In a filing, Serve Robotics Inc revealed 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 $20.8 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 $0.96 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 Tuesday, Serve Robotics Inc [NASDAQ:SERV] saw its stock fall -2.86% to $6.45. Over the last five days, the stock has gained 22.39%. Serve Robotics Inc shares have fallen nearly -52.22% since the year began. Nevertheless, the stocks have risen 112.17% over the past one year. While a 52-week high of $24.35 was reached on 01/06/25, a 52-week low of $1.77 was recorded on 04/07/25. SMA at 50 days reached $7.32, while 200 days put it at $10.54.
Levels Of Support And Resistance For SERV Stock
The 24-hour chart illustrates a support level at 6.31, which if violated will result in even more drops to 6.17. On the upside, there is a resistance level at 6.64. A further resistance level may holdings at 6.83. The Relative Strength Index (RSI) on the 14-day chart is 49.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.35%. Stochastics %K at 79.31% 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 2025-04-15, growing by 0.94 million shares to a total of 7.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 6.61 million shares. There was a rise of 12.47%, which implies that there is a positive sentiment for the stock.
