Serve Robotics Inc’s recent filing unveils that its Chief Hardware & Mftg Offcr Abraham Euan unloaded Company’s shares for reported $0.32 million on Feb 18 ’25. In the deal valued at $12.98 per share,25,000 shares were sold. As a result of this transaction, Abraham Euan now holds 150,518 shares worth roughly $1.56 million.
Then, Abraham Euan bought 25,000 shares, generating $324,448 in total proceeds.
Before that, Wavemaker Global Select II LLC bought 1,288 shares. Serve Robotics Inc shares valued at $16,744 were divested by the 10% Owner at a price of $13.00 per share.
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 fall -13.66% to $10.37. Over the last five days, the stock has lost -25.13%. Serve Robotics Inc shares have fallen nearly -23.19% since the year began. SMA at 50 days reached $16.24, while 200 days put it at $9.59.
Levels Of Support And Resistance For SERV Stock
The 24-hour chart illustrates a support level at 9.84, which if violated will result in even more drops to 9.30. On the upside, there is a resistance level at 11.42. A further resistance level may holdings at 12.47. The Relative Strength Index (RSI) on the 14-day chart is 38.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.84%. Stochastics %K at 5.43% indicates the stock is a buying.
