Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) CEO Ali Kashani sold 1,008 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $16.05, for a total value of $16,178.40. Following the completion of the transaction, the chief executive officer now owns 3,298,490 shares of the company’s stock, valued at $52,940,764.50. The trade was a 0.03 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Ali Kashani also recently made the following trade(s):
- On Monday, December 16th, Ali Kashani sold 22,500 shares of Serve Robotics stock. The stock was sold at an average price of $14.93, for a total transaction of $335,925.00.
- On Friday, December 13th, Ali Kashani sold 2,500 shares of Serve Robotics stock. The shares were sold at an average price of $12.48, for a total transaction of $31,200.00.
- On Monday, December 9th, Ali Kashani sold 2,500 shares of Serve Robotics stock. The shares were sold at an average price of $13.52, for a total transaction of $33,800.00.
- On Friday, December 6th, Ali Kashani sold 31,791 shares of Serve Robotics stock. The stock was sold at an average price of $11.39, for a total value of $362,099.49.
- On Monday, November 25th, Ali Kashani sold 9,719 shares of Serve Robotics stock. The shares were sold at an average price of $8.77, for a total value of $85,235.63.
- On Thursday, November 21st, Ali Kashani sold 1,109 shares of Serve Robotics stock. The stock was sold at an average price of $8.79, for a total value of $9,748.11.
Serve Robotics Stock Performance
NASDAQ:SERV opened at $14.61 on Friday. Serve Robotics Inc. has a 12-month low of $1.77 and a 12-month high of $24.09. The company’s 50-day moving average is $10.18 and its two-hundred day moving average is $8.30.
Analyst Upgrades and Downgrades
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Hedge Funds Weigh In On Serve Robotics
Institutional investors and hedge funds have recently modified their holdings of the company. Yong Rong HK Asset Management Ltd acquired a new position in Serve Robotics in the 3rd quarter valued at $9,636,000. Thomist Capital Management LP purchased a new stake in shares of Serve Robotics in the second quarter valued at $407,000. Geode Capital Management LLC grew its position in shares of Serve Robotics by 128.1% in the third quarter. Geode Capital Management LLC now owns 130,853 shares of the company’s stock valued at $1,041,000 after purchasing an additional 73,496 shares during the period. PFG Investments LLC acquired a new position in Serve Robotics in the second quarter valued at $110,000. Finally, State Street Corp acquired a new stake in Serve Robotics in the 3rd quarter worth about $333,000.
About Serve Robotics
Serve Robotics Inc designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc in July 2023.
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