Insider Selling: Serve Robotics (NASDAQ:SERV) CFO Sells 4,748 Shares of Stock

Serve Robotics Inc. (NASDAQ:SERV) CFO Brian Read sold 4,748 shares of the stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $15.81, for a total value of $75,065.88. Following the transaction, the chief financial officer directly owned 330,588 shares of the company’s stock, valued at approximately $5,226,596.28. The trade was a 1.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• 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 stock was 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 transaction of $97,875.00.
• On Tuesday, December 2nd, Brian Read sold 2,057 shares of Serve Robotics stock. The shares were sold at an average price of $9.82, for a total transaction of $20,199.74.
• On Thursday, October 30th, Brian Read sold 1,270 shares of Serve Robotics stock. The shares were sold at an average price of $13.32, for a total transaction of $16,916.40.

Serve Robotics Price Performance

Shares of SERV traded down $0.70 during mid-day trading on Friday, hitting $14.71. The company’s stock had a trading volume of 12,330,471 shares, compared to its average volume of 11,877,606. The firm has a 50-day moving average price of $10.98 and a 200 day moving average price of $11.50. Serve Robotics Inc. has a fifty-two week low of $4.66 and a fifty-two week high of $23.10. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of -9.87 and a beta of 0.27.

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

Hedge Funds Weigh In On Serve Robotics

Several institutional investors and hedge funds have recently bought and sold shares of SERV. Farther Finance Advisors LLC acquired a new position in shares of Serve Robotics in the 3rd quarter valued at about $27,000. Allworth Financial LP grew its position in Serve Robotics by 316.7% during the second quarter. Allworth Financial LP now owns 3,900 shares of the company’s stock valued at $45,000 after purchasing an additional 2,964 shares in the last quarter. SBI Securities Co. Ltd. grew its position in Serve Robotics by 166.8% during the third quarter. SBI Securities Co. Ltd. now owns 4,218 shares of the company’s stock valued at $49,000 after purchasing an additional 2,637 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new position in Serve Robotics in the 2nd quarter valued at approximately $55,000. Finally, Russell Investments Group Ltd. purchased a new stake in Serve Robotics in the 3rd quarter worth approximately $59,000.

More Serve Robotics News

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

• Positive Sentiment: Zacks says Serve’s partnership with DoorDash could be transformative — broadening demand, improving robot utilization and unit economics as Serve pushes toward scalable growth. This frames the DoorDash tie-up as a key revenue/efficiency catalyst. Read More.
• Positive Sentiment: The Motley Fool highlights continued Wall Street buy ratings and public praise from Nvidia CEO Jensen Huang at CES 2026 — positive sentiment that can support multiple re-rating paths (market share, tech partnerships, investor interest). Read More.
• Positive Sentiment: Unusually heavy call-option activity — roughly 40,038 calls traded (about +52% vs. average) — indicates speculative bullish positioning or hedging by traders anticipating upside. This can amplify short-term price moves if buys continue. (no article link available)
• Negative Sentiment: CEO Ali Kashani sold 9,088 shares at an average of $14.30 (0.27% reduction in his holding). Insider sales by the CEO can be read as signal-raising for some investors. Read More.
• Negative Sentiment: COO Touraj Parang sold 4,008 shares at an average of $14.30 (0.30% reduction). Multiple senior-exec sales on the same day increase perceived downside pressure. Read More.
• Negative Sentiment: Insider Euan Abraham sold 1,171 shares at $14.30 (0.48% reduction). Smaller sale but adds to the cluster of insider dispositions. Read More.
• Negative Sentiment: CFO Brian Read sold 4,748 shares at an average price of $15.81 (1.42% reduction). A CFO sale at a higher average price can attract particular attention from investors. Read More.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SERV shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Serve Robotics in a research report on Monday, November 17th. Citigroup restated an “outperform” rating on shares of Serve Robotics in a report on Monday, October 13th. 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. LADENBURG THALM/SH SH upgraded shares of Serve Robotics to a “strong-buy” rating in a report on Thursday, December 18th. Finally, Loop Capital set a $16.00 price target on shares of Serve Robotics in a research report on Wednesday, December 31st. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.80.

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.