Aurora Innovation (NASDAQ:AUR) Sets New 1-Year High at $5.31

Aurora Innovation, Inc. (NASDAQ:AUR) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $5.31 and last traded at $5.09, with a volume of 202490 shares traded. The stock had previously closed at $5.22.

Aurora Innovation Stock Down 4.4 %

The business’s 50 day simple moving average is $4.14 and its 200 day simple moving average is $3.20. The stock has a market cap of $7.83 billion, a price-to-earnings ratio of -9.49 and a beta of 2.78.

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

Hedge Funds Weigh In On Aurora Innovation

Several institutional investors and hedge funds have recently modified their holdings of the business. Parallel Advisors LLC lifted its position 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 valued at $31,000 after acquiring an additional 3,400 shares during the period. Nisa Investment Advisors LLC lifted its position in Aurora Innovation by 32.0% during the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company’s stock worth $54,000 after purchasing an additional 4,702 shares during the period. Empowered Funds LLC grew its stake in Aurora Innovation by 44.1% during the first quarter. Empowered Funds LLC now owns 17,597 shares of the company’s stock worth $50,000 after buying an additional 5,386 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Aurora Innovation by 8.1% in the 2nd quarter. Victory Capital Management Inc. now owns 102,199 shares of the company’s stock valued at $283,000 after buying an additional 7,624 shares during the period. Finally, American International Group Inc. raised its position in shares of Aurora Innovation by 4.6% in the 1st quarter. American International Group Inc. now owns 176,045 shares of the company’s stock valued at $496,000 after buying an additional 7,773 shares in the last quarter. 44.71% of the stock is currently owned by institutional investors and hedge funds.

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.