Shares of Aurora Innovation (NASDAQ:AUR) fell 8%

Aurora Innovation, Inc. share price (NASDAQ:AUR – Get Free Report ) was down 8% during trading on Thursday. The stock traded as high as $3.54 and last traded at $3.55. 1,697,552 shares traded hands during trading, down 80% from the session’s average volume of 8,630,169 shares. Shares previously closed at $3.86.

Aurora Innovation stock performance

The company has a market cap of $6.68 billion, a price-to-earnings ratio of -7.82 and a beta of 2.76. The stock’s fifty day moving average is $3.47 and the two hundred day moving average is $2.99.

Aurora Innovation (NASDAQ:AUR – Get Free Report ) last issued its quarterly earnings data on Wednesday, July 31st. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.01.

Institutional inputs and outputs

A number of large investors have recently made changes to their positions in the company. Algert Global LLC grew its position in shares of Aurora Innovation by 72.9% in the second quarter. Algert Global LLC now owns 265,921 shares of the company’s stock valued at $737,000 after purchasing an additional 112,131 shares in the last quarter. Scientech Research LLC acquired a new stake in shares of Aurora Innovation in the second quarter valued at $439,000. The Manufacturers Life Insurance Company boosted its stake in Aurora Innovation by 67.9% in the second quarter. The Manufacturers Life Insurance Company now owns 500,535 shares of the company’s stock worth $1,386,000 after purchasing an additional 202,413 shares during the period. Employees Retirement System of Texas boosted its holdings 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 in the last quarter. Finally, Xponance Inc. grew its position in Aurora Innovation by 147.4% during the second 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 period. 44.71% of shares are owned by institutional investors.

About Aurora Innovation

(Get a free report)

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on the development of Aurora Driver, a platform that brings together a suite of self-driving hardware, software and data services to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.

Featured stories

Get news and reviews for Aurora Innovation Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Aurora Innovation and related companies with MarketBeat.com’s FREE daily email newsletter.