Rhumbline Advisers Has $9.48 Million Stake in Aurora Innovation, Inc. $AUR

Rhumbline Advisers raised its stake in Aurora Innovation, Inc. (NASDAQ:AUR) by 1.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 1,410,036 shares of the company’s stock after buying an additional 24,584 shares during the quarter. Rhumbline Advisers’ holdings in Aurora Innovation were worth $9,482,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of AUR. CoreCap Advisors LLC raised its stake in Aurora Innovation by 15.0% in the fourth quarter. CoreCap Advisors LLC now owns 13,177 shares of the company’s stock valued at $83,000 after purchasing an additional 1,717 shares in the last quarter. United Bank lifted its position in shares of Aurora Innovation by 17.0% during the 1st quarter. United Bank now owns 13,064 shares of the company’s stock worth $88,000 after buying an additional 1,900 shares during the last quarter. Principal Financial Group Inc. grew its position in Aurora Innovation by 3.0% in the first quarter. Principal Financial Group Inc. now owns 70,652 shares of the company’s stock valued at $475,000 after acquiring an additional 2,061 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Aurora Innovation by 37.2% in the first quarter. PNC Financial Services Group Inc. now owns 7,683 shares of the company’s stock worth $52,000 after acquiring an additional 2,085 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Aurora Innovation by 147.3% in the 1st quarter. GAMMA Investing LLC now owns 5,922 shares of the company’s stock valued at $40,000 after purchasing an additional 3,527 shares in the last quarter. 44.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Aurora Innovation

In other news, Director John J. Donahoe acquired 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, with a total value of $990,255.70. Following the completion of the purchase, the director directly owned 162,337 shares of the company’s stock, valued at $990,255.70. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 11.85% of the company’s stock.

Aurora Innovation Price Performance

Shares of NASDAQ:AUR opened at $5.44 on Thursday. The firm has a 50 day simple moving average of $5.90 and a 200 day simple moving average of $6.25. The company has a market cap of $10.04 billion, a price-to-earnings ratio of -11.57 and a beta of 2.48. Aurora Innovation, Inc. has a one year low of $4.22 and a one year high of $10.77.

Aurora Innovation (NASDAQ:AUR) last announced its quarterly 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 the consensus estimate of $0.50 million. As a group, analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

Aurora Innovation 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.