Insider Selling: Serve Robotics (NASDAQ:SERV) CEO Sells $94,164.03 in Stock

Serve Robotics Inc. (NASDAQ:SERV) CEO Ali Kashani sold 9,259 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $10.17, for a total value of $94,164.03. Following the transaction, the chief executive officer owned 3,348,414 shares in the company, valued at $34,053,370.38. This represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Ali Kashani also recently made the following trade(s):

• On Wednesday, February 4th, Ali Kashani sold 8,101 shares of Serve Robotics stock. The stock was sold at an average price of $10.33, for a total value of $83,683.33.
• On Thursday, January 8th, Ali Kashani sold 9,088 shares of Serve Robotics stock. The shares were sold at an average price of $14.30, for a total value of $129,958.40.
• On Thursday, December 11th, Ali Kashani sold 16,730 shares of Serve Robotics stock. The stock was sold at an average price of $11.87, for a total value of $198,585.10.

Serve Robotics Price Performance

SERV opened at $9.56 on Friday. The company has a market capitalization of $712.03 million, a P/E ratio of -6.42 and a beta of 0.33. The firm’s fifty day moving average price is $11.81 and its two-hundred day moving average price is $11.70. Serve Robotics Inc. has a fifty-two week low of $4.66 and a fifty-two week high of $18.64.

Serve Robotics (NASDAQ:SERV) last issued 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 analyst estimates of $0.69 million. On average, equities research analysts expect that Serve Robotics Inc. will post -0.98 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SERV has been the subject of a number of recent research reports. Freedom Capital raised Serve Robotics to a “strong-buy” rating in a report on Wednesday, December 31st. Loop Capital set a $16.00 price objective on Serve Robotics in a research note on Wednesday, December 31st. Oppenheimer started coverage on Serve Robotics in a report on Thursday, December 18th. They set an “outperform” rating and a $20.00 price objective for the company. Northland Securities restated an “outperform” rating and issued a $26.00 target price on shares of Serve Robotics in a research note on Friday, January 2nd. Finally, LADENBURG THALM/SH SH upgraded shares of Serve Robotics to a “strong-buy” rating in a research report on Thursday, December 18th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Serve Robotics has a consensus rating of “Buy” and an average price target of $18.80.

Serve Robotics News Summary

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

• Positive Sentiment: Local/regulatory coverage in Chicago highlights growing public and policy attention to delivery robots, improving awareness and the potential for accelerated deployments and city partnerships. Read More.
• Positive Sentiment: Consumer-facing coverage as delivery bots roll into Broward County normalizes the technology and can support demand for Serve’s services and pilot expansions. Read More.
• Neutral Sentiment: Head‑to‑head analysis versus peer T Stamp (IDAI) gives investors comparative context on positioning and metrics; useful for longer‑term sector allocation but not an immediate catalyst. Read More.
• Negative Sentiment: Multi‑level insider selling reported this week: CEO Ali Kashani (9,259 shares), COO Touraj Parang (3,558), CFO Brian Read (185) and other insiders (including Euan Abraham) sold stock around ~$10.17 — filings suggest incremental, planned sales but clustered exits can pressure sentiment and share price. Read More.
• Negative Sentiment: Analyst commentary and coverage highlight valuation and cash‑burn concerns (recent note points to a sizable short‑term slide and heavy losses), which could amplify selling pressure absent clearer revenue/cost milestones. Read More.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. First Trust Advisors LP bought a new stake in Serve Robotics during the 3rd quarter worth about $8,840,000. Geode Capital Management LLC grew its stake in shares of Serve Robotics by 176.0% during the second quarter. Geode Capital Management LLC now owns 878,668 shares of the company’s stock valued at $10,054,000 after purchasing an additional 560,361 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Serve Robotics by 25.2% in the third quarter. Vanguard Group Inc. now owns 2,594,869 shares of the company’s stock valued at $30,178,000 after purchasing an additional 521,945 shares in the last quarter. State Street Corp raised its position in Serve Robotics by 29.5% in the 4th quarter. State Street Corp now owns 1,245,411 shares of the company’s stock worth $12,927,000 after purchasing an additional 283,497 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Serve Robotics by 157.9% during the 2nd quarter. Bank of America Corp DE now owns 401,557 shares of the company’s stock worth $4,594,000 after buying an additional 245,858 shares in the last quarter.

About Serve Robotics

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.