Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) insider Euan Abraham sold 3,284 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $10.33, for a total value of $33,923.72. Following the transaction, the insider directly owned 238,412 shares of the company’s stock, valued at $2,462,795.96. This represents a 1.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Euan Abraham also recently made the following trade(s):
- On Thursday, January 8th, Euan Abraham sold 1,171 shares of Serve Robotics stock. The stock was sold at an average price of $14.30, for a total transaction of $16,745.30.
- On Thursday, December 11th, Euan Abraham sold 1,917 shares of Serve Robotics stock. The shares were sold at an average price of $11.87, for a total transaction of $22,754.79.
Serve Robotics Price Performance
NASDAQ:SERV opened at $10.68 on Friday. The firm has a market capitalization of $795.45 million, a P/E ratio of -7.17 and a beta of 0.33. Serve Robotics Inc. has a one year low of $4.66 and a one year high of $23.10. The company’s 50-day simple moving average is $11.98 and its 200 day simple moving average is $11.75.
Institutional Trading of Serve Robotics
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in shares of Serve Robotics in the third quarter worth $27,000. EverSource Wealth Advisors LLC grew its holdings in Serve Robotics by 299.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,192 shares of the company’s stock valued at $33,000 after buying an additional 2,392 shares in the last quarter. CWM LLC grew its holdings in shares of Serve Robotics by 514.1% in the fourth quarter. CWM LLC now owns 3,439 shares of the company’s stock valued at $36,000 after purchasing an additional 2,879 shares in the last quarter. Allworth Financial LP grew its stake in shares of Serve Robotics by 316.7% in the 2nd quarter. Allworth Financial LP now owns 3,900 shares of the company’s stock worth $45,000 after buying an additional 2,964 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its stake in Serve Robotics by 166.8% during the third quarter. SBI Securities Co. Ltd. now owns 4,218 shares of the company’s stock worth $49,000 after acquiring an additional 2,637 shares during the last quarter.
Serve Robotics News Roundup
Here are the key news stories impacting Serve Robotics this week:
- Positive Sentiment: City-level expansion potential — North Vancouver is set to consider permitting food-delivery robots, which could open an incremental deployment market and support revenue growth if adopted by more municipalities and partners. City of North Vancouver to consider food delivery robots
- Positive Sentiment: Analyst sentiment remains constructive — Multiple firms maintain Buy/Strong Buy ratings and MarketBeat shows a consensus price target (about $18.80), which supports upside potential relative to the current share price. MarketBeat: SERV stock page
- Neutral Sentiment: Insiders still retain substantial stakes — Executives including the CEO, COO and CFO have completed sales but continue to hold large multi‑hundred‑thousand to multi‑million share positions, suggesting these trades may be partial liquidity rather than full loss of conviction. SEC filing example (CEO sale)
- Negative Sentiment: Clustered insider selling — Several senior executives (CEO, CFO, COO, GC and others) sold shares on Feb 3–4, totaling roughly ~28,000 shares and about $290k at ~ $10.33. Concentrated sales by leadership can create downward pressure and prompt investor questions about timing/intent. SEC filing example (CEO sale)
- Negative Sentiment: Viral PR incident raises reputational risk — A widely shared video of a Serve delivery robot allegedly sidestepping a homeless person in Miami drew ~3M views and criticism; negative publicity can accelerate calls for restrictions and hurt partner relations. “Robot sidesteps homeless man” article
- Negative Sentiment: Local backlash story underscores deployment headwinds — Coverage on neighborhood pushback (Fast Company) highlights potential regulatory and permitting obstacles that could slow rollouts and increase compliance costs. Fast Company: neighborhood pushback on delivery robots
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Citigroup reaffirmed an “outperform” rating on shares of Serve Robotics in a research report on Monday, October 13th. Loop Capital set a $16.00 target price on shares of Serve Robotics in a report on Wednesday, December 31st. Cantor Fitzgerald reiterated an “overweight” rating on shares of Serve Robotics in a report on Monday, November 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Serve Robotics in a research report on Monday, December 29th. Finally, Oppenheimer initiated coverage on Serve Robotics in a research report on Thursday, December 18th. They issued an “outperform” rating and a $20.00 price objective on the stock. 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. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $18.80.
View Our Latest Research Report on SERV
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.
Featured Stories
- Five stocks we like better than Serve Robotics
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- Your Bank Account Is No Longer Safe
- Buy this stock tomorrow?
Receive News & Ratings for Serve Robotics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serve Robotics and related companies with MarketBeat.com's FREE daily email newsletter.
