Serve Robotics (NASDAQ:SERV) CEO Ali Kashani Sells 8,101 Shares of Stock

Serve Robotics Inc. (NASDAQ:SERV) CEO Ali Kashani sold 8,101 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $10.33, for a total value of $83,683.33. Following the sale, the chief executive officer owned 3,357,673 shares in the company, valued at $34,684,762.09. The trade was a 0.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• 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 transaction of $129,958.40.
• On Thursday, December 11th, Ali Kashani sold 16,730 shares of Serve Robotics stock. The shares were sold at an average price of $11.87, for a total transaction of $198,585.10.

Serve Robotics Trading Up 6.8%

Shares of SERV stock traded up $0.62 during trading hours on Friday, reaching $9.81. 577,985 shares of the stock were exchanged, compared to its average volume of 7,586,428. Serve Robotics Inc. has a 12-month low of $4.66 and a 12-month high of $23.10. The firm has a market capitalization of $730.95 million, a price-to-earnings ratio of -6.60 and a beta of 0.33. The company’s 50-day moving average price is $11.97 and its 200-day moving average price is $11.75.

Serve Robotics (NASDAQ:SERV) last released its earnings results on Wednesday, November 12th. The company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates 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. On average, sell-side analysts expect that Serve Robotics Inc. will post -0.98 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on SERV. Weiss Ratings reiterated a “sell (d-)” rating on shares of Serve Robotics in a report on Monday, December 29th. Freedom Capital upgraded shares of Serve Robotics to a “strong-buy” rating in a report on Wednesday, December 31st. Oppenheimer assumed coverage on shares of Serve Robotics in a research report on Thursday, December 18th. They issued an “outperform” rating and a $20.00 price objective on the stock. LADENBURG THALM/SH SH raised shares of Serve Robotics to a “strong-buy” rating in a research report on Thursday, December 18th. Finally, Loop Capital set a $16.00 price target on Serve Robotics in a research report on Wednesday, December 31st. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Serve Robotics presently has an average rating of “Buy” and a consensus price target of $18.80.

Institutional Investors Weigh In On Serve Robotics

Several hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC acquired a new position in Serve Robotics in the third quarter valued at approximately $27,000. CWM LLC increased its stake in shares of Serve Robotics by 514.1% during the fourth quarter. CWM LLC now owns 3,439 shares of the company’s stock worth $36,000 after purchasing an additional 2,879 shares in the last quarter. Allworth Financial LP lifted its stake in Serve Robotics by 316.7% in the 2nd quarter. Allworth Financial LP now owns 3,900 shares of the company’s stock valued at $45,000 after buying an additional 2,964 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in Serve Robotics by 166.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 4,218 shares of the company’s stock worth $49,000 after buying an additional 2,637 shares during the last quarter. Finally, Ameritas Investment Partners Inc. acquired a new position in shares of Serve Robotics during the second quarter valued at approximately $55,000.

Trending Headlines about Serve Robotics

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

• Positive Sentiment: City-level expansion potential — The City of North Vancouver is set to consider permitting food delivery robots, a possible incremental market for Serve’s service deployments and commercial partners. City of North Vancouver to consider food delivery robots
• Neutral Sentiment: Insiders still hold large stakes — although several insiders sold shares this week, filings show executives (CEO, COO, CFO, GC and others) retain multi‑hundred‑thousand to multi‑million share positions, which can be read as partial liquidity-taking rather than full loss of confidence. SEC filing example (CEO sale)
• Negative Sentiment: Significant clustered insider selling — Multiple senior executives sold shares on Feb 3–4 (CEO Ali Kashani, CFO Brian Read, COO Touraj Parang, General Counsel Evan Dunn and others). Combined sales are roughly 28,000 shares for about $290k in proceeds at prices around $10.33, which can create downward pressure and raise investor concern about timing/intent. SEC filing example (CEO sale)
• Negative Sentiment: Viral PR incident raises reputational and regulatory risk — A widely shared video of a Serve delivery robot reportedly sidestepping a homeless man in Miami drew about 3 million views and critical social commentary; negative publicity could spur calls for local restrictions or tougher rules. “Nothing right about this reality”: 3 million people watched a delivery robot sidestep a homeless man in Miami
• Negative Sentiment: Local backlash article highlights deployment headwinds — Coverage (Fast Company) on neighborhood pushback against sidewalk delivery robots underscores potential regulatory and permitting obstacles in U.S. cities, which could slow rollout and partner adoption. My neighborhood is pushing back against sidewalk delivery robots

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.