Brian Read Sells 4,748 Shares of Serve Robotics (NASDAQ:SERV) Stock

Serve Robotics Inc. (NASDAQ:SERV) CFO Brian Read sold 4,748 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $15.81, for a total value of $75,065.88. Following the completion of the sale, the chief financial officer owned 330,588 shares in the company, valued at approximately $5,226,596.28. This represents a 1.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Brian Read also recently made the following trade(s):

• On Wednesday, December 31st, Brian Read sold 1,863 shares of Serve Robotics stock. The shares were sold at an average price of $10.37, for a total transaction of $19,319.31.
• On Friday, December 12th, Brian Read sold 6,700 shares of Serve Robotics stock. The stock was sold at an average price of $13.15, for a total transaction of $88,105.00.
• On Thursday, December 11th, Brian Read sold 371 shares of Serve Robotics stock. The shares were sold at an average price of $11.87, for a total transaction of $4,403.77.
• On Thursday, December 4th, Brian Read sold 7,500 shares of Serve Robotics stock. The shares were sold at an average price of $13.05, for a total transaction of $97,875.00.
• On Tuesday, December 2nd, Brian Read sold 2,057 shares of Serve Robotics stock. The stock was sold at an average price of $9.82, for a total transaction of $20,199.74.
• On Thursday, October 30th, Brian Read sold 1,270 shares of Serve Robotics stock. The stock was sold at an average price of $13.32, for a total transaction of $16,916.40.

Serve Robotics Stock Down 4.5%

NASDAQ:SERV opened at $14.71 on Friday. Serve Robotics Inc. has a 52 week low of $4.66 and a 52 week high of $23.10. The stock’s 50-day moving average price is $11.01 and its 200-day moving average price is $11.53. The stock has a market capitalization of $1.10 billion, a PE ratio of -9.87 and a beta of 0.27.

Serve Robotics (NASDAQ:SERV) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.17). The business had revenue of $0.69 million for the quarter, compared to analysts’ expectations of $0.69 million. Serve Robotics had a negative return on equity of 38.52% and a negative net margin of 4,121.58%. Sell-side analysts expect that Serve Robotics Inc. will post -0.98 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Serve Robotics

Several hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in Serve Robotics by 28.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 38,422 shares of the company’s stock valued at $447,000 after acquiring an additional 8,517 shares in the last quarter. Cambria Investment Management L.P. boosted its holdings in shares of Serve Robotics by 25.0% during the 3rd quarter. Cambria Investment Management L.P. now owns 74,391 shares of the company’s stock worth $865,000 after purchasing an additional 14,877 shares during the last quarter. Captrust Financial Advisors grew its position in shares of Serve Robotics by 23.0% in the third quarter. Captrust Financial Advisors now owns 589,441 shares of the company’s stock valued at $6,855,000 after purchasing an additional 110,094 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in shares of Serve Robotics by 258.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 8,432 shares of the company’s stock valued at $98,000 after purchasing an additional 6,080 shares in the last quarter. Finally, Advisory Services Network LLC increased its holdings in shares of Serve Robotics by 6.4% in the third quarter. Advisory Services Network LLC now owns 46,448 shares of the company’s stock valued at $540,000 after purchasing an additional 2,797 shares during the last quarter.

Analyst Ratings Changes

SERV has been the subject of several recent analyst reports. Citigroup reissued an “outperform” rating on shares of Serve Robotics in a report on Monday, October 13th. Oppenheimer started coverage on shares of Serve Robotics in a research note on Thursday, December 18th. They set an “outperform” rating and a $20.00 target price for the company. Freedom Capital upgraded shares of Serve Robotics to a “strong-buy” rating in a research report on Wednesday, December 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Serve Robotics in a report on Monday, December 29th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Serve Robotics in a research note on Monday, November 17th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.80.

Serve Robotics News Summary

Here are the key news stories impacting Serve Robotics this week:

• Positive Sentiment: Zacks says Serve’s partnership with DoorDash could be transformative — broadening demand, improving robot utilization and unit economics as Serve pushes toward scalable growth. This frames the DoorDash tie-up as a key revenue/efficiency catalyst. Read More.
• Positive Sentiment: The Motley Fool highlights continued Wall Street buy ratings and public praise from Nvidia CEO Jensen Huang at CES 2026 — positive sentiment that can support multiple re-rating paths (market share, tech partnerships, investor interest). Read More.
• Positive Sentiment: Unusually heavy call-option activity — roughly 40,038 calls traded (about +52% vs. average) — indicates speculative bullish positioning or hedging by traders anticipating upside. This can amplify short-term price moves if buys continue. (no article link available)
• Negative Sentiment: CEO Ali Kashani sold 9,088 shares at an average of $14.30 (0.27% reduction in his holding). Insider sales by the CEO can be read as signal-raising for some investors. Read More.
• Negative Sentiment: COO Touraj Parang sold 4,008 shares at an average of $14.30 (0.30% reduction). Multiple senior-exec sales on the same day increase perceived downside pressure. Read More.
• Negative Sentiment: Insider Euan Abraham sold 1,171 shares at $14.30 (0.48% reduction). Smaller sale but adds to the cluster of insider dispositions. Read More.
• Negative Sentiment: CFO Brian Read sold 4,748 shares at an average price of $15.81 (1.42% reduction). A CFO sale at a higher average price can attract particular attention from investors. Read More.

About Serve Robotics

Serve Robotics develops and operates autonomous sidewalk delivery robots designed to transform last-mile logistics for restaurants, retailers and grocery brands. By combining proprietary hardware, sensor suites and dispatch software, the company enables on-demand deliveries of food, beverages and consumer goods while minimizing reliance on traditional vehicle fleets.

The core Serve robot integrates four-wheeled mobility, LiDAR and vision cameras with AI-driven navigation algorithms to detect obstacles, traverse urban sidewalks and interact safely with pedestrians.