Sumitomo Mitsui Trust Holdings Inc. reduced its stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 5.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,073,774 shares of the company's stock after selling 191,757 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned about 0.20% of Aurora Innovation worth $8,514,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Aurora Innovation by 1.5% in 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 during the last quarter. Baillie Gifford & Co. raised its holdings in Aurora Innovation by 20.7% in the 1st quarter. Baillie Gifford & Co. now owns 40,596,568 shares of the company's stock worth $114,482,000 after acquiring an additional 6,962,404 shares during the last quarter. Greylock 15 GP LLC purchased a new position in Aurora Innovation in the 4th quarter worth approximately $61,604,000. Dimensional Fund Advisors LP raised its holdings in Aurora Innovation by 42.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,570,607 shares of the company's stock worth $33,098,000 after acquiring an additional 2,243,528 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Aurora Innovation by 7.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,171,940 shares of the company's stock worth $22,601,000 after acquiring an additional 353,301 shares during the last quarter. 44.71% of the stock is owned by institutional investors.
Aurora Innovation Stock Up 4.3 %
AUR traded up $0.16 during mid-day trading on Wednesday, reaching $3.86. 5,400,937 shares of the company traded hands, compared to its average volume of 8,673,219. The stock has a market capitalization of $5.99 billion, a P/E ratio of -7.02 and a beta of 2.76. The company's fifty day moving average price is $3.41 and its 200-day moving average price is $2.98. Aurora Innovation, Inc. has a 52-week low of $1.60 and a 52-week high of $5.24.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.01.
About Aurora Innovation
(
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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