Aurora Innovation, Inc. (NASDAQ:AUR) Position Boosted by Rhumbline Advisers

Rhumbline Advisers increased its holdings in Aurora Innovation, Inc. (NASDAQ:AUR) by 114.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,160,176 shares of the company’s stock after buying an additional 619,791 shares during the quarter. Rhumbline Advisers’ holdings in Aurora Innovation were worth $3,214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AUR. Charles Schwab Investment Management Inc. lifted its position in Aurora Innovation by 7.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,171,940 shares of the company’s stock worth $22,601,000 after purchasing an additional 353,301 shares during the period. Vanguard Group Inc. lifted its position in shares of Aurora Innovation by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 84,784,550 shares of the company’s stock valued at $239,092,000 after acquiring an additional 1,267,962 shares during the last quarter. Cadian Capital Management LP acquired a new stake in shares of Aurora Innovation during the 4th quarter valued at $17,914,000. Empowered Funds LLC lifted its position in shares of Aurora Innovation by 44.1% during the 1st quarter. Empowered Funds LLC now owns 17,597 shares of the company’s stock valued at $50,000 after acquiring an additional 5,386 shares during the last quarter. Finally, Foxhaven Asset Management LP acquired a new stake in shares of Aurora Innovation during the 4th quarter valued at $19,123,000. 44.71% of the stock is owned by institutional investors.

Aurora Innovation Stock Performance

Shares of NASDAQ:AUR opened at $4.76 on Wednesday. The stock has a fifty day moving average of $4.07 and a 200-day moving average of $3.17. Aurora Innovation, Inc. has a one year low of $1.60 and a one year high of $5.24. The company has a market capitalization of $7.47 billion, a PE ratio of -8.65 and a beta of 2.78.

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

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.