Serve Robotics Inc’s recent filing unveils that its Chief Executive Officer Kashani Ali acquired Company’s shares for reported $20550.0 on Mar 11 ’25. In the deal valued at $6.85 per share,3,000 shares were bought. As a result of this transaction, Kashani Ali now holds 3,228,852 shares worth roughly $25.28 million.
Then, Parang Touraj sold 796 shares, generating $7,323 in total proceeds. Upon selling the shares at $9.20, the President & COO now owns 1,162,090 shares.
Before that, Kashani Ali sold 3,713 shares. Serve Robotics Inc shares valued at $34,215 were divested by the Chief Executive Officer at a price of $9.21 per share. As a result of the transaction, Kashani Ali now holds 3,225,852 shares, worth roughly $25.26 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 jump 2.22% to $7.83. Over the last five days, the stock has gained 17.22%. Serve Robotics Inc shares have fallen nearly -42.00% since the year began. Nevertheless, the stocks have risen 95.75% over the past one year. SMA at 50 days reached $14.34, while 200 days put it at $9.97.
Levels Of Support And Resistance For SERV Stock
The 24-hour chart illustrates a support level at 7.55, which if violated will result in even more drops to 7.26. On the upside, there is a resistance level at 8.06. A further resistance level may holdings at 8.28. The Relative Strength Index (RSI) on the 14-day chart is 38.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.03%. Stochastics %K at 24.64% 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 2025-02-28, growing by 1.64 million shares to a total of 6.69 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.06 million shares. There was a rise of 24.45%, which implies that there is a positive sentiment for the stock.
