114,439 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Acquired by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC purchased a new stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 114,439 shares of the company's stock, valued at approximately $721,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CoreCap Advisors LLC grew its holdings in shares of Aurora Innovation by 15.0% during the fourth quarter. CoreCap Advisors LLC now owns 13,177 shares of the company's stock valued at $83,000 after buying an additional 1,717 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of Aurora Innovation by 5.1% in the 4th quarter. CIBC Asset Management Inc now owns 35,587 shares of the company's stock worth $224,000 after purchasing an additional 1,723 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Aurora Innovation by 11.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,484 shares of the company's stock valued at $135,000 after buying an additional 2,216 shares during the last quarter. Twin Tree Management LP grew its stake in shares of Aurora Innovation by 217.2% in the fourth quarter. Twin Tree Management LP now owns 4,450 shares of the company's stock worth $28,000 after acquiring an additional 3,047 shares during the period. Finally, Summit Investment Advisors Inc. lifted its position in Aurora Innovation by 3.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 98,238 shares of the company's stock valued at $619,000 after purchasing an additional 3,360 shares during the period. Hedge funds and other institutional investors own 44.71% of the company's stock.

Aurora Innovation Price Performance

NASDAQ:AUR traded down $0.16 during trading hours on Friday, hitting $6.09. 8,542,730 shares of the company were exchanged, compared to its average volume of 13,387,006. The company's 50 day moving average price is $6.63 and its 200-day moving average price is $6.87. The stock has a market capitalization of $10.76 billion, a price-to-earnings ratio of -12.97 and a beta of 2.76. Aurora Innovation, Inc. has a 52-week low of $2.10 and a 52-week high of $10.77.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.01). On average, equities analysts predict that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AUR shares. Canaccord Genuity Group upped their price target on shares of Aurora Innovation from $10.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Morgan Stanley initiated coverage on Aurora Innovation in a research report on Monday, March 3rd. They set an "overweight" rating and a $12.00 price objective on the stock. Oppenheimer began coverage on Aurora Innovation in a research report on Thursday, March 27th. They issued an "outperform" rating and a $15.00 price target for the company. The Goldman Sachs Group lifted their price target on shares of Aurora Innovation from $6.00 to $7.00 and gave the company a "neutral" rating in a research note on Monday, May 12th. Finally, Needham & Company LLC lifted their price objective on shares of Aurora Innovation from $10.00 to $13.00 and gave the company a "buy" rating in a report on Friday, May 9th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $10.75.

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.