Is Aurora Innovation Inc (NASDAQ: AUR) a smart move or a risky gamble for your portfolio?

In the latest trading session, 1.66 million Aurora Innovation Inc (NASDAQ:AUR) shares changed hands as the company’s beta touched 2.83. With the company’s most recent per share price at $6.85 changed hands at -$0.34 or -4.77% at last look, the market valuation stands at $11.78B. AUR’s current price is a discount, trading about -23.21% off its 52-week high of $8.44. The share price had its 52-week low at $2.10, which suggests the last value was 69.34% up since then. When we look at Aurora Innovation Inc’s average trading volume, we note the 10-day average is 12.2 million shares, with the 3-month average coming to 11.02 million.

Aurora Innovation Inc (NASDAQ:AUR) trade information

Instantly AUR was in red as seen in intraday trades today. With action -14.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 56.68%, with the 5-day performance at -14.30% in the red. However, in the 30-day time frame, Aurora Innovation Inc (NASDAQ:AUR) is 15.27% up. Looking at the short shares, we see there were 76.13 million shares sold at short interest cover period of 6.03 days.

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Aurora Innovation Inc (AUR) estimates and forecasts

Data shows that the Aurora Innovation Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 177.21% over the past 6 months, a 21.67% in annual growth rate that is considerably higher than the industry average of 16.10%.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 200k. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.

The 2024 estimates are for Aurora Innovation Inc earnings to increase by 23.33%.

AUR Dividends

Aurora Innovation Inc is expected to release its next quarterly earnings report in January.

Aurora Innovation Inc (NASDAQ:AUR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 25.12% of Aurora Innovation Inc shares while 68.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 91.36%. There are 68.41% institutions holding the Aurora Innovation Inc stock share, with T. ROWE PRICE INVESTMENT MANAGEMENT, INC. the top institutional holder. As of 2024-06-30, the company held 11.6163% of the shares, roughly 178.54 million AUR shares worth $494.56 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.9976% or 92.18 million shares worth $255.35 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Price (T.Rowe) Capital Appreciation Fund and Growth Fund of America Inc. With 134.85 shares estimated at $918.97 million under it, the former controlled 9.98% of total outstanding shares. On the other hand, Growth Fund of America Inc held about 2.53% of the shares, roughly 34.24 shares worth around $233.36 million.