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

J. Goldman & Co LP acquired 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 Securities & Exchange Commission. The firm acquired 1,147,013 shares of the company's stock, valued at approximately $7,226,000. J. Goldman & Co LP owned 0.07% of Aurora Innovation as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Twin Tree Management LP increased its holdings in 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 purchasing an additional 3,047 shares in the last quarter. GPS Wealth Strategies Group LLC grew its holdings in shares of 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 during the last quarter. Grimes & Company Inc. acquired a new stake in shares of Aurora Innovation in the fourth quarter valued at $63,000. Yousif Capital Management LLC bought a new position in shares of Aurora Innovation in the fourth quarter valued at about $65,000. Finally, Avantax Advisory Services Inc. bought a new position in shares of Aurora Innovation in the fourth quarter valued at about $65,000. Institutional investors and hedge funds own 44.71% of the company's stock.

Analyst Ratings Changes

AUR has been the subject of several research reports. Cantor Fitzgerald restated an "overweight" rating and issued a $10.00 price objective on shares of Aurora Innovation in a research report on Thursday, February 13th. The Goldman Sachs Group raised their price target on shares of Aurora Innovation from $6.00 to $7.00 and gave the company a "neutral" rating in a report on Monday. TD Cowen initiated coverage on shares of Aurora Innovation in a research report on Friday, March 7th. They issued a "hold" rating and a $8.00 price objective for the company. Morgan Stanley began coverage on Aurora Innovation in a research report on Monday, March 3rd. They issued an "overweight" rating and a $12.00 price objective on the stock. Finally, Needham & Company LLC boosted their target price on Aurora Innovation from $10.00 to $13.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Aurora Innovation presently has an average rating of "Moderate Buy" and a consensus target price of $10.75.

Aurora Innovation Stock Performance

AUR traded down $0.12 during trading on Friday, reaching $6.70. 40,838,503 shares of the company's stock were exchanged, compared to its average volume of 12,996,233. The company's fifty day moving average price is $6.78 and its 200-day moving average price is $6.84. The firm has a market capitalization of $11.66 billion, a PE ratio of -14.26 and a beta of 2.76. Aurora Innovation, Inc. has a fifty-two week low of $2.10 and a fifty-two week high of $10.77.

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

About Aurora Innovation

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.