Ali Kashani Sells 11,753 Shares of Serve Robotics (NASDAQ:SERV) Stock

Posted by Alphonse Anthony on May 10th, 2026

Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) CEO Ali Kashani sold 11,753 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $9.29, for a total value of $109,185.37. Following the completion of the transaction, the chief executive officer owned 3,308,620 shares of the company’s stock, valued at $30,737,079.80. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ali Kashani also recently made the following trade(s):

On Thursday, May 7th, Ali Kashani sold 14,644 shares of Serve Robotics stock. The stock was sold at an average price of $9.26, for a total value of $135,603.44.
On Wednesday, April 8th, Ali Kashani sold 14,541 shares of Serve Robotics stock. The stock was sold at an average price of $8.62, for a total value of $125,343.42.
On Tuesday, March 10th, Ali Kashani sold 13,500 shares of Serve Robotics stock. The stock was sold at an average price of $9.72, for a total value of $131,220.00.
On Wednesday, February 11th, Ali Kashani sold 9,259 shares of Serve Robotics stock. The stock was sold at an average price of $10.17, for a total value of $94,164.03.

Serve Robotics Stock Performance

Shares of Serve Robotics stock opened at $8.77 on Friday. The firm has a market capitalization of $678.10 million, a price-to-earnings ratio of -4.36 and a beta of 0.96. Serve Robotics Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $18.64. The stock has a 50 day moving average of $9.25 and a 200 day moving average of $10.68.

Serve Robotics (NASDAQ:SERV – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.57) by ($0.08). The business had revenue of $2.98 million during the quarter, compared to analysts’ expectations of $2.83 million. Serve Robotics had a negative return on equity of 48.88% and a negative net margin of 2,639.98%. Analysts forecast that Serve Robotics Inc. will post -2.39 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. LADENBURG THALM/SH SH upgraded Serve Robotics to a “strong-buy” rating in a research report on Wednesday. Guggenheim began coverage on Serve Robotics in a research note on Monday, April 20th. They set a “buy” rating and a $13.00 price target on the stock. Cantor Fitzgerald decreased their price target on Serve Robotics from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 17th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Serve Robotics in a research note on Friday, March 27th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Serve Robotics presently has an average rating of “Buy” and a consensus target price of $17.67.

Read Our Latest Stock Analysis on SERV

Key Serve Robotics News

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

Positive Sentiment: Serve reported first-quarter revenue of $2.98 million, well above estimates, with revenue up 578% year over year and 238% sequentially, showing rapid top-line growth. Serve Robotics Announces First Quarter 2026 Results with 3X Sequential Revenue Growth
Positive Sentiment: The company raised optimism around its long-term addressable market, citing physical AI and autonomous delivery upside, which may support the investment thesis. Serve Robotics points to its physical AI, autonomous delivery upside
Positive Sentiment: Serve’s expanding operating footprint and new vertical exposure from the Diligent Robotics acquisition could improve growth prospects over time. Serve Robotics Announces First Quarter 2026 Results with 3X Sequential Revenue Growth
Positive Sentiment: Analyst sentiment improved after the report, with LADENBURG THALM/SH upgrading Serve Robotics to “strong-buy.” Zacks.com
Neutral Sentiment: Vancouver approved a 6-month delivery robot pilot program, which is supportive of industry adoption but is not a direct financial catalyst yet. Vancouver approves 6-month delivery robot pilot program
Neutral Sentiment: Coverage around delivery robots expanding in cities like Vancouver and Los Angeles suggests broader market acceptance, but the impact on SERV’s near-term earnings is uncertain. No tip required: food-delivery robots to roll on Vancouver sidewalks
Negative Sentiment: Despite strong revenue growth, Serve posted a Q1 loss of $0.65 per share, wider than a year ago and below expectations, highlighting continued profitability pressure. Serve Robotics Inc. (SERV) Reports Q1 Loss, Beats Revenue Estimates
Negative Sentiment: Management’s FY 2026 revenue guidance of about $26 million only slightly topped consensus, suggesting investors may still be waiting for a bigger upside surprise. Serve Robotics stock page
Negative Sentiment: The company continues to report very weak margins and negative return on equity, reinforcing concerns that scaling the business remains expensive. Serve Robotics stock page

Institutional Trading of Serve Robotics

Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new stake in shares of Serve Robotics in the third quarter valued at $27,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Serve Robotics in the fourth quarter valued at $31,000. Quadrant Capital Group LLC acquired a new stake in shares of Serve Robotics in the fourth quarter valued at $31,000. EverSource Wealth Advisors LLC raised its stake in shares of Serve Robotics by 299.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,192 shares of the company’s stock valued at $33,000 after acquiring an additional 2,392 shares in the last quarter. Finally, CWM LLC raised its stake in shares of Serve Robotics by 514.1% in the fourth quarter. CWM LLC now owns 3,439 shares of the company’s stock valued at $36,000 after acquiring an additional 2,879 shares in the last quarter.

About Serve Robotics

(Get Free Report)

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.