Serve Robotics Inc’s recent filing unveils that its Chief Hardware & Mftg Offcr Abraham Euan unloaded Company’s shares for reported $2801.0 on Mar 19 ’25. In the deal valued at $7.37 per share,380 shares were sold. As a result of this transaction, Abraham Euan now holds 149,478 shares worth roughly $0.86 million.
Then, Parang Touraj sold 546 shares, generating $3,993 in total proceeds. Upon selling the shares at $7.31, the President & COO now owns 1,161,544 shares.
Before that, Kashani Ali sold 2,055 shares. Serve Robotics Inc shares valued at $15,145 were divested by the Chief Executive Officer at a price of $7.37 per share. As a result of the transaction, Kashani Ali now holds 3,226,797 shares, worth roughly $18.55 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 -8.59% to $5.75. Over the last five days, the stock has lost -26.19%. Serve Robotics Inc shares have fallen nearly -57.41% since the year began. Nevertheless, the stocks have risen 27.78% over the past one year. SMA at 50 days reached $12.15, while 200 days put it at $10.18.
Levels Of Support And Resistance For SERV Stock
The 24-hour chart illustrates a support level at 5.59, which if violated will result in even more drops to 5.44. On the upside, there is a resistance level at 6.02. A further resistance level may holdings at 6.30. The Relative Strength Index (RSI) on the 14-day chart is 32.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.25%. Stochastics %K at 8.43% indicates the stock is a buying.
How much short interest is there in Serve Robotics Inc?
A steep rise in short interest was recorded in Serve Robotics Inc stocks on 2025-03-14, growing by 0.71 million shares to a total of 6.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.89 million shares. There was a rise of 10.75%, which implies that there is a positive sentiment for the stock.
