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Aurora Innovation Sees Unusually Large Options Volume (NASDAQ:AUR)

Aurora Innovation logo with Business Services background

Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) saw unusually large options trading on Tuesday. Stock traders purchased 3,039 call options on the stock. This is an increase of approximately 193% compared to the average daily volume of 1,038 call options.

Aurora Innovation Price Performance

Shares of Aurora Innovation stock traded up $0.32 during trading on Tuesday, hitting $4.93. The stock had a trading volume of 32,732,659 shares, compared to its average volume of 8,397,826. The firm has a market cap of $7.65 billion, a P/E ratio of -8.96 and a beta of 2.75. The business has a fifty day moving average of $2.73 and a two-hundred day moving average of $2.86. Aurora Innovation has a fifty-two week low of $1.60 and a fifty-two week high of $5.24.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported ($0.11) earnings per share for the quarter.

Insider Transactions at Aurora Innovation

In other news, Director Reid Hoffman sold 45,600 shares of the company's stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $3.16, for a total value of $144,096.00. Following the completion of the sale, the director now owns 389,694 shares in the company, valued at $1,231,433.04. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 13.83% of the company's stock.

Institutional Investors Weigh In On Aurora Innovation

Several hedge funds have recently modified their holdings of AUR. Wellington Management Group LLP lifted its holdings in shares of Aurora Innovation by 48.6% during the third quarter. Wellington Management Group LLP now owns 18,060,657 shares of the company's stock valued at $42,443,000 after purchasing an additional 5,903,484 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Aurora Innovation by 73.2% during the third quarter. Vanguard Group Inc. now owns 78,891,029 shares of the company's stock valued at $185,394,000 after purchasing an additional 33,348,395 shares during the last quarter. WBH Advisory Inc. purchased a new stake in Aurora Innovation in the 4th quarter worth about $125,000. SG Americas Securities LLC lifted its stake in Aurora Innovation by 54.9% in the 4th quarter. SG Americas Securities LLC now owns 59,614 shares of the company's stock worth $261,000 after acquiring an additional 21,130 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Aurora Innovation by 51.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 17,140 shares of the company's stock worth $75,000 after acquiring an additional 5,859 shares during the period. 44.71% of the stock is 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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