Serve Robotics Inc. (NASDAQ:SERV - Get Free Report) CEO Ali Kashani sold 1,008 shares of Serve Robotics stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $16.05, for a total transaction of $16,178.40. Following the sale, the chief executive officer now directly owns 3,298,490 shares in the company, valued at $52,940,764.50. The trade was a 0.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Ali Kashani also recently made the following trade(s):
- On Monday, December 16th, Ali Kashani sold 22,500 shares of Serve Robotics stock. The shares were sold at an average price of $14.93, for a total value of $335,925.00.
- On Friday, December 13th, Ali Kashani sold 2,500 shares of Serve Robotics stock. The stock was sold at an average price of $12.48, for a total value of $31,200.00.
- On Monday, December 9th, Ali Kashani sold 2,500 shares of Serve Robotics stock. The shares were sold at an average price of $13.52, for a total transaction of $33,800.00.
- On Friday, December 6th, Ali Kashani sold 31,791 shares of Serve Robotics stock. The stock was sold at an average price of $11.39, for a total transaction of $362,099.49.
- On Monday, November 25th, Ali Kashani sold 9,719 shares of Serve Robotics stock. The shares were sold at an average price of $8.77, for a total transaction of $85,235.63.
- On Thursday, November 21st, Ali Kashani sold 1,109 shares of Serve Robotics stock. The stock was sold at an average price of $8.79, for a total transaction of $9,748.11.
Serve Robotics Stock Performance
DeFi Coin on Verge of Breakout!
From Crypto 101 Media | Ad
The blueprint for millionaires is here.
Don't let this be the missed opportunity you regret for years.
Claim your FREE book now before it's too late!
Shares of NASDAQ SERV opened at $13.36 on Friday. Serve Robotics Inc. has a twelve month low of $1.77 and a twelve month high of $24.09. The company has a 50 day moving average of $10.06 and a 200 day moving average of $8.22.
Institutional Trading of Serve Robotics
Institutional investors and hedge funds have recently modified their holdings of the business. Yong Rong HK Asset Management Ltd bought a new position in shares of Serve Robotics during the third quarter valued at $9,636,000. Thomist Capital Management LP bought a new position in Serve Robotics during the 2nd quarter valued at about $407,000. PFG Investments LLC bought a new position in Serve Robotics during the 2nd quarter valued at about $110,000. Bfsg LLC purchased a new stake in shares of Serve Robotics during the 3rd quarter valued at about $38,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Serve Robotics in the third quarter worth approximately $152,000.
Analysts Set New Price Targets
A number of analysts have recently commented on SERV shares. Northland Capmk raised Serve Robotics to a "strong-buy" rating in a research report on Friday, October 18th. Northland Securities assumed coverage on Serve Robotics in a report on Friday, October 18th. They issued an "outperform" rating and a $16.00 target price on the stock. Seaport Res Ptn upgraded Serve Robotics to a "strong-buy" rating in a report on Monday, October 7th. Finally, LADENBURG THALM/SH SH assumed coverage on shares of Serve Robotics in a research note on Monday, October 28th. They issued a "buy" rating and a $16.00 price target on the stock. Two investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, Serve Robotics currently has an average rating of "Strong Buy" and a consensus target price of $16.00.
Check Out Our Latest Stock Analysis on Serve Robotics
Serve Robotics Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
