Serve Robotics Inc. (NASDAQ:SERV - Get Free Report) Director James Buckly Jordan sold 1,288 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $9.07, for a total value of $11,682.16. Following the sale, the director now owns 447,764 shares in the company, valued at approximately $4,061,219.48. This trade represents a 0.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
James Buckly Jordan also recently made the following trade(s):
- On Thursday, November 21st, James Buckly Jordan sold 64,408 shares of Serve Robotics stock. The stock was sold at an average price of $8.57, for a total value of $551,976.56.
- On Monday, November 18th, James Buckly Jordan sold 1,472 shares of Serve Robotics stock. The stock was sold at an average price of $7.99, for a total value of $11,761.28.
Serve Robotics Price Performance
NASDAQ:SERV opened at $11.80 on Friday. The business's 50-day moving average is $9.15 and its two-hundred day moving average is $7.48. Serve Robotics Inc. has a 12 month low of $1.77 and a 12 month high of $24.09.
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A number of brokerages have weighed in on SERV. Northland Capmk raised Serve Robotics to a "strong-buy" rating in a research note on Friday, October 18th. Northland Securities initiated coverage on Serve Robotics in a research report on Friday, October 18th. They issued an "outperform" rating and a $16.00 target price on the stock. Seaport Res Ptn raised Serve Robotics to a "strong-buy" rating in a research report on Monday, October 7th. Finally, LADENBURG THALM/SH SH initiated coverage on Serve Robotics in a research report on Monday, October 28th. They issued a "buy" rating and a $16.00 target price on the stock. Two analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, Serve Robotics presently has an average rating of "Strong Buy" and a consensus price target of $16.00.
Get Our Latest Stock Analysis on Serve Robotics
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Tidal Investments LLC purchased a new position in Serve Robotics in the third quarter valued at about $262,000. Geode Capital Management LLC grew its stake in shares of Serve Robotics by 128.1% during the third quarter. Geode Capital Management LLC now owns 130,853 shares of the company's stock valued at $1,041,000 after acquiring an additional 73,496 shares in the last quarter. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Serve Robotics during the third quarter valued at about $68,000. State Street Corp acquired a new stake in shares of Serve Robotics during the third quarter valued at about $333,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Serve Robotics during the third quarter valued at about $148,000.
About Serve Robotics
(
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Serve Robotics Inc designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc in July 2023.
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