Aurora Innovation, Inc. $AUR Shares Newly Bought by Crystal Rock Capital Management

Key Points

• Crystal Rock Capital Management acquired 312,125 Aurora Innovation shares worth approximately $1.73 million in the third quarter, while institutional investors collectively own 44.71% of the company.
• Analyst sentiment remains mixed but leans positive: eight analysts rate Aurora a Buy, two a Hold and two a Sell, producing a “Moderate Buy” consensus and an average price target of $12.56.
• Aurora faces significant execution and financial risks, including production bottlenecks, a $257 million operating loss, $3 million in quarterly revenue and $170 million in negative operating cash flow; shares opened at $4.41, down 13.4%.

Crystal Rock Capital Management acquired a new stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 312,125 shares of the company's stock, valued at approximately $1,729,000. Aurora Innovation accounts for approximately 0.9% of Crystal Rock Capital Management's portfolio, making the stock its 29th biggest position.

A number of other hedge funds also recently made changes to their positions in the stock. State Street Corp raised its stake in Aurora Innovation by 6.0% during the 2nd quarter. State Street Corp now owns 22,922,729 shares of the company's stock worth $156,333,000 after acquiring an additional 1,293,487 shares during the period. Bank of America Corp DE boosted its position in shares of Aurora Innovation by 130.0% in the first quarter. Bank of America Corp DE now owns 30,036,169 shares of the company's stock worth $123,749,000 after purchasing an additional 16,975,927 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Aurora Innovation by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 11,807,009 shares of the company's stock worth $48,621,000 after purchasing an additional 490,659 shares during the period. Janus Henderson Group PLC boosted its position in shares of Aurora Innovation by 2,068.8% in the first quarter. Janus Henderson Group PLC now owns 11,243,080 shares of the company's stock worth $46,319,000 after purchasing an additional 10,724,682 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in shares of Aurora Innovation in the second quarter worth $25,893,000. 44.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Evercore restated an "outperform" rating on shares of Aurora Innovation in a research report on Tuesday, September 15th. Morgan Stanley increased their price target on Aurora Innovation from $14.00 to $18.00 and gave the stock an "overweight" rating in a research note on Friday, September 11th. Zacks Research cut Aurora Innovation from a "hold" rating to a "strong sell" rating in a report on Monday, October 12th. Canaccord Genuity Group boosted their price objective on Aurora Innovation from $15.00 to $17.00 and gave the company a "buy" rating in a research report on Thursday, September 24th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Aurora Innovation in a research report on Thursday, October 15th. Eight equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $12.56.

Key Stories Impacting Aurora Innovation

Here are the key news stories impacting Aurora Innovation this week:

• Positive Sentiment: Aurora reiterated an ambitious commercialization strategy, targeting production of about 20 driverless trucks per week by early December, more than 1,000 vehicles exiting 2027, and 30,000 by 2030. Management said its “driver-as-a-service” model could support significantly higher trucking profits as the company scales. Aurora production and fleet targets
• Positive Sentiment: Chief Executive Chris Urmson highlighted strong potential demand, a national shortage of truck drivers, and what he described as a supportive regulatory environment. These factors could help Aurora expand commercial deployments if manufacturing execution improves. Driverless trucks can double profits, says Aurora CEO
• Neutral Sentiment: Cantor Fitzgerald maintained an “overweight” rating, but lowered its price target from $12 to $11, reflecting continued long-term optimism alongside near-term execution risks. Cantor Fitzgerald rating and price target
• Negative Sentiment: Aurora said “preproduction bottlenecks” would delay the driverless-truck ramp by roughly six weeks. The setback raises concerns about whether the company can meet its production and revenue milestones on schedule. Aurora production bottleneck report
• Negative Sentiment: Third-quarter revenue was only $3 million, while Aurora posted a $257 million operating loss, a $234 million net loss, and $170 million of negative operating cash flow. Cash and equivalents stood at $141 million, underscoring funding and cash-burn risks as the company invests in scaling. Aurora third-quarter 2026 results
• Negative Sentiment: The quarterly loss of $0.12 per share matched consensus, but the very limited revenue base and continuing heavy losses outweighed the year-over-year revenue growth, leaving investors focused on execution rather than current financial performance. Aurora Q3 loss report

Aurora Innovation Stock Down 13.4%

Shares of AUR opened at $4.41 on Friday. Aurora Innovation, Inc. has a 1 year low of $3.60 and a 1 year high of $8.56. The company has a 50 day simple moving average of $5.73 and a two-hundred day simple moving average of $5.62.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported ($0.12) EPS for the quarter, hitting the consensus estimate of ($0.12). Aurora Innovation had a negative net margin of 13,328.57% and a negative return on equity of 47.05%. The firm had revenue of $3.00 million for the quarter, compared to the consensus estimate of $2.99 million. The company's revenue for the quarter was up 200.0% compared to the same quarter last year. On average, analysts forecast that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

Insider Transactions at Aurora Innovation

In other Aurora Innovation news, Director Michelangelo Volpi sold 2,842,682 shares of Aurora Innovation stock in a transaction on Monday, August 17th. The shares were sold at an average price of $7.00, for a total value of $19,898,774.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 6,390,753 shares of company stock valued at $44,826,378. Insiders own 8.52% of the company's stock.

Aurora Innovation Profile

Aurora Innovation, Inc develops autonomous driving technology for commercial trucks and passenger vehicles. Its core product, the Aurora Driver, combines artificial intelligence, sensors, mapping, and vehicle-control software to enable vehicles to perceive their surroundings, plan routes, and operate with limited or no human intervention.

The company focuses initially on autonomous trucking and freight transportation, while also developing technology for passenger mobility applications.

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