In the last trading session, 4.37 million Aurora Innovation Inc (NASDAQ:AUR) shares changed hands as the company’s beta touched 2.88. With the company’s per share price at $2.34 changed hands at -$0.05 or -2.09% during last session, the market valuation stood at $3.59B. AUR’s last price was a discount, traded about -105.56% off its 52-week high of $4.81. The share price had its 52-week low at $1.18, which suggests the last value was 49.57% up since then. When we look at Aurora Innovation Inc’s average trading volume, we note the 10-day average is 8.05 million shares, with the 3-month average coming to 6.39 million.
Aurora Innovation Inc (NASDAQ:AUR) trade information
Instantly AUR was in red as seen at the end of in last trading. With action 4.46%, the performance over the past five days has been green. The drop to weekly highs of 2.56 subtracted -2.09% to the stock’s daily price. The company’s shares are showing year-to-date downside of -46.45%, with the 5-day performance at 4.46% in the green. However, in the 30-day time frame, Aurora Innovation Inc (NASDAQ:AUR) is -8.24% down. Looking at the short shares, we see there were 48.32 million shares sold at short interest cover period of 7.53 days.
Aurora Innovation Inc (AUR) estimates and forecasts
Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Aurora Innovation Inc will rise 17.60%, while the growth in revenue is estimated to hit 16.70% for the next quarter.
The 2024 estimates are for Aurora Innovation Inc earnings to increase by 1.54%.
AUR Dividends
Aurora Innovation Inc is expected to release its next quarterly earnings report between May 03 and May 07.
Aurora Innovation Inc (NASDAQ:AUR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 33.43% of Aurora Innovation Inc shares while 60.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.30%. There are 60.12% institutions holding the Aurora Innovation Inc stock share, with T. Rowe Price Investment Management, Inc. the top institutional holder. As of Jun 29, 2023, the company held 4.98% of the shares, roughly 53.99 million AUR shares worth $158.75 million.
Vanguard Group Inc holds the second largest percentage of outstanding shares, with 4.20% or 45.54 million shares worth $133.9 million as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were Price (T.Rowe) Capital Appreciation Fund and Vanguard Total Stock Market Index Fund. With 34.67 million shares estimated at $101.92 million under it, the former controlled 3.20% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.21% of the shares, roughly 13.15 million shares worth around $38.66 million.
