J. Goldman & Co LP Makes New $7.23 Million Investment in Aurora Innovation, Inc. (NASDAQ:AUR)

J. Goldman & Co LP bought a new stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,147,013 shares of the company's stock, valued at approximately $7,226,000. J. Goldman & Co LP owned about 0.07% of Aurora Innovation as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Twin Tree Management LP grew its holdings in Aurora Innovation by 217.2% during 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. GPS Wealth Strategies Group LLC grew its stake in shares of Aurora Innovation by 241.7% during the 4th 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 during the period. Grimes & Company Inc. purchased a new position in shares of Aurora Innovation during the 4th quarter valued at approximately $63,000. Yousif Capital Management LLC purchased a new position in shares of Aurora Innovation during the 4th quarter valued at approximately $65,000. Finally, Avantax Advisory Services Inc. acquired a new position in shares of Aurora Innovation in the 4th quarter valued at $65,000. Institutional investors and hedge funds own 44.71% of the company's stock.

Aurora Innovation Price Performance

AUR traded down $0.46 on Wednesday, reaching $6.86. 147,765,417 shares of the company's stock were exchanged, compared to its average volume of 12,762,059. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77. The stock has a market cap of $11.94 billion, a PE ratio of -14.60 and a beta of 2.76. The stock's fifty day moving average price is $6.77 and its 200-day moving average price is $6.84.

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on AUR. Oppenheimer initiated coverage on shares of Aurora Innovation in a research report on Thursday, March 27th. They issued an "outperform" rating and a $15.00 price objective for the company. Morgan Stanley started coverage on Aurora Innovation in a research note on Monday, March 3rd. They set an "overweight" rating and a $12.00 target price for the company. Evercore ISI lifted their price target on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an "in-line" rating in a research note on Tuesday, February 18th. TD Cowen started coverage on shares of Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 price objective for the company. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $10.00 price objective on shares of Aurora Innovation in a report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $10.75.

Aurora Innovation Company 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.