Bouvel Investment Partners LLC Acquires Shares of 133,086 Aurora Innovation, Inc. $AUR

Key Points

• Bouvel Investment Partners LLC has acquired a new stake in Aurora Innovation, purchasing 133,086 shares valued at approximately $697,000.
• Director John J. Donahoe bought 162,337 shares in August, increasing his ownership and spending around $990,256 on the transaction.
• Aurora Innovation reported a quarterly earnings beat with a revenue of $1.00 million, surpassing analysts' expectations of $0.50 million.

Bouvel Investment Partners LLC acquired a new position in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 133,086 shares of the company's stock, valued at approximately $697,000.

A number of other large investors have also recently made changes to their positions in the business. Farther Finance Advisors LLC grew its position in shares of Aurora Innovation by 463.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 7,616 shares of the company's stock worth $40,000 after buying an additional 6,264 shares during the last quarter. Clare Market Investments LLC grew its position in shares of Aurora Innovation by 17.8% in the 2nd quarter. Clare Market Investments LLC now owns 813,133 shares of the company's stock worth $4,261,000 after buying an additional 122,575 shares during the last quarter. Legacy Financial Strategies LLC bought a new stake in shares of Aurora Innovation in the 2nd quarter worth approximately $55,000. Focus Financial Network Inc. bought a new stake in shares of Aurora Innovation in the 2nd quarter worth approximately $62,000. Finally, Breakwater Capital Group grew its position in shares of Aurora Innovation by 12.8% in the 2nd quarter. Breakwater Capital Group now owns 87,482 shares of the company's stock worth $458,000 after buying an additional 9,900 shares during the last quarter. 44.71% of the stock is currently owned by institutional investors.

Aurora Innovation Trading Up 3.3%

Shares of AUR stock traded up $0.20 during trading hours on Tuesday, reaching $6.18. The company's stock had a trading volume of 14,501,374 shares, compared to its average volume of 19,351,176. The stock has a market capitalization of $11.39 billion, a P/E ratio of -13.14 and a beta of 2.48. The firm's fifty day simple moving average is $5.99 and its 200 day simple moving average is $6.17. Aurora Innovation, Inc. has a one year low of $4.75 and a one year high of $10.77.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.01. The firm had revenue of $1.00 million during the quarter, compared to analysts' expectations of $0.50 million. As a group, equities research analysts forecast that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

Insider Activity at Aurora Innovation

In other news, Director John J. Donahoe bought 162,337 shares of the stock in a transaction dated Wednesday, August 6th. The stock was bought at an average price of $6.10 per share, for a total transaction of $990,255.70. Following the purchase, the director directly owned 162,337 shares in the company, valued at $990,255.70. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.85% of the stock is currently owned by insiders.

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.