Key Points
- Insider Anthony Armenta sold 3,893 shares of Serve Robotics on January 13 at an average price of $14.27 (≈$55,553), reducing his stake by 0.70% to 551,141 shares; this follows several recent disposals including 49,082 shares on November 14.
- Serve Robotics stock trades around $14.99 with a one‑year range of $4.66–$23.10 and a market cap of ~$1.12B, but the company reports negative EPS and margins; analysts hold a consensus “Moderate Buy” with an average target of $18.80.
Serve Robotics Inc. (NASDAQ:SERV - Get Free Report) insider Anthony Armenta sold 3,893 shares of the company's stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $14.27, for a total value of $55,553.11. Following the completion of the transaction, the insider directly owned 551,141 shares in the company, valued at $7,864,782.07. This trade represents a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Anthony Armenta also recently made the following trade(s):
- On Monday, December 15th, Anthony Armenta sold 5,003 shares of Serve Robotics stock. The stock was sold at an average price of $11.96, for a total value of $59,835.88.
- On Friday, November 14th, Anthony Armenta sold 49,082 shares of Serve Robotics stock. The stock was sold at an average price of $9.32, for a total value of $457,444.24.
- On Wednesday, November 5th, Anthony Armenta sold 3,545 shares of Serve Robotics stock. The shares were sold at an average price of $11.63, for a total value of $41,228.35.
Serve Robotics Price Performance
Serve Robotics stock opened at $14.99 on Thursday. Serve Robotics Inc. has a one year low of $4.66 and a one year high of $23.10. The business's fifty day moving average is $11.16 and its 200 day moving average is $11.61. The stock has a market capitalization of $1.12 billion, a PE ratio of -10.06 and a beta of 0.27.
Serve Robotics (NASDAQ:SERV - Get Free Report) 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 during the quarter, compared to analysts' expectations 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, sell-side analysts expect that Serve Robotics Inc. will post -0.98 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on SERV. LADENBURG THALM/SH SH upgraded shares of Serve Robotics to a "strong-buy" rating in a report on Thursday, December 18th. Weiss Ratings restated a "sell (d-)" rating on shares of Serve Robotics in a research note on Monday, December 29th. Oppenheimer assumed coverage on Serve Robotics in a report on Thursday, December 18th. They issued an "outperform" rating and a $20.00 price objective for the company. Freedom Capital raised Serve Robotics to a "strong-buy" rating in a report on Wednesday, December 31st. Finally, Northland Securities reissued an "outperform" rating and issued a $26.00 target price on shares of Serve Robotics in a research report on Friday, January 2nd. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $18.80.
View Our Latest Stock Analysis on SERV
Institutional Investors Weigh In On Serve Robotics
Hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Advisors LP bought a new position in Serve Robotics in the 3rd quarter worth $8,840,000. Geode Capital Management LLC raised its stake in shares of Serve Robotics by 176.0% in the second quarter. Geode Capital Management LLC now owns 878,668 shares of the company's stock worth $10,054,000 after buying an additional 560,361 shares during the period. Vanguard Group Inc. lifted its position in shares of Serve Robotics by 25.2% during the 3rd quarter. Vanguard Group Inc. now owns 2,594,869 shares of the company's stock valued at $30,178,000 after buying an additional 521,945 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Serve Robotics by 157.9% during the 2nd quarter. Bank of America Corp DE now owns 401,557 shares of the company's stock valued at $4,594,000 after acquiring an additional 245,858 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Serve Robotics by 280.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 297,138 shares of the company's stock valued at $1,709,000 after acquiring an additional 219,018 shares during the period.
Serve Robotics Company Profile
(
Get Free Report)
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.
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