In a filing, Serve Robotics Inc revealed its 10% Owner Match Robotics VC, LLC acquired Company’s shares for reported $0.33 million on Jan 24 ’25. In the deal valued at $20.00 per share,16,700 shares were bought.
Then, Abraham Euan sold 260 shares, generating $5,012 in total proceeds. Upon selling the shares at $19.28, the Chief Hardware & Mftg Offcr now owns 150,518 shares.
Before that, Parang Touraj sold 305 shares. Serve Robotics Inc shares valued at $5,957 were divested by the President & COO at a price of $19.53 per share. As a result of the transaction, Parang Touraj now holds 1,162,886 shares, worth roughly $22.4 million.
Ladenburg Thalmann initiated its Serve Robotics Inc [SERV] rating to a Buy in a research note published on October 28, 2024; the price target was $16. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in mid October with a ‘”an Outperform”‘ rating. Seaport Research Partners began covering SERV with “Buy” recommendation on October 07, 2024.
Price Performance Review of SERV
On Friday, Serve Robotics Inc [NASDAQ:SERV] saw its stock jump 8.08% to $19.26. Over the last five days, the stock has gained 2.01%. Serve Robotics Inc shares have risen nearly 42.67% since the year began.
Levels Of Support And Resistance For SERV Stock
The 24-hour chart illustrates a support level at 17.74, which if violated will result in even more drops to 16.22. On the upside, there is a resistance level at 21.00. A further resistance level may holdings at 22.75. The Relative Strength Index (RSI) on the 14-day chart is 56.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.21%. Stochastics %K at 43.20% indicates the stock is a holding.
How much short interest is there in Serve Robotics Inc?
A steep rise in short interest was recorded in Serve Robotics Inc stocks on 2024-12-31, dropping by -0.16 million shares to a total of 3.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.96 million shares. There was a decline of -4.21%, which implies that there is a negative sentiment for the stock.
