In a filing, Serve Robotics Inc revealed its President & COO Parang Touraj unloaded Company’s shares for reported $7323.0 on Feb 27 ’25. In the deal valued at $9.20 per share,796 shares were sold. As a result of this transaction, Parang Touraj now holds 1,162,090 shares worth roughly $9.73 million.
Then, Kashani Ali sold 3,713 shares, generating $34,215 in total proceeds. Upon selling the shares at $9.21, the Chief Executive Officer now owns 3,225,852 shares.
Before that, Abraham Euan sold 660 shares. Serve Robotics Inc shares valued at $6,075 were divested by the Chief Hardware & Mftg Offcr at a price of $9.21 per share. As a result of the transaction, Abraham Euan now holds 149,858 shares, worth roughly $1.25 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 Monday, Serve Robotics Inc [NASDAQ:SERV] saw its stock fall -7.10% to $8.37. Over the last five days, the stock has lost -19.29%. Serve Robotics Inc shares have fallen nearly -38.00% since the year began. SMA at 50 days reached $15.84, while 200 days put it at $9.74.
Levels Of Support And Resistance For SERV Stock
The 24-hour chart illustrates a support level at 7.99, which if violated will result in even more drops to 7.60. On the upside, there is a resistance level at 9.06. A further resistance level may holdings at 9.74. The Relative Strength Index (RSI) on the 14-day chart is 35.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.13%. Stochastics %K at 2.05% indicates the stock is a buying.
