Public Employees Retirement Association of Colorado Buys New Position in Aurora Innovation, Inc. (NASDAQ:AUR)

Public Employees Retirement Association of Colorado purchased a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) during the 2nd quarter, HoldingsChannel reports. The firm purchased 77,224 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds have also added to or reduced their stakes in AUR. Baillie Gifford & Co. boosted its stake in shares of Aurora Innovation by 78.4% during the 2nd quarter. Baillie Gifford & Co. now owns 72,438,562 shares of the company’s stock valued at $200,655,000 after purchasing an additional 31,841,994 shares in the last quarter. Vanguard Group Inc. boosted its position in Aurora Innovation by 5.9% during the 4th quarter. Vanguard Group Inc. now owns 83,516,588 shares of the company’s stock valued at $364,967,000 after acquiring an additional 4,625,559 shares in the last quarter. Foxhaven Asset Management LP purchased a new position in shares of Aurora Innovation during the 4th quarter worth approximately $19,123,000. Cadian Capital Management LP bought a new position in shares of Aurora Innovation in the 4th quarter worth approximately $17,914,000. Finally, Bank of New York Mellon Corp raised its position in shares of Aurora Innovation by 273.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,190,426 shares of the company’s stock worth $14,377,000 after acquiring an additional 3,800,901 shares in the last quarter. 44.71% of the stock is owned by hedge funds and other institutional investors.

Aurora Innovation Stock Up 2.8 %

NASDAQ AUR opened at $5.96 on Monday. The firm has a market capitalization of $9.25 billion, a PE ratio of -10.84 and a beta of 2.78. The stock’s 50 day moving average is $4.31 and its 200 day moving average is $3.35. Aurora Innovation, Inc. has a twelve month low of $1.60 and a twelve month high of $6.79.

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

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.