Uber Sells $471.6M of Aurora Innovation Stock in Block Sale
AUR sits 72% above its 52-week low of $3.6.
Summary
Uber Technologies sold 72 million shares of Aurora Innovation for $471.6 million in a block sale, reducing its stake but retaining 186.5 million shares.
Key Events · Ownership and Investor Activity · AUR
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Major Shareholder Sells $471.6M Stake
Uber Technologies sold 72,000,000 shares of Aurora Innovation Class A common stock at $6.55 per share on August 17, 2026, for total proceeds of $471,600,000.
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Post-Sale Ownership Reduced
Following the transaction, Uber holds 186,473,411 shares, down from 258,473,411 shares before the sale.
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Second Major Sale in Three Months
This sale follows a $479.25 million sale of 67.5 million shares disclosed on June 4, 2026, indicating a continued reduction of Uber's position in Aurora.
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Block Sale to Financial Institution
The shares were sold to a financial institution in a block sale transaction, as reported in a Schedule 13D/A filed on August 19, 2026.
Analysis · AUR · Energy & Transportation
A major shareholder is reducing its stake in Aurora Innovation. Uber Technologies, a 10% owner, sold 72 million shares at $6.55 per share on August 17, 2026, for $471.6 million. This follows a $479.25 million sale in June 2026, indicating continued reduction of its position. The sale represents a significant divestment by a major shareholder, though Uber remains a substantial holder with 186.5 million shares post-transaction.
At the time of this filing, AUR was trading at $6.19 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $12.4B. The 52-week trading range was $3.60 to $8.57. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.