Free Trial

Aurora Innovation (NASDAQ:AUR) Trading Up 6.5%

Aurora Innovation logo with Business Services background

Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) shares were up 6.5% on Thursday . The company traded as high as $4.43 and last traded at $4.41. Approximately 2,660,825 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 8,640,893 shares. The stock had previously closed at $4.14.

Aurora Innovation Stock Up 8.0 %

The business has a 50 day moving average price of $3.63 and a two-hundred day moving average price of $3.02. The stock has a market cap of $6.94 billion, a P/E ratio of -8.13 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) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.01.

Institutional Investors Weigh In On Aurora Innovation

Several hedge funds and other institutional investors have recently made changes to their positions in AUR. Charles Schwab Investment Management Inc. boosted its holdings in shares of Aurora Innovation by 7.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,171,940 shares of the company's stock valued at $22,601,000 after purchasing an additional 353,301 shares during the period. Vanguard Group Inc. grew its holdings in Aurora Innovation by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 84,784,550 shares of the company's stock worth $239,092,000 after acquiring an additional 1,267,962 shares in the last quarter. Cadian Capital Management LP purchased a new position in Aurora Innovation during the 4th quarter valued at about $17,914,000. Empowered Funds LLC raised its holdings in shares of Aurora Innovation by 44.1% in the 1st quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock valued at $50,000 after purchasing an additional 5,386 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Aurora Innovation by 11.2% in the 4th quarter. New York State Common Retirement Fund now owns 138,192 shares of the company's stock worth $604,000 after purchasing an additional 13,875 shares during the period. Hedge funds and other institutional investors own 44.71% of the company's stock.


Aurora Innovation Company Profile

(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.

Further Reading

Should you invest $1,000 in Aurora Innovation right now?

Before you consider Aurora Innovation, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aurora Innovation wasn't on the list.

While Aurora Innovation currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Rate Cuts Fuel Volatility: How Long Could it Last?
SMCI Stock: Is a Rebound Coming?
FOMC’s Rate Cut Decision Could Drive Market Swings

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines