Serve Robotics (NASDAQ:SERV) CEO Ali Kashani Sells 45,158 Shares

Posted by Chris Copeland on Aug 20th, 2026

Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) CEO Ali Kashani sold 45,158 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $4.56, for a total transaction of $205,920.48. Following the sale, the chief executive officer directly owned 3,232,933 shares in the company, valued at $14,742,174.48. The trade was a 1.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

On Wednesday, June 10th, Ali Kashani sold 15,885 shares of Serve Robotics stock. The shares were sold at an average price of $7.24, for a total value of $115,007.40.

Serve Robotics Stock Performance

Shares of Serve Robotics stock opened at $4.78 on Thursday. The company has a 50-day simple moving average of $5.72 and a two-hundred day simple moving average of $7.96. Serve Robotics Inc. has a 52-week low of $4.32 and a 52-week high of $18.64. The stock has a market capitalization of $414.47 million, a PE ratio of -1.95 and a beta of 1.34.

Serve Robotics (NASDAQ:SERV – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.69) by ($0.11). The company had revenue of $3.24 million for the quarter, compared to analysts’ expectations of $3.51 million. Serve Robotics had a negative net margin of 2,315.80% and a negative return on equity of 55.34%. As a group, equities research analysts forecast that Serve Robotics Inc. will post -2.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Cantor Fitzgerald lowered Serve Robotics from an “overweight” rating to a “neutral” rating in a research note on Friday, August 7th. Oppenheimer decreased their price objective on Serve Robotics from $20.00 to $7.00 and set an “outperform” rating on the stock in a research report on Friday, August 7th. Weiss Ratings upgraded Serve Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Guggenheim cut their target price on Serve Robotics from $13.00 to $7.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Finally, Freedom Capital upgraded Serve Robotics from a “hold” rating to a “strong-buy” rating in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Serve Robotics presently has an average rating of “Moderate Buy” and an average target price of $14.80.

Read Our Latest Stock Report on SERV

Institutional Trading of Serve Robotics

Institutional investors have recently modified their holdings of the company. Wedbush Securities Inc. boosted its position in shares of Serve Robotics by 52.7% in the 2nd quarter. Wedbush Securities Inc. now owns 31,130 shares of the company’s stock worth $205,000 after purchasing an additional 10,750 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Serve Robotics by 13.8% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 114,835 shares of the company’s stock worth $756,000 after purchasing an additional 13,965 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Serve Robotics in the 2nd quarter valued at $955,000. Jupiter Topco LLC acquired a new position in shares of Serve Robotics in the second quarter valued at about $187,000. Finally, EFG International AG purchased a new position in Serve Robotics during the 2nd quarter worth approximately $76,000.

More Serve Robotics News

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

Positive Sentiment: Serve Robotics announced that it will deploy autonomous delivery robots through Grubhub, giving the company another commercial distribution channel and potentially expanding robot utilization. Serve Robotics to deploy its autonomous delivery robots with Grubhub
Neutral Sentiment: The broader rollout of delivery robots suggests continued growth potential for the autonomous delivery market, but increased competition and the need to prove sustainable demand remain important risks for Serve Robotics. More delivery robots are heading to sidewalks near you
Negative Sentiment: Investor reaction has focused on Serve Robotics cutting its guidance, with the negative outlook overshadowing enthusiasm about the Grubhub deal. The company also lost its Uber Eats relationship, increasing uncertainty around customer growth and near-term revenue. Serve Robotics Sinks as Guidance Cut Overshadows Grubhub Deal Serve Robotics Turns to Grubhub After Losing Uber Eats Deal
Negative Sentiment: CEO Ali Kashani, executive Touraj Parang and CFO Brian Read reported multiple stock sales totaling roughly 124,000 shares during August. The filings state the transactions were used to cover tax withholding tied to vested restricted stock units, and the executives retained substantial holdings; nevertheless, the cluster of sales can create a negative short-term sentiment signal. Serve Robotics CEO Sells Shares to Cover RSU Tax Withholding Serve Robotics Executive Executes Two Stock Sales

About Serve Robotics

(Get Free Report)

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.