The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Serve Robotics Inc shares valued at $79,655 were sold by Read Brian on May 13 ’25. At $8.95 per share, Read Brian sold 8,900 shares. The insider’s holdings dropped to 225,000 shares worth approximately $2.62 million following the completion of this transaction.
Also, Read Brian purchased 8,900 shares, netting a total of over 79,655 in proceeds.
Before that, Read Brian had sold 7,000 shares from its account. In a trade valued at $56,200, the Chief Financial Officer traded Serve Robotics Inc shares for $8.03 each. Upon closing the transaction, the insider’s holdings decreased to 7,000 shares, worth approximately $2.72 million.
As published in their initiating research note from Cantor Fitzgerald on May 22, 2025, Serve Robotics Inc [SERV] has been an Overweight and the price target has been revised to $17. Analysts at Ladenburg Thalmann started covering the stock with ‘”a Buy”‘ outlook in a report released in late October. As of October 18, 2024, Northland Capital has initiated its “an Outperform” rating for SERV. Earlier on October 07, 2024, Seaport Research Partners initiated its rating. Their recommendation was “a Buy” for SERV stock.
Analyzing SERV Stock Performance
During the last five days, there has been a surge of approximately 23.86%. Over the course of the year, Serve Robotics Inc shares have dropped approximately -13.85%. Shares of the company reached a 52-week high of $24.35 on 01/06/25 and a 52-week low of $4.66 on 04/07/25.
Support And Resistance Levels for Serve Robotics Inc (SERV)
According to the 24-hour chart, there is a support level at 10.51, which, if violated, would cause prices to drop to 9.39. In the upper region, resistance lies at 12.36. The next price resistance is at 13.09. RSI (Relative Strength Index) is 72.14 on the 14-day chart, showing overbought technical sentiment.
