Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $3.85, but opened at $3.98. Aurora Innovation shares last traded at $3.86, with a volume of 341,807 shares trading hands.
Aurora Innovation Stock Performance
The stock has a market capitalization of $6.84 billion, a PE ratio of -7.45 and a beta of 2.78. The firm's 50 day moving average is $3.85 and its two-hundred day moving average is $3.08.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.01.
Hedge Funds Weigh In On Aurora Innovation
A number of hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC purchased a new position in Aurora Innovation in the 2nd quarter valued at $30,000. Parallel Advisors LLC grew its position in Aurora Innovation by 91.9% during the fourth quarter. Parallel Advisors LLC now owns 7,100 shares of the company's stock worth $31,000 after buying an additional 3,400 shares during the period. Profund Advisors LLC acquired a new stake in shares of Aurora Innovation during the 2nd quarter valued at approximately $46,000. Empowered Funds LLC boosted its stake in shares of Aurora Innovation by 44.1% during the 1st quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock worth $50,000 after acquiring an additional 5,386 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Aurora Innovation in the 2nd quarter worth approximately $51,000. 44.71% of the stock is currently owned by hedge funds and other institutional investors.
About Aurora Innovation
(
Get Free Report)
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.
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