IQ EQ FUND MANAGEMENT IRELAND Ltd Makes New Investment in Aurora Innovation, Inc. (NASDAQ:AUR)

IQ EQ FUND MANAGEMENT IRELAND Ltd purchased a new stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 62,948 shares of the company’s stock, valued at approximately $397,000.

Other large investors also recently bought and sold shares of the company. Twin Tree Management LP grew its position in shares of Aurora Innovation by 217.2% during the 4th quarter. Twin Tree Management LP now owns 4,450 shares of the company’s stock valued at $28,000 after acquiring an additional 3,047 shares during the period. GPS Wealth Strategies Group LLC boosted its position in Aurora Innovation by 241.7% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock worth $44,000 after purchasing an additional 4,955 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Aurora Innovation in the third quarter valued at approximately $60,000. Reynders McVeigh Capital Management LLC purchased a new stake in shares of Aurora Innovation in the third quarter valued at approximately $63,000. Finally, Grimes & Company Inc. acquired a new position in shares of Aurora Innovation during the 4th quarter worth approximately $63,000. 44.71% of the stock is owned by institutional investors and hedge funds.

Aurora Innovation Trading Down 10.5 %

Shares of NASDAQ AUR opened at $6.68 on Friday. The company has a 50-day moving average of $7.28 and a 200 day moving average of $6.58. Aurora Innovation, Inc. has a 12-month low of $2.10 and a 12-month high of $10.77. The stock has a market cap of $11.63 billion, a PE ratio of -14.21 and a beta of 2.82.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, sell-side analysts forecast that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. TD Cowen assumed coverage on shares of Aurora Innovation in a report on Friday, March 7th. They issued a “hold” rating and a $8.00 price target for the company. Oppenheimer began coverage on shares of Aurora Innovation in a research note on Thursday. They set an “outperform” rating and a $15.00 target price for the company. Morgan Stanley started coverage on shares of Aurora Innovation in a research note on Monday, March 3rd. They issued an “overweight” rating and a $12.00 price target on the stock. Canaccord Genuity Group boosted their price objective on Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Finally, Evercore ISI raised their target price on Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $9.07.

Aurora Innovation Profile

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.