Serve Robotics Inc’s recent filing unveils that its Chief Executive Officer Kashani Ali unloaded Company’s shares for reported $9536.0 on Apr 08 ’25. In the deal valued at $5.71 per share,1,670 shares were sold. As a result of this transaction, Kashani Ali now holds 3,225,127 shares worth roughly $18.67 million.
Then, Parang Touraj sold 445 shares, generating $2,539 in total proceeds. Upon selling the shares at $5.71, the President & COO now owns 1,161,099 shares.
Before that, Abraham Euan sold 308 shares. Serve Robotics Inc shares valued at $1,768 were divested by the Chief Hardware & Mftg Offcr at a price of $5.74 per share. As a result of the transaction, Abraham Euan now holds 149,170 shares, worth roughly $0.86 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 9.04% to $5.79. Over the last five days, the stock has gained 6.63%. Serve Robotics Inc shares have fallen nearly -57.11% since the year began. Nevertheless, the stocks have risen 30.41% over the past one year. SMA at 50 days reached $9.74, while 200 days put it at $10.35.
Levels Of Support And Resistance For SERV Stock
The 24-hour chart illustrates a support level at 5.54, which if violated will result in even more drops to 5.30. On the upside, there is a resistance level at 6.16. A further resistance level may holdings at 6.54. The Relative Strength Index (RSI) on the 14-day chart is 40.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.67%. Stochastics %K at 25.71% 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 2025-03-31, growing by 1.41 million shares to a total of 8.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.69 million shares. There was a rise of 17.44%, which implies that there is a positive sentiment for the stock.
