Serve Robotics (NASDAQ:SERV) Insider Sells $33,293.59 in Stock

Serve Robotics Inc. (NASDAQ:SERV) insider Anthony Armenta sold 3,223 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $10.33, for a total value of $33,293.59. Following the transaction, the insider owned 547,918 shares in the company, valued at $5,659,992.94. This represents a 0.58% 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.

Anthony Armenta also recently made the following trade(s):

• On Tuesday, January 13th, Anthony Armenta sold 3,893 shares of Serve Robotics stock. The stock was sold at an average price of $14.27, for a total value of $55,553.11.
• On Monday, December 15th, Anthony Armenta sold 5,003 shares of Serve Robotics stock. The stock was sold at an average price of $11.96, for a total value of $59,835.88.
• On Friday, November 14th, Anthony Armenta sold 49,082 shares of Serve Robotics stock. The shares were sold at an average price of $9.32, for a total value of $457,444.24.

Serve Robotics Trading Up 16.2%

Shares of NASDAQ SERV opened at $10.68 on Friday. The firm has a market capitalization of $795.45 million, a price-to-earnings 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 business has a fifty day simple moving average of $11.98 and a 200 day simple moving average of $11.75.

Serve Robotics (NASDAQ:SERV) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.54) earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $0.69 million. On average, research analysts anticipate that Serve Robotics Inc. will post -0.98 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Serve Robotics

A number of large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its position in Serve Robotics by 280.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 297,138 shares of the company’s stock valued at $1,709,000 after purchasing an additional 219,018 shares during the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of Serve Robotics in the second quarter valued at $240,000. Bogart Wealth LLC raised its holdings in shares of Serve Robotics by 1,230.6% in the second quarter. Bogart Wealth LLC now owns 11,975 shares of the company’s stock valued at $137,000 after buying an additional 11,075 shares during the last quarter. Next Capital Management LLC acquired a new position in Serve Robotics during the 2nd quarter worth about $188,000. Finally, Allworth Financial LP lifted its position in Serve Robotics by 316.7% during 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.

Trending Headlines about Serve Robotics

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

Analysts Set New Price Targets

A number of research analysts have commented on SERV shares. Citigroup restated an “outperform” rating on shares of Serve Robotics in a research note on Monday, October 13th. Northland Securities reissued an “outperform” rating and issued a $26.00 target price on shares of Serve Robotics in a report on Friday, January 2nd. LADENBURG THALM/SH SH raised Serve Robotics to a “strong-buy” rating in a research note on Thursday, December 18th. Oppenheimer began coverage on Serve Robotics in a research report on Thursday, December 18th. They issued an “outperform” rating and a $20.00 price target on the stock. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Serve Robotics in a research note on Monday, November 17th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $18.80.

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.