Insider Selling: Serve Robotics (NASDAQ:SERV) CEO Sells $131,220.00 in Stock

Serve Robotics Inc. (NASDAQ:SERV) CEO Ali Kashani sold 13,500 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $9.72, for a total value of $131,220.00. Following the completion of the transaction, the chief executive officer owned 3,334,914 shares in the company, valued at approximately $32,415,364.08. This represents a 0.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, February 11th, Ali Kashani sold 9,259 shares of Serve Robotics stock. The shares were sold at an average price of $10.17, for a total transaction of $94,164.03.
• On Wednesday, February 4th, Ali Kashani sold 8,101 shares of Serve Robotics stock. The shares were sold at an average price of $10.33, for a total transaction of $83,683.33.
• On Thursday, January 8th, Ali Kashani sold 9,088 shares of Serve Robotics stock. The stock was 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 stock was sold at an average price of $11.87, for a total transaction of $198,585.10.

Serve Robotics Trading Down 5.0%

Serve Robotics stock opened at $9.12 on Friday. The firm has a market capitalization of $679.26 million, a price-to-earnings ratio of -5.74 and a beta of 0.90. The firm’s fifty day moving average price is $11.28 and its two-hundred day moving average price is $11.64. Serve Robotics Inc. has a 1-year low of $4.66 and a 1-year high of $18.64.

Serve Robotics (NASDAQ:SERV) last posted its earnings results on Wednesday, March 11th. The company reported ($0.46) EPS for the quarter, topping the consensus estimate of ($0.49) by $0.03. Serve Robotics had a negative net margin of 3,821.98% and a negative return on equity of 43.36%. The company had revenue of $0.88 million during the quarter, compared to the consensus estimate of $0.77 million. On average, research analysts forecast that Serve Robotics Inc. will post -0.98 EPS for the current year.

Key Stories Impacting Serve Robotics

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

• Positive Sentiment: New merchant expansion — Serve launched autonomous White Castle deliveries via Uber Eats in its operating areas, broadening merchant mix and increasing potential order density and retailer distribution. Serve Robotics partners with White Castle
• Positive Sentiment: Earnings beat and raised 2026 revenue guidance — Q4 revenue edged past expectations and management raised 2026 revenue guidance to $26M, improving near‑term growth visibility versus prior forecasts. Serve Robotics’ Stock Up Despite Q4 Loss
• Positive Sentiment: Fleet scale — Management says ~2,000 robots are active across ~20 cities and the company is adding merchant integrations and acquisitions that expand addressable markets (sidewalk + indoor). Scale execution could drive revenue if utilization rises. Serve Robotics Q4 2025 Earnings Transcript
• Neutral Sentiment: Analyst and institutional activity — Multiple firms maintain buy/outperform views and some institutions have added positions, supporting liquidity and longer‑term sentiment but not eliminating execution risk. Analyst coverage and sentiment
• Neutral Sentiment: Earnings call detail — Management highlighted product roadmaps (indoor/hospital robots) and partnerships; useful for the long term but dependent on successful rollout. Q4 earnings call summary
• Negative Sentiment: New risk disclosure on AI use — The company flagged expanding reliance on AI/generative AI as a Technology risk (cybersecurity, compliance and financial implications), which can raise compliance costs and liability concerns for investors. AI risk disclosure
• Negative Sentiment: Insider selling — Recent Form 4 filings show insiders selling shares (including a disclosed sale of 1,390 shares), which markets often view as a near‑term negative signal. Insider selling report
• Negative Sentiment: Execution, revenue and cash‑burn concerns — Critics note Q4 revenue remains small (~$0.9M) relative to a 2,000‑robot fleet, guidance ($26M) is well below earlier implied targets, and planned CapEx/funding needs raise dilution and cash‑burn risks. This critique likely weighs on valuation multiples and investor confidence. Seeking Alpha critique

Analysts Set New Price Targets

A number of analysts have commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Serve Robotics in a report on Monday, December 29th. LADENBURG THALM/SH SH upgraded Serve Robotics to a “strong-buy” rating in a report on Thursday, December 18th. Freedom Capital raised Serve Robotics to a “strong-buy” rating in a research report on Wednesday, December 31st. Loop Capital set a $16.00 price target on Serve Robotics in a report on Wednesday, December 31st. Finally, Northland Securities reissued an “outperform” rating and issued a $26.00 price target on shares of Serve Robotics in a research report on Friday, January 2nd. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $18.80.

Institutional Investors Weigh In On Serve Robotics

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in shares of Serve Robotics during the 3rd quarter worth approximately $27,000. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Serve Robotics in the 4th quarter worth approximately $31,000. Quadrant Capital Group LLC bought a new position in shares of Serve Robotics in the fourth quarter valued at approximately $31,000. EverSource Wealth Advisors LLC grew its holdings in shares of Serve Robotics by 299.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,192 shares of the company’s stock valued at $33,000 after acquiring an additional 2,392 shares in the last quarter. Finally, CWM LLC increased its position in shares of Serve Robotics by 514.1% during the fourth quarter. CWM LLC now owns 3,439 shares of the company’s stock valued at $36,000 after acquiring an additional 2,879 shares during 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.