The Manufacturers Life Insurance Company boosted its stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 67.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 500,535 shares of the company's stock after purchasing an additional 202,413 shares during the period. The Manufacturers Life Insurance Company's holdings in Aurora Innovation were worth $1,386,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new position in shares of Aurora Innovation in the second quarter worth $30,000. Profund Advisors LLC acquired a new position in shares of Aurora Innovation in the second quarter worth $46,000. Empowered Funds LLC grew its stake in shares of Aurora Innovation by 44.1% in the first quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock worth $50,000 after acquiring an additional 5,386 shares in the last quarter. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Aurora Innovation during the 2nd quarter worth $51,000. Finally, Nisa Investment Advisors LLC lifted its position in shares of Aurora Innovation by 32.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company's stock worth $54,000 after purchasing an additional 4,702 shares during the last quarter. Institutional investors and hedge funds own 44.71% of the company's stock.
Aurora Innovation Stock Up 0.5 %
AUR traded up $0.03 on Friday, reaching $5.75. The company had a trading volume of 5,592,790 shares, compared to its average volume of 8,692,460. Aurora Innovation, Inc. has a 1 year low of $1.60 and a 1 year high of $6.79. The stock has a market capitalization of $8.93 billion, a PE ratio of -10.45 and a beta of 2.80. The stock has a 50-day moving average price of $4.60 and a 200-day moving average price of $3.57.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last announced 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.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a $7.00 price objective on shares of Aurora Innovation in a research report on Monday, September 30th.
View Our Latest Report on Aurora Innovation
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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