Employees Retirement System of Texas Acquires 223,913 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Employees Retirement System of Texas grew its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 581.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 262,442 shares of the company’s stock after acquiring an additional 223,913 shares during the quarter. Employees Retirement System of Texas’ holdings in Aurora Innovation were worth $727,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in AUR. Dimensional Fund Advisors LP boosted its stake in Aurora Innovation by 42.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,570,607 shares of the company’s stock worth $33,098,000 after buying an additional 2,243,528 shares during the period. Parallel Advisors LLC boosted its stake in shares of Aurora Innovation by 91.9% during the 4th quarter. Parallel Advisors LLC now owns 7,100 shares of the company’s stock worth $31,000 after purchasing an additional 3,400 shares during the period. New Age Alpha Advisors LLC bought a new position in Aurora Innovation during the 4th quarter valued at about $1,092,000. Blueshift Asset Management LLC bought a new position in Aurora Innovation during the 4th quarter valued at about $53,000. Finally, Cadian Capital Management LP purchased a new stake in Aurora Innovation in the 4th quarter worth about $17,914,000. Institutional investors own 44.71% of the company’s stock.

Aurora Innovation Price Performance

Shares of NASDAQ:AUR opened at $5.80 on Friday. The firm has a market capitalization of $9.00 billion, a PE ratio of -10.55 and a beta of 2.78. The business has a 50 day simple moving average of $4.28 and a two-hundred day simple moving average of $3.32. Aurora Innovation, Inc. has a 1 year low of $1.60 and a 1 year high of $6.79.

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.

About Aurora Innovation

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.