CoreCap Advisors LLC Has $83,000 Stock Holdings in Aurora Innovation, Inc. (NASDAQ:AUR)

CoreCap Advisors LLC increased its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 15.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,177 shares of the company’s stock after buying an additional 1,717 shares during the quarter. CoreCap Advisors LLC’s holdings in Aurora Innovation were worth $83,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in AUR. Twin Tree Management LP boosted 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 valued at $28,000 after purchasing an additional 3,047 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its holdings 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 valued at $44,000 after purchasing an additional 4,955 shares in the last quarter. Grimes & Company Inc. acquired a new stake in Aurora Innovation during the fourth quarter valued at approximately $63,000. Yousif Capital Management LLC acquired a new stake in Aurora Innovation during the fourth quarter valued at approximately $65,000. Finally, Avantax Advisory Services Inc. acquired a new stake in Aurora Innovation during the fourth quarter valued at approximately $65,000. 44.71% of the stock is owned by institutional investors and hedge funds.

Aurora Innovation Stock Performance

NASDAQ:AUR opened at $7.32 on Wednesday. The stock’s fifty day moving average price is $6.77 and its two-hundred day moving average price is $6.83. Aurora Innovation, Inc. has a 52-week low of $2.10 and a 52-week high of $10.77. The company has a market cap of $12.74 billion, a price-to-earnings ratio of -15.57 and a beta of 2.76.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.01). On average, equities analysts predict that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. TD Cowen assumed coverage on Aurora Innovation in a report on Friday, March 7th. They issued a “hold” rating and a $8.00 target price on the stock. 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 report on Friday, May 9th. The Goldman Sachs Group boosted their target price on Aurora Innovation from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Monday. Oppenheimer assumed coverage on Aurora Innovation in a report on Thursday, March 27th. They issued an “outperform” rating and a $15.00 target price on the stock. Finally, Evercore ISI boosted their target price on Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Tuesday, February 18th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Aurora Innovation has an average rating of “Moderate Buy” and an average target price of $10.75.

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.