Ali Kashani Sells 14,644 Shares of Serve Robotics (NASDAQ:SERV) Stock

Serve Robotics Inc. (NASDAQ:SERV) CEO Ali Kashani sold 14,644 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $9.26, for a total transaction of $135,603.44. Following the transaction, the chief executive officer directly owned 3,293,976 shares in the company, valued at approximately $30,502,217.76. This represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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, May 6th, Ali Kashani sold 11,753 shares of Serve Robotics stock. The stock was sold at an average price of $9.29, for a total transaction of $109,185.37.
• On Wednesday, April 8th, Ali Kashani sold 14,541 shares of Serve Robotics stock. The stock was sold at an average price of $8.62, for a total transaction of $125,343.42.
• On Tuesday, March 10th, Ali Kashani sold 13,500 shares of Serve Robotics stock. The stock was sold at an average price of $9.72, for a total transaction of $131,220.00.
• 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.

Serve Robotics Stock Down 3.5%

NASDAQ:SERV opened at $8.77 on Friday. The company has a market cap of $678.10 million, a P/E ratio of -4.36 and a beta of 0.96. Serve Robotics Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $18.64. The firm’s 50 day moving average is $9.25 and its two-hundred day moving average is $10.68.

Serve Robotics (NASDAQ:SERV) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.65) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.08). The company had revenue of $2.98 million for the quarter, compared to analysts’ expectations of $2.83 million. Serve Robotics had a negative return on equity of 48.88% and a negative net margin of 2,639.98%. Research analysts forecast that Serve Robotics Inc. will post -2.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Guggenheim assumed coverage on shares of Serve Robotics in a research report on Monday, April 20th. They issued a “buy” rating and a $13.00 price objective for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Serve Robotics in a research report on Friday, March 27th. LADENBURG THALM/SH SH raised shares of Serve Robotics to a “strong-buy” rating in a research report on Wednesday. Finally, Cantor Fitzgerald dropped their price objective on shares of Serve Robotics from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Tuesday, March 17th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $17.67.

Institutional Investors Weigh In On Serve Robotics

Several large investors have recently made changes to their positions in SERV. Farther Finance Advisors LLC acquired a new stake in shares of Serve Robotics in the third quarter worth $27,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Serve Robotics in the fourth quarter worth $31,000. Quadrant Capital Group LLC acquired a new stake in shares of Serve Robotics in the fourth quarter worth $31,000. EverSource Wealth Advisors LLC increased its position in shares of Serve Robotics by 299.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,192 shares of the company’s stock worth $33,000 after acquiring an additional 2,392 shares in the last quarter. Finally, CWM LLC grew its holdings in Serve Robotics by 514.1% during 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 in the last quarter.

Key Headlines Impacting Serve Robotics

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

• Positive Sentiment: Serve reported first-quarter revenue of $2.98 million, well above estimates, with revenue up 578% year over year and 238% sequentially, showing rapid top-line growth. Serve Robotics Announces First Quarter 2026 Results with 3X Sequential Revenue Growth
• Positive Sentiment: The company raised optimism around its long-term addressable market, citing physical AI and autonomous delivery upside, which may support the investment thesis. Serve Robotics points to its physical AI, autonomous delivery upside
• Positive Sentiment: Serve’s expanding operating footprint and new vertical exposure from the Diligent Robotics acquisition could improve growth prospects over time. Serve Robotics Announces First Quarter 2026 Results with 3X Sequential Revenue Growth
• Positive Sentiment: Analyst sentiment improved after the report, with LADENBURG THALM/SH upgrading Serve Robotics to “strong-buy.” Zacks.com
• Neutral Sentiment: Vancouver approved a 6-month delivery robot pilot program, which is supportive of industry adoption but is not a direct financial catalyst yet. Vancouver approves 6-month delivery robot pilot program
• Neutral Sentiment: Coverage around delivery robots expanding in cities like Vancouver and Los Angeles suggests broader market acceptance, but the impact on SERV’s near-term earnings is uncertain. No tip required: food-delivery robots to roll on Vancouver sidewalks
• Negative Sentiment: Despite strong revenue growth, Serve posted a Q1 loss of $0.65 per share, wider than a year ago and below expectations, highlighting continued profitability pressure. Serve Robotics Inc. (SERV) Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Management’s FY 2026 revenue guidance of about $26 million only slightly topped consensus, suggesting investors may still be waiting for a bigger upside surprise. Serve Robotics stock page
• Negative Sentiment: The company continues to report very weak margins and negative return on equity, reinforcing concerns that scaling the business remains expensive. Serve Robotics stock page

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.