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Aurora Innovation Inc (AUR) – Don’t Believe the Hype: Check The Facts

Aurora Innovation Inc (NASDAQ: AUR) is -4.12% lower on its value in year-to-date trading and has touched a low of $1.60 and a high of $5.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AUR stock was last observed hovering at around $4.26 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $4.19, the stock is 8.66% and 13.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.1 million and changing -1.64% at the moment leaves the stock 36.07% off its SMA200. AUR registered 30.94% gain for a year compared to 6-month gain of 82.97%.

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The stock witnessed a 9.54% loss in the last 1 month and extending the period to 3 months gives it a 97.64%, and is -0.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.11% over the week and 8.37% over the month.

Aurora Innovation Inc (AUR) has around 1800 employees, a market worth around $7.06B and $0.00M in sales. Distance from 52-week low is 161.87% and -20.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.17%).

The EPS is expected to grow by 12.18% this year

255.0 institutions hold shares in Aurora Innovation Inc (AUR), with institutional investors hold 83.14% of the company’s shares. The shares outstanding are 1.16B, and float is at 884.91M with Short Float at 11.82%. Institutions hold 59.08% of the Float.

The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 178.54 million shares valued at $494.56 million. The investor’s holdings represent 11.6163 of the AUR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 92.18 million shares valued at $255.35 million to account for 5.9976 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 83.31 million shares representing 5.4206 and valued at over $230.78 million, while BAILLIE GIFFORD & CO holds 4.713 of the shares totaling 72.44 million with a market value of $200.65 million.

Aurora Innovation Inc (AUR) Insider Activity

The most recent transaction is an insider sale by Hoffman Reid, the company’s Director. SEC filings show that Hoffman Reid sold 45,600 shares of the company’s common stock on May 15 ’24 at a price of $3.16 per share for a total of $0.14 million. Following the sale, the insider now owns 0.39 million shares.

Aurora Innovation Inc disclosed in a document filed with the SEC on May 14 ’24 that Hoffman Reid (Director) sold a total of 1,013,781 shares of the company’s common stock. The trade occurred on May 14 ’24 and was made at $3.09 per share for $3.13 million. Following the transaction, the insider now directly holds 0.39 million shares of the AUR stock.

Still, SEC filings show that on May 13 ’24, Hoffman Reid (Director) disposed off 338,000 shares at an average price of $3.19 for $1.08 million. The insider now directly holds 442,663 shares of Aurora Innovation Inc (AUR).

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