Aurora Innovation (NASDAQ:AUR) Issues Earnings Results

Aurora Innovation (NASDAQ:AUR) released its earnings results on Wednesday. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01, Zacks reports.

Aurora Innovation Trading Down 5.7 %

NASDAQ AUR traded down $0.23 on Friday, reaching $3.84. 25,613,133 shares of the stock were exchanged, compared to its average volume of 11,628,944. Aurora Innovation has a one year low of $1.60 and a one year high of $5.24. The firm has a market capitalization of $5.96 billion, a PE ratio of -6.98 and a beta of 2.76. The company’s 50-day simple moving average is $3.09 and its two-hundred day simple moving average is $2.94.

Insiders Place Their Bets

In other Aurora Innovation news, Director Reid Hoffman sold 45,600 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $3.16, for a total transaction of $144,096.00. Following the sale, the director now owns 389,694 shares in the company, valued at approximately $1,231,433.04. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 13.83% of the stock is owned by company insiders.

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.