Ali Kashani Sells 45,158 Shares of Serve Robotics (NASDAQ:SERV) Stock

Posted by George Bondi on Aug 21st, 2026

Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) CEO Ali Kashani sold 45,158 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $4.56, for a total transaction of $205,920.48. Following the sale, the chief executive officer directly owned 3,232,933 shares of the company’s stock, valued at approximately $14,742,174.48. This trade represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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, June 10th, Ali Kashani sold 15,885 shares of Serve Robotics stock. The stock was sold at an average price of $7.24, for a total value of $115,007.40.

Serve Robotics Price Performance

Shares of SERV opened at $4.74 on Friday. Serve Robotics Inc. has a 12 month low of $4.32 and a 12 month high of $18.64. The stock’s 50-day moving average is $5.67 and its two-hundred day moving average is $7.92. The stock has a market cap of $411.01 million, a PE ratio of -1.93 and a beta of 1.34.

Serve Robotics (NASDAQ:SERV – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.69) by ($0.11). The company had revenue of $3.24 million during the quarter, compared to analyst estimates of $3.51 million. Serve Robotics had a negative net margin of 2,315.80% and a negative return on equity of 55.34%. On average, research analysts anticipate that Serve Robotics Inc. will post -2.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SERV has been the subject of several analyst reports. Freedom Capital upgraded shares of Serve Robotics from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 14th. Weiss Ratings raised shares of Serve Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald lowered shares of Serve Robotics from an “overweight” rating to a “neutral” rating in a report on Friday, August 7th. LADENBURG THALM/SH SH upped their price objective on shares of Serve Robotics from $15.00 to $16.60 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Finally, Guggenheim lowered their target price on Serve Robotics from $13.00 to $7.00 and set a “buy” rating for the company in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.80.

Read Our Latest Stock Report on Serve Robotics

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. DNB Asset Management AS lifted its position in shares of Serve Robotics by 178.9% in the 4th quarter. DNB Asset Management AS now owns 239,205 shares of the company’s stock worth $2,483,000 after buying an additional 153,436 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new position in shares of Serve Robotics in the 4th quarter valued at about $1,427,000. Grange Capital LLC bought a new stake in shares of Serve Robotics during the 1st quarter valued at about $2,426,000. Hsbc Holdings PLC bought a new stake in shares of Serve Robotics during the 4th quarter valued at about $1,061,000. Finally, Legal & General Group Plc raised its stake in Serve Robotics by 11.7% during the fourth quarter. Legal & General Group Plc now owns 839,933 shares of the company’s stock worth $8,864,000 after acquiring an additional 88,099 shares during the period.

Key Stories Impacting Serve Robotics

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

Positive Sentiment: Serve Robotics announced a partnership with Wonder to support autonomous food delivery using sidewalk robots. The deal adds another potential customer and distribution channel, which could increase utilization of SERV’s fleet and expand its commercial footprint. Wonder partners with Serve Robotics on autonomous delivery by sidewalk robots
Positive Sentiment: Serve is also preparing to deploy its autonomous delivery robots through Grubhub. Access to Grubhub’s restaurant network could help SERV monetize its more than 2,000 robots and improve fleet utilization, although the financial impact has not yet been quantified. Serve Robotics to deploy its autonomous delivery robots with Grubhub
Neutral Sentiment: Analyst commentary highlights the opportunity to turn SERV’s growing robot fleet into a revenue engine through higher utilization, partnerships and additional services. However, this is a growth thesis rather than evidence of near-term profitability, and Serve continues to face a highly competitive market. Can Serve Robotics Turn 2,000 Robots Into a Revenue Growth Engine?
Negative Sentiment: Serve has lost its Uber Eats relationship and is turning to Grubhub, raising questions about customer concentration and the pace of revenue growth. Recent guidance concerns have also overshadowed the positive partnership announcements. Serve Robotics Turns to Grubhub After Losing Uber Eats Deal
Negative Sentiment: CEO Ali Kashani, COO Touraj Parang and CFO Brian Read reported multiple share sales totaling roughly 124,000 shares in August. The filings say the sales were made to cover tax withholding on vested restricted stock units, and the executives retained significant stakes, but the cluster of transactions may weigh on sentiment. Serve Robotics CEO Sells Shares to Cover RSU Tax Withholding

About Serve Robotics

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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.