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Rhumbline Advisers Acquires 619,791 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Aurora Innovation logo with Business Services background

Rhumbline Advisers raised its stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 114.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,160,176 shares of the company's stock after purchasing an additional 619,791 shares during the period. Rhumbline Advisers owned 0.07% of Aurora Innovation worth $3,214,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC increased its position in Aurora Innovation by 91.9% in the fourth quarter. Parallel Advisors LLC now owns 7,100 shares of the company's stock worth $31,000 after purchasing an additional 3,400 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Aurora Innovation by 32.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company's stock worth $54,000 after buying an additional 4,702 shares during the last quarter. Empowered Funds LLC raised its position in shares of Aurora Innovation by 44.1% during the 1st quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock valued at $50,000 after buying an additional 5,386 shares in the last quarter. American International Group Inc. raised its position in shares of Aurora Innovation by 4.6% during the 1st quarter. American International Group Inc. now owns 176,045 shares of the company's stock valued at $496,000 after buying an additional 7,773 shares in the last quarter. Finally, ProShare Advisors LLC lifted its holdings in shares of Aurora Innovation by 14.5% in the 1st quarter. ProShare Advisors LLC now owns 64,179 shares of the company's stock valued at $181,000 after acquiring an additional 8,142 shares during the last quarter. Hedge funds and other institutional investors own 44.71% of the company's stock.


Aurora Innovation Stock Down 0.4 %

NASDAQ AUR traded down $0.02 during trading hours on Wednesday, hitting $4.74. 5,785,172 shares of the company were exchanged, compared to its average volume of 8,533,664. The stock has a market cap of $7.44 billion, a PE ratio of -9.25 and a beta of 2.78. Aurora Innovation, Inc. has a 52 week low of $1.60 and a 52 week high of $5.24. The stock has a 50-day moving average price of $4.07 and a 200 day moving average price of $3.17.

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 the consensus estimate 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.

Further Reading

Institutional Ownership by Quarter for Aurora Innovation (NASDAQ:AUR)

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