Bank of New York Mellon Corp Acquires 3,800,901 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Bank of New York Mellon Corp increased its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 273.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,190,426 shares of the company’s stock after purchasing an additional 3,800,901 shares during the period. Bank of New York Mellon Corp owned 0.33% of Aurora Innovation worth $14,377,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AUR. Parallel Advisors LLC boosted its position in Aurora Innovation by 91.9% during the 4th quarter. Parallel Advisors LLC now owns 7,100 shares of the company’s stock valued at $31,000 after acquiring an additional 3,400 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in Aurora Innovation during the second quarter valued at about $30,000. Blueshift Asset Management LLC purchased a new position in Aurora Innovation in the fourth quarter valued at about $53,000. Empowered Funds LLC raised its holdings in 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 purchasing an additional 5,386 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in shares of Aurora Innovation by 32.0% during the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company’s stock valued at $54,000 after buying an additional 4,702 shares during the last quarter. 44.71% of the stock is owned by hedge funds and other institutional investors.

Aurora Innovation Stock Down 3.7 %

Shares of AUR opened at $3.90 on Friday. The company has a 50 day moving average of $3.83 and a two-hundred day moving average of $3.07. Aurora Innovation, Inc. has a twelve month low of $1.60 and a twelve month high of $5.24. The company has a market cap of $6.12 billion, a price-to-earnings ratio of -7.09 and a beta of 2.78.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings data on Wednesday, July 31st. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01.

Aurora Innovation 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.