Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) was up 11.3% during trading on Friday . The company traded as high as $4.04 and last traded at $4.04. Approximately 5,271,037 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 8,675,345 shares. The stock had previously closed at $3.63.
Aurora Innovation Price Performance
The business has a 50 day simple moving average of $3.47 and a 200 day simple moving average of $2.99. The stock has a market cap of $6.68 billion, a PE ratio of -7.82 and a beta of 2.76.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported ($0.12) EPS for the quarter, beating analysts' consensus estimates of ($0.13) by $0.01.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of AUR. Algert Global LLC lifted its position in shares of Aurora Innovation by 72.9% in the second quarter. Algert Global LLC now owns 265,921 shares of the company's stock worth $737,000 after buying an additional 112,131 shares during the last quarter. Scientech Research LLC acquired a new stake in shares of Aurora Innovation in the second quarter worth about $439,000. The Manufacturers Life Insurance Company lifted its position in shares of Aurora Innovation by 67.9% in the second quarter. The Manufacturers Life Insurance Company now owns 500,535 shares of the company's stock worth $1,386,000 after buying an additional 202,413 shares during the last quarter. Employees Retirement System of Texas lifted its position in shares of Aurora Innovation by 581.2% in the second quarter. Employees Retirement System of Texas now owns 262,442 shares of the company's stock worth $727,000 after buying an additional 223,913 shares during the last quarter. Finally, Xponance Inc. lifted its position in shares of Aurora Innovation by 147.4% in the second quarter. Xponance Inc. now owns 53,168 shares of the company's stock worth $147,000 after buying an additional 31,678 shares during the last quarter. Hedge funds and other institutional investors own 44.71% of the company's stock.
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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