Serve Robotics (NASDAQ:SERV) Trading Down 9.3% After Insider Selling

Serve Robotics Inc. (NASDAQ:SERV)’s stock price dropped 9.3% during mid-day trading on Thursday after an insider sold shares in the company. The company traded as low as $9.77 and last traded at $9.6560. Approximately 1,805,378 shares traded hands during trading, a decline of 69% from the average daily volume of 5,900,592 shares. The stock had previously closed at $10.65.

Specifically, CEO Ali Kashani sold 13,500 shares of Serve Robotics stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $9.72, for a total transaction of $131,220.00. Following the sale, the chief executive officer owned 3,334,914 shares of the company’s stock, valued at approximately $32,415,364.08. The trade was a 0.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Touraj Parang sold 3,922 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $9.72, for a total value of $38,121.84. Following the completion of the transaction, the chief operating officer directly owned 1,316,205 shares of the company’s stock, valued at $12,793,512.60. This trade represents a 0.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SERV. LADENBURG THALM/SH SH raised shares of Serve Robotics to a “strong-buy” rating in a research note on Thursday, December 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Serve Robotics in a research note on Monday, December 29th. Northland Securities reaffirmed an “outperform” rating and set a $26.00 price objective on shares of Serve Robotics in a research note on Friday, January 2nd. Oppenheimer initiated coverage on shares of Serve Robotics in a research note on Thursday, December 18th. They set an “outperform” rating and a $20.00 target price on the stock. Finally, Freedom Capital raised Serve Robotics to a “strong-buy” rating in a research report on Wednesday, December 31st. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $18.80.

Key Serve Robotics News

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

• Positive Sentiment: Q4 results beat and management raised FY‑2026 revenue guidance to $26M, which topped street expectations and helped lift sentiment. Serve Robotics Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: New merchant partnership: Serve launched autonomous White Castle deliveries via Uber Eats, expanding its merchant mix and consumer use cases (adds to existing DoorDash & Uber Eats relationships). Serve Robotics and White Castle Launch Autonomous Delivery via Uber Eats
• Positive Sentiment: Scale milestones: Serve says it ended 2025 with ~2,000 robots deployed across ~20 cities, 4,500+ merchant partners and completed strategic acquisitions (including Diligent Robotics) that broaden addressable markets. These operational updates support the revenue guidance path. Serve Robotics Q4 2025 Earnings Transcript
• Positive Sentiment: Market dynamics: high short interest and elevated call‑option activity have amplified the price move and created short‑squeeze potential after the better‑than‑expected report. That technical pressure can accelerate rallies. SERV Robotics Delivers Catalyst for Short-Squeeze
• Neutral Sentiment: Institutional/analyst context — several firms have recently issued bullish coverage and price targets above current levels; institutions have been adding shares, which supports liquidity but doesn’t guarantee sustained fundamentals. Serve Robotics Up 13%: NVIDIA Loves It, Analysts See 67% More Upside
• Neutral Sentiment: Management commentary and interviews (CEO earnings interview/transcript) provide color on expansion plans and new verticals (hospitals/indoor robots) but require execution to translate into material revenue. Serve Robotics CEO on White Castle Partnership & AI Expansion into Hospitals
• Negative Sentiment: Insider selling: multiple recent Form 4 filings show executives (including the CEO, COO and CFO) selling shares, which some investors view as a negative signal about near‑term conviction. SEC Form 4 (CEO sale)
• Negative Sentiment: Execution & profitability concerns: critics note Q4 revenue remains small (~$0.9M) relative to fleet size and management’s $26M guidance is well below earlier implied targets — plus planned CapEx (~$25M) is roughly equal to projected 2026 revenue, raising cash‑burn, dilution and execution risk. Serve Robotics: Immaterial Progress

Serve Robotics Trading Down 8.9%

The firm’s fifty day moving average is $11.35 and its 200 day moving average is $11.66. The stock has a market cap of $722.38 million, a P/E ratio of -6.48 and a beta of 0.90.

Serve Robotics (NASDAQ:SERV) last posted its quarterly earnings data on Wednesday, March 11th. The company reported ($0.46) earnings per share for the quarter, topping the consensus estimate of ($0.49) by $0.03. Serve Robotics had a negative return on equity of 38.52% and a negative net margin of 4,121.58%.The business had revenue of $0.88 million during the quarter, compared to analysts’ expectations of $0.77 million. Research analysts forecast that Serve Robotics Inc. will post -0.98 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

Serve Robotics Company Profile

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.