The Vanguard Group, Inc. has recently announced that it has increased stake in Aurora Innovation Inc. (NASDAQ:AUR) by 2.67%. After grabbing 32.59 million shares, the institutional investor is now in possession of 0.85 million shares of the Technology Company. The new investment brought the stake of investor firm to 4.23% having worth around $46.61 million. Moreover, Morgan Stanley Investment Managem increased its share by 1.01 million to have a control over 22.97 million shares. And Wellington Management Co. LLP raised its holdings to 4.06 million shares by acquiring 16.39 million shares or 2.13% of the stake.
Aurora Innovation Inc. (AUR) concluded trading on 05/24/23 at a closing price of $1.44, with 1.57 million shares of worth about $2.26 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.70% during that period and on Wednesday the price saw a loss of about -4.00%. Currently the company’s common shares owned by public are about 1.17B shares, out of which, 331.73M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 16 times over the past 12 months. They bought 4,511,386 shares in 6 of the transactions. In 10 selling transactions, insiders dumped 363,270 shares.
T Rowe Price Capital Appreciation, Scottish Mortgage Investment Trus, and Vanguard Total Stock Market ETF are the top 3 mutual funds which are holding stakes in Aurora Innovation Inc. T Rowe Price Capital Appreciation is currently holding 34.67 million shares of worth totaling $49.57 million. The company recently came buying 0.0 shares which brought its stake up to 4.50% of the company’s outstanding shares. Vanguard Total Stock Market ETF, after buying 10.92 million shares, have now control over 1.42% of the stake in the company. It holds 55903.0 shares of worth $15.61 million.
Aurora Innovation Inc. (NASDAQ: AUR) started trading at $1.49, below -$0.01 from concluding price of the previous day. However, the stock later moved at a day high price of 1.5200, or with a loss of -4.00%. Stock saw a price change of -2.04% in past 5 days and over the past one month there was a price change of 9.09%. Year-to-date (YTD), AUR shares are showing a performance of 19.01% which decreased to -58.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.10 but also hit the highest price of $3.50 during that period. The average intraday trading volume for Aurora Innovation Inc. shares is 1.58 million. The stock is currently trading 0.95% above its 20-day simple moving average (SMA20), while that difference is up 3.94% for SMA50 and it goes to -17.87% lower than SMA200.
The Vanguard Group, Inc. acquired 32.59 million shares of Aurora Innovation Inc. having value of about $46.61 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 0.85 million shares in the company valued at close to $1218938.4, or have control over 2.67% stake in the company. Aurora Innovation Inc. (NASDAQ: AUR) currently have 1.17B outstanding shares and institutions hold larger chunk of about 40.60% of that. Holding of mutual funds in the company is about 2.38% while other institutional holders and individual stake holders have control over 9.38% and 19.78% of the stake respectively.
The stock has a current market capitalization of $1.78B. It has posted earnings per share of -$1.61 in the same period. It has Quick Ratio of 9.50 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AUR, volatility over the week remained 7.54% while standing at 7.45% over the month.
Analysts are in expectations that Aurora Innovation Inc. (AUR) stock would likely to be making an EPS of -$0.18 in the current quarter, while forecast for next quarter EPS is -$0.18 and it is -$0.6 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.18 which is -$0.18 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.14 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -124.10% while it is estimated to increase by 14.30% in next year.
Analysts at 3 brokerage firms have issued recommendations for the Aurora Innovation Inc. (AUR)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.50. Out of those 3 Wall Street analysts, 1 recommended a “Buy” rating, while 2 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
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