Euan Abraham Sells 1,375 Shares of Serve Robotics (NASDAQ:SERV) Stock

Serve Robotics Inc. (NASDAQ:SERV) insider Euan Abraham sold 1,375 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $10.17, for a total value of $13,983.75. Following the sale, the insider directly owned 237,037 shares in the company, valued at $2,410,666.29. The trade was a 0.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Euan Abraham also recently made the following trade(s):

• On Wednesday, February 4th, Euan Abraham sold 3,284 shares of Serve Robotics stock. The shares were sold at an average price of $10.33, for a total value of $33,923.72.
• On Thursday, January 8th, Euan Abraham sold 1,171 shares of Serve Robotics stock. The stock was sold at an average price of $14.30, for a total value of $16,745.30.
• On Thursday, December 11th, Euan Abraham sold 1,917 shares of Serve Robotics stock. The stock was sold at an average price of $11.87, for a total value of $22,754.79.

Serve Robotics Price Performance

NASDAQ:SERV opened at $9.56 on Friday. The business’s 50-day simple moving average is $11.81 and its 200-day simple moving average is $11.69. Serve Robotics Inc. has a fifty-two week low of $4.66 and a fifty-two week high of $18.64. The stock has a market capitalization of $712.03 million, a PE ratio of -6.42 and a beta of 0.33.

Serve Robotics (NASDAQ:SERV) last announced its earnings results on Wednesday, November 12th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.17). Serve Robotics had a negative return on equity of 38.52% and a negative net margin of 4,121.58%.The company had revenue of $0.69 million for the quarter, compared to analyst estimates of $0.69 million. On average, research analysts expect that Serve Robotics Inc. will post -0.98 earnings per share for the current year.

Hedge Funds Weigh In On Serve Robotics

A number of large investors have recently modified their holdings of SERV. Vanguard Group Inc. grew its holdings in shares of 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 acquiring an additional 521,945 shares in the last quarter. Geode Capital Management LLC boosted its position in Serve Robotics by 29.1% during the fourth quarter. Geode Capital Management LLC now owns 1,457,965 shares of the company’s stock valued at $15,137,000 after purchasing an additional 328,405 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in Serve Robotics by 12.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,247,559 shares of the company’s stock valued at $12,950,000 after purchasing an additional 138,558 shares in the last quarter. State Street Corp increased its position in shares of Serve Robotics by 29.5% during the 4th quarter. State Street Corp now owns 1,245,411 shares of the company’s stock worth $12,927,000 after purchasing an additional 283,497 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Serve Robotics by 34.5% during the 4th quarter. First Trust Advisors LP now owns 1,022,459 shares of the company’s stock worth $10,613,000 after purchasing an additional 262,348 shares in the last quarter.

Analysts Set New Price Targets

A number of brokerages recently commented on SERV. Northland Securities restated an “outperform” rating and set a $26.00 price objective on shares of Serve Robotics in a report on Friday, January 2nd. LADENBURG THALM/SH SH upgraded Serve Robotics to a “strong-buy” rating in a report on Thursday, December 18th. Oppenheimer began coverage on Serve Robotics in a research note on Thursday, December 18th. They issued an “outperform” rating and a $20.00 price target on the stock. Freedom Capital raised Serve Robotics to a “strong-buy” rating in a research report on Wednesday, December 31st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Serve Robotics in a report on Monday, December 29th. Two equities research 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $18.80.

Trending Headlines about Serve Robotics

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

• Positive Sentiment: Local/regulatory coverage in Chicago highlights growing public and policy attention to delivery robots, improving awareness and the potential for accelerated deployments and city partnerships. Read More.
• Positive Sentiment: Consumer-facing coverage as delivery bots roll into Broward County normalizes the technology and can support demand for Serve’s services and pilot expansions. Read More.
• Neutral Sentiment: Head?to?head analysis versus peer T Stamp (IDAI) gives investors comparative context on positioning and metrics; useful for longer?term sector allocation but not an immediate catalyst. Read More.
• Negative Sentiment: Multi?level insider selling reported this week: CEO Ali Kashani (9,259 shares), COO Touraj Parang (3,558), CFO Brian Read (185) and other insiders (including Euan Abraham) sold stock around ~$10.17 — filings suggest incremental, planned sales but clustered exits can pressure sentiment and share price. Read More.
• Negative Sentiment: Analyst commentary and coverage highlight valuation and cash?burn concerns (recent note points to a sizable short?term slide and heavy losses), which could amplify selling pressure absent clearer revenue/cost milestones. Read More.

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.