Insider Selling: Serve Robotics (NASDAQ:SERV) CFO Sells $32,901.05 in Stock

Serve Robotics Inc. (NASDAQ:SERV) CFO Brian Read sold 3,185 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 transaction of $32,901.05. Following the completion of the sale, the chief financial officer directly owned 325,856 shares of the company’s stock, valued at $3,366,092.48. This represents a 0.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Brian Read also recently made the following trade(s):

• On Tuesday, February 3rd, Brian Read sold 1,547 shares of Serve Robotics stock. The shares were sold at an average price of $10.83, for a total transaction of $16,754.01.
• On Thursday, January 8th, Brian Read sold 4,748 shares of Serve Robotics stock. The shares were sold at an average price of $15.81, for a total value of $75,065.88.
• On Wednesday, December 31st, Brian Read sold 1,863 shares of Serve Robotics stock. The stock was sold at an average price of $10.37, for a total value of $19,319.31.
• On Friday, December 12th, Brian Read sold 6,700 shares of Serve Robotics stock. The shares were sold at an average price of $13.15, for a total value of $88,105.00.
• On Thursday, December 11th, Brian Read sold 371 shares of Serve Robotics stock. The shares were sold at an average price of $11.87, for a total value of $4,403.77.
• On Thursday, December 4th, Brian Read sold 7,500 shares of Serve Robotics stock. The stock was sold at an average price of $13.05, for a total value of $97,875.00.
• On Tuesday, December 2nd, Brian Read sold 2,057 shares of Serve Robotics stock. The stock was sold at an average price of $9.82, for a total value of $20,199.74.

Serve Robotics Stock Up 16.2%

SERV stock opened at $10.68 on Friday. Serve Robotics Inc. has a 52 week low of $4.66 and a 52 week high of $23.10. The business has a 50-day simple moving average of $11.98 and a 200 day simple moving average of $11.75. The company has a market cap of $795.45 million, a PE ratio of -7.17 and a beta of 0.33.

Serve Robotics (NASDAQ:SERV) last released 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). The firm had revenue of $0.69 million during the quarter, compared to the consensus estimate of $0.69 million. Serve Robotics had a negative net margin of 4,121.58% and a negative return on equity of 38.52%. On average, analysts anticipate that Serve Robotics Inc. will post -0.98 EPS for the current fiscal year.

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

Hedge Funds Weigh In On Serve Robotics

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in shares of Serve Robotics during the third quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its holdings in Serve Robotics by 299.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,192 shares of the company’s stock valued at $33,000 after buying an additional 2,392 shares during the last quarter. CWM LLC boosted its position in Serve Robotics by 514.1% during the 4th quarter. CWM LLC now owns 3,439 shares of the company’s stock worth $36,000 after buying an additional 2,879 shares during the period. Allworth Financial LP grew its holdings 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 acquiring an additional 2,964 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its holdings in Serve Robotics by 166.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,218 shares of the company’s stock worth $49,000 after acquiring an additional 2,637 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Oppenheimer assumed coverage on Serve Robotics in a report on Thursday, December 18th. They issued an “outperform” rating and a $20.00 target price on the stock. Freedom Capital upgraded Serve Robotics to a “strong-buy” rating in a research report on Wednesday, December 31st. Loop Capital set a $16.00 target price on Serve Robotics in a research report on Wednesday, December 31st. LADENBURG THALM/SH SH raised Serve Robotics to a “strong-buy” rating in a research note on Thursday, December 18th. Finally, Citigroup restated an “outperform” rating on shares of Serve Robotics in a research note on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price 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.