Serve Robotics (NASDAQ:SERV) CFO Brian Read Sells 4,748 Shares

Serve Robotics Inc. (NASDAQ:SERV) CFO Brian Read sold 4,748 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $15.81, for a total transaction of $75,065.88. Following the transaction, the chief financial officer directly owned 330,588 shares in the company, valued at $5,226,596.28. The trade was a 1.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Brian Read also recently made the following trade(s):

• On Wednesday, December 31st, Brian Read sold 1,863 shares of Serve Robotics stock. The shares were sold at an average price of $10.37, for a total value of $19,319.31.
• On Friday, December 12th, Brian Read sold 6,700 shares of Serve Robotics stock. The shares were sold at an average price of $13.15, for a total value of $88,105.00.
• On Thursday, December 11th, Brian Read sold 371 shares of Serve Robotics stock. The stock was sold at an average price of $11.87, for a total value of $4,403.77.
• On Thursday, December 4th, Brian Read sold 7,500 shares of Serve Robotics stock. The stock was sold at an average price of $13.05, for a total value of $97,875.00.
• On Tuesday, December 2nd, Brian Read sold 2,057 shares of Serve Robotics stock. The shares were sold at an average price of $9.82, for a total value of $20,199.74.
• On Thursday, October 30th, Brian Read sold 1,270 shares of Serve Robotics stock. The shares were sold at an average price of $13.32, for a total value of $16,916.40.

Serve Robotics Price Performance

Shares of SERV opened at $14.71 on Friday. The stock has a market capitalization of $1.10 billion, a PE ratio of -9.87 and a beta of 0.27. The business’s fifty day moving average price is $11.01 and its 200 day moving average price is $11.53. Serve Robotics Inc. has a 12-month low of $4.66 and a 12-month high of $23.10.

Serve Robotics (NASDAQ:SERV) last released its earnings results on Wednesday, November 12th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.17). Serve Robotics had a negative net margin of 4,121.58% and a negative return on equity of 38.52%. The business had revenue of $0.69 million for the quarter, compared to the consensus estimate of $0.69 million. As a group, research analysts anticipate that Serve Robotics Inc. will post -0.98 earnings per share for the current fiscal year.

Serve Robotics News Summary

Here are the key news stories impacting Serve Robotics this week:

• Positive Sentiment: Zacks says Serve’s partnership with DoorDash could be transformative — broadening demand, improving robot utilization and unit economics as Serve pushes toward scalable growth. This frames the DoorDash tie-up as a key revenue/efficiency catalyst. Read More.
• Positive Sentiment: The Motley Fool highlights continued Wall Street buy ratings and public praise from Nvidia CEO Jensen Huang at CES 2026 — positive sentiment that can support multiple re-rating paths (market share, tech partnerships, investor interest). Read More.
• Positive Sentiment: Unusually heavy call-option activity — roughly 40,038 calls traded (about +52% vs. average) — indicates speculative bullish positioning or hedging by traders anticipating upside. This can amplify short-term price moves if buys continue. (no article link available)
• Negative Sentiment: CEO Ali Kashani sold 9,088 shares at an average of $14.30 (0.27% reduction in his holding). Insider sales by the CEO can be read as signal-raising for some investors. Read More.
• Negative Sentiment: COO Touraj Parang sold 4,008 shares at an average of $14.30 (0.30% reduction). Multiple senior-exec sales on the same day increase perceived downside pressure. Read More.
• Negative Sentiment: Insider Euan Abraham sold 1,171 shares at $14.30 (0.48% reduction). Smaller sale but adds to the cluster of insider dispositions. Read More.
• Negative Sentiment: CFO Brian Read sold 4,748 shares at an average price of $15.81 (1.42% reduction). A CFO sale at a higher average price can attract particular attention from investors. Read More.

Institutional Trading of Serve Robotics

Hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Serve Robotics by 616.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 679,014 shares of the company’s stock worth $3,972,000 after acquiring an additional 584,302 shares during the period. Bulltick Wealth Management LLC acquired a new stake in Serve Robotics in the 2nd quarter valued at about $355,000. Vontobel Holding Ltd. bought a new position in shares of Serve Robotics during the 2nd quarter valued at about $240,000. Exchange Traded Concepts LLC grew its stake in shares of Serve Robotics by 12.9% in the 2nd quarter. Exchange Traded Concepts LLC now owns 996,283 shares of the company’s stock worth $11,397,000 after purchasing an additional 113,761 shares during the last quarter. Finally, DNB Asset Management AS grew its stake in shares of Serve Robotics by 163.6% in the 2nd quarter. DNB Asset Management AS now owns 69,737 shares of the company’s stock worth $798,000 after purchasing an additional 43,284 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SERV. Freedom Capital raised Serve Robotics to a “strong-buy” rating in a report on Wednesday, December 31st. Citigroup restated an “outperform” rating on shares of Serve Robotics in a research report on Monday, October 13th. Oppenheimer initiated coverage on Serve Robotics in a research note on Thursday, December 18th. They set an “outperform” rating and a $20.00 price objective for the company. Loop Capital set a $16.00 target price on Serve Robotics in a research report on Wednesday, December 31st. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Serve Robotics in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Serve Robotics has an average rating of “Moderate Buy” and a consensus target price of $18.80.

Serve Robotics Company Profile

Serve Robotics develops and operates autonomous sidewalk delivery robots designed to transform last-mile logistics for restaurants, retailers and grocery brands. By combining proprietary hardware, sensor suites and dispatch software, the company enables on-demand deliveries of food, beverages and consumer goods while minimizing reliance on traditional vehicle fleets.

The core Serve robot integrates four-wheeled mobility, LiDAR and vision cameras with AI-driven navigation algorithms to detect obstacles, traverse urban sidewalks and interact safely with pedestrians.