Aurora Innovation (NASDAQ:AUR) Trading Up 8%

Aurora Innovation, Inc. (NASDAQ:AUR) was up 8% during mid-day trading on Thursday . The company traded as high as $5.14 and last traded at $5.12. Approximately 4,167,083 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 8,509,632 shares. The stock had previously closed at $4.74.

Aurora Innovation Trading Up 10.1 %

The stock has a market cap of $8.19 billion, a price-to-earnings ratio of -9.25 and a beta of 2.78. The stock’s 50-day moving average price is $4.11 and its 200-day moving average price is $3.18.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings results 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 Trading of Aurora Innovation

Hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC increased its stake 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 purchasing an additional 3,400 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in Aurora Innovation during the 2nd quarter valued at $30,000. Blueshift Asset Management LLC bought a new stake in Aurora Innovation during the 4th quarter valued at $53,000. Profund Advisors LLC bought a new stake in Aurora Innovation during the 2nd quarter valued at $46,000. Finally, Empowered Funds LLC increased its stake in 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 purchasing an additional 5,386 shares in the last quarter. Institutional investors own 44.71% of the company’s stock.

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.