Scientech Research LLC Makes New Investment in Aurora Innovation, Inc. (NASDAQ:AUR)

Scientech Research LLC acquired a new stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 158,412 shares of the company’s stock, valued at approximately $439,000.

Other large investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its position in Aurora Innovation by 67.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 500,535 shares of the company’s stock worth $1,386,000 after acquiring an additional 202,413 shares during the last quarter. Employees Retirement System of Texas increased its stake in shares of Aurora Innovation by 581.2% in the second quarter. Employees Retirement System of Texas now owns 262,442 shares of the company’s stock worth $727,000 after buying an additional 223,913 shares during the period. Xponance Inc. raised its holdings in Aurora Innovation by 147.4% during the 2nd quarter. Xponance Inc. now owns 53,168 shares of the company’s stock valued at $147,000 after buying an additional 31,678 shares during the last quarter. Profund Advisors LLC bought a new stake in Aurora Innovation in the 2nd quarter worth $46,000. Finally, Public Employees Retirement Association of Colorado purchased a new position in shares of Aurora Innovation in the second quarter valued at about $214,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.

Aurora Innovation Trading Up 2.8 %

Aurora Innovation stock opened at $5.96 on Monday. Aurora Innovation, Inc. has a 1-year low of $1.60 and a 1-year high of $6.79. The firm has a market cap of $9.25 billion, a P/E ratio of -10.84 and a beta of 2.78. The firm has a 50-day moving average of $4.31 and a 200-day moving average of $3.35.

Aurora Innovation (NASDAQ:AUR) last posted its earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate 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.