Crystal Rock Capital Management Purchases New Shares in Aurora Innovation, Inc. $AUR

Crystal Rock Capital Management acquired a new position in Aurora Innovation, Inc. (NASDAQ:AUR) during the third quarter, according to the company in its most recent disclosure 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 comprises approximately 0.9% of Crystal Rock Capital Management’s portfolio, making the stock its 29th biggest holding.

Other hedge funds have also modified their holdings of the company. Redmond Asset Management LLC purchased a new position in shares of Aurora Innovation in the third quarter valued at $231,000. North Dakota State Investment Board increased its position in Aurora Innovation by 9.8% in the third quarter. North Dakota State Investment Board now owns 38,084 shares of the company’s stock worth $211,000 after purchasing an additional 3,410 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in Aurora Innovation in the third quarter worth $487,000. Ascent Wealth Partners LLC purchased a new stake in Aurora Innovation during the third quarter valued at $107,000. Finally, Ervin Investment Management LLC raised its stake in Aurora Innovation by 304.0% during the third quarter. Ervin Investment Management LLC now owns 40,400 shares of the company’s stock valued at $224,000 after purchasing an additional 30,400 shares in the last quarter. 44.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Michelangelo Volpi sold 2,842,682 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $7.00, for a total value of $19,898,774.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 6,390,753 shares of company stock valued at $44,826,378. 8.52% of the stock is currently owned by company insiders.

Key Aurora Innovation News

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

Analyst Ratings Changes

AUR has been the subject of several research reports. The Goldman Sachs Group lowered their price objective on shares of Aurora Innovation from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday. Zacks Research downgraded shares of Aurora Innovation from a “hold” rating to a “strong sell” rating in a report on Monday, October 12th. Evercore restated an “outperform” rating on shares of Aurora Innovation in a research report on Tuesday, September 15th. Needham & Company LLC lowered their price target on shares of Aurora Innovation from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aurora Innovation in a research report on Thursday, October 15th. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.56.

Aurora Innovation Price Performance

NASDAQ AUR opened at $4.41 on Friday. The business’s 50 day moving average price is $5.73 and its 200-day moving average price is $5.62. Aurora Innovation, Inc. has a fifty-two week low of $3.60 and a fifty-two week high of $8.56.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings results on Wednesday, October 28th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.12). The company had revenue of $3.00 million during the quarter, compared to the consensus estimate of $2.99 million. Aurora Innovation had a negative return on equity of 47.05% and a negative net margin of 13,328.57%. Aurora Innovation’s quarterly revenue was up 200.0% on a year-over-year basis. On average, equities research analysts expect that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

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.