Aurora Innovation (NASDAQ:AUR) Trading 6.3% Higher

Aurora Innovation, Inc. (NASDAQ:AUR) shares were up 6.3% on Thursday . The company traded as high as $4.76 and last traded at $4.74. Approximately 4,116,332 shares were traded during 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 7.0 %

The business has a 50-day moving average price of $3.91 and a 200 day moving average price of $3.11. The stock has a market cap of $7.48 billion, a PE ratio of -8.62 and a beta of 2.78.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings data 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

A number of large investors have recently bought and sold shares of AUR. Baillie Gifford & Co. lifted its holdings in Aurora Innovation by 78.4% in the second quarter. Baillie Gifford & Co. now owns 72,438,562 shares of the company’s stock valued at $200,655,000 after acquiring an additional 31,841,994 shares during the period. Vanguard Group Inc. grew its stake in Aurora Innovation by 5.9% during the fourth quarter. Vanguard Group Inc. now owns 83,516,588 shares of the company’s stock valued at $364,967,000 after acquiring an additional 4,625,559 shares in the last quarter. Foxhaven Asset Management LP purchased a new stake in shares of Aurora Innovation in the fourth quarter worth about $19,123,000. Cadian Capital Management LP bought a new position in shares of Aurora Innovation during the 4th quarter valued at approximately $17,914,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Aurora Innovation by 273.5% in the second quarter. Bank of New York Mellon Corp now owns 5,190,426 shares of the company’s stock valued at $14,377,000 after purchasing an additional 3,800,901 shares in the last quarter. 44.71% of the stock is owned by hedge funds and other institutional investors.

Aurora Innovation Company Profile

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.