Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) was up 6.3% during mid-day trading on Thursday . The company traded as high as $4.76 and last traded at $4.74. Approximately 4,116,332 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 8,548,618 shares. The stock had previously closed at $4.46.
Aurora Innovation Trading Up 8.3 %
The stock's 50-day simple moving average is $3.91 and its 200-day simple moving average is $3.11. The stock has a market cap of $7.58 billion, a price-to-earnings ratio of -8.67 and a beta of 2.78.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.13) by $0.01.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Aurora Innovation by 1.5% during the first quarter. Vanguard Group Inc. now owns 84,784,550 shares of the company's stock valued at $239,092,000 after purchasing an additional 1,267,962 shares in the last quarter. Baillie Gifford & Co. increased its stake in shares of Aurora Innovation by 78.4% in the 2nd quarter. Baillie Gifford & Co. now owns 72,438,562 shares of the company's stock valued at $200,655,000 after purchasing an additional 31,841,994 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Aurora Innovation by 23.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 13,337,429 shares of the company's stock worth $36,941,000 after buying an additional 2,502,002 shares in the last quarter. Primecap Management Co. CA raised its holdings in shares of Aurora Innovation by 1.0% during the 2nd quarter. Primecap Management Co. CA now owns 10,217,700 shares of the company's stock worth $28,303,000 after buying an additional 102,800 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Aurora Innovation by 273.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,190,426 shares of the company's stock worth $14,377,000 after buying an additional 3,800,901 shares in the last quarter. Institutional investors and hedge funds 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.
Featured Articles
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
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.
Link copied to clipboard.
