Strs Ohio Buys New Holdings in Aurora Innovation, Inc. $AUR

Key Points

• Strs Ohio has made a $746,000 investment in Aurora Innovation, acquiring 110,900 shares of the company during the first quarter.
• Aurora Innovation reported $1.00 million in revenue for its last quarter, exceeding analyst expectations of $0.50 million.
• Several institutional investors have increased their stakes in Aurora, with Vanguard Group now owning 115.4 million shares valued at $776.2 million.

Strs Ohio bought a new position in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 110,900 shares of the company's stock, valued at approximately $746,000.

Several other large investors have also bought and sold shares of the stock. Acadian Asset Management LLC bought a new position in Aurora Innovation during the 1st quarter worth $1,174,000. Intech Investment Management LLC raised its position in shares of Aurora Innovation by 41.7% in the 1st quarter. Intech Investment Management LLC now owns 620,181 shares of the company's stock worth $4,171,000 after acquiring an additional 182,573 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Aurora Innovation by 6.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,046,760 shares of the company's stock worth $13,764,000 after acquiring an additional 127,953 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Aurora Innovation by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 571,737 shares of the company's stock worth $3,845,000 after acquiring an additional 25,385 shares in the last quarter. Finally, Bosun Asset Management LLC bought a new position in shares of Aurora Innovation in the 1st quarter worth about $867,000. 44.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Aurora Innovation

In other Aurora Innovation news, Director John J. Donahoe acquired 162,337 shares of the stock in a transaction dated Wednesday, August 6th. The stock was purchased at an average cost of $6.10 per share, with a total value of $990,255.70. Following the transaction, the director owned 162,337 shares in the company, valued at approximately $990,255.70. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 11.85% of the company's stock.

Aurora Innovation Stock Performance

Shares of AUR stock traded up $0.10 during mid-day trading on Friday, hitting $6.06. The company's stock had a trading volume of 33,956,855 shares, compared to its average volume of 16,251,998. The company's fifty day simple moving average is $5.99 and its 200-day simple moving average is $6.18. Aurora Innovation, Inc. has a 52 week low of $4.75 and a 52 week high of $10.77. The company has a market cap of $11.18 billion, a PE ratio of -12.89 and a beta of 2.48.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.01. The business had revenue of $1.00 million during the quarter, compared to the consensus estimate of $0.50 million. On average, equities analysts anticipate that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

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.