Ali Kashani Sells 13,500 Shares of Serve Robotics (NASDAQ:SERV) Stock

Serve Robotics Inc. (NASDAQ:SERV) CEO Ali Kashani sold 13,500 shares of Serve Robotics stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $9.72, for a total transaction of $131,220.00. Following the sale, the chief executive officer directly owned 3,334,914 shares of the company’s stock, valued at $32,415,364.08. This trade represents a 0.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, February 11th, Ali Kashani sold 9,259 shares of Serve Robotics stock. The stock was 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 stock was 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 value of $129,958.40.
• On Thursday, December 11th, Ali Kashani sold 16,730 shares of Serve Robotics stock. The shares were sold at an average price of $11.87, for a total value of $198,585.10.

Serve Robotics Price Performance

Shares of NASDAQ SERV opened at $9.60 on Friday. Serve Robotics Inc. has a one year low of $4.66 and a one year high of $18.64. The business’s 50-day moving average price is $11.33 and its two-hundred day moving average price is $11.64. The company has a market capitalization of $715.01 million, a P/E ratio of -6.04 and a beta of 0.90.

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

Analyst Ratings Changes

Several analysts have commented on SERV shares. Oppenheimer assumed coverage on shares of Serve Robotics in a research report on Thursday, December 18th. They issued an “outperform” rating and a $20.00 target price for the company. Freedom Capital upgraded shares of Serve Robotics to a “strong-buy” rating in a report on Wednesday, December 31st. LADENBURG THALM/SH SH raised shares of Serve Robotics to a “strong-buy” rating in a research note on Thursday, December 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Serve Robotics in a report on Monday, December 29th. Finally, Loop Capital set a $16.00 target price on shares of Serve Robotics in a research report on Wednesday, December 31st. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $18.80.

Hedge Funds Weigh In On Serve Robotics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP bought a new position in shares of Serve Robotics in the third quarter valued at approximately $8,840,000. Geode Capital Management LLC boosted its holdings in shares of Serve Robotics by 176.0% during the 2nd quarter. Geode Capital Management LLC now owns 878,668 shares of the company’s stock worth $10,054,000 after buying an additional 560,361 shares during the period. Vanguard Group Inc. grew its stake in Serve Robotics by 25.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,594,869 shares of the company’s stock valued at $30,178,000 after buying an additional 521,945 shares during the last quarter. Creek Drive Management Group LLC acquired a new position in Serve Robotics in the 4th quarter valued at $4,912,000. Finally, State Street Corp raised its holdings in Serve Robotics by 29.5% in the 4th quarter. State Street Corp now owns 1,245,411 shares of the company’s stock worth $12,927,000 after acquiring an additional 283,497 shares during the period.

Key Serve Robotics News

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

• Positive Sentiment: Q4 results & guidance: Q4 revenue (~$0.9M) and EPS modestly beat estimates and management raised 2026 revenue guidance to $26M, improving near‑term visibility. Read More.
• Positive Sentiment: New & expanded partnerships: White Castle will use Serve robots for Uber Eats deliveries and the company continues integrations with Uber Eats and DoorDash — increases merchant count and order channels if density follows. Read More.
• Positive Sentiment: Scale & M&A: Management cites ~2,000 deployed robots, 20 cities, 4,500+ merchant partners and strategic acquisitions (e.g., Diligent Robotics) that broaden addressable markets beyond sidewalk delivery. Read More.
• Neutral Sentiment: Market mechanics: High short interest and heavy call‑option buying earlier created a short‑squeeze dynamic that amplified upside; that same technicality can increase volatility and lead to sharp reversals. Read More.
• Neutral Sentiment: Analyst & PR flow: Several firms reiterated buy/outperform ratings and CEO media appearances have boosted narrative — helpful for sentiment but execution still matters. Read More.
• Negative Sentiment: Insider selling: Multiple Form 4s show CEO, COO, CFO and other insiders sold shares in early March — markets often interpret clustered insider sales as a near‑term negative signal. Read More.
• Negative Sentiment: Execution & cash‑burn risk: Q4 revenue remains small vs. a 2,000‑robot fleet (low per‑robot monetization); 2026 guidance ($26M) is well below earlier implied targets and planned CapEx (~$25M) tightens the cash runway and raises dilution/funding risk. Read More.

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.