Serve Robotics Inc (NASDAQ: SERV) is -58.00% lower on its value in year-to-date trading and has touched a low of $1.77 and a high of $24.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SERV stock was last observed hovering at around $5.75 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $5.67, the stock is -20.60% and -52.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing -1.39% at the moment leaves the stock -44.38% off its SMA200. SERV registered 27.27% gain for a year compared to 6-month loss of -33.92%. The firm has a 50-day simple moving average (SMA 50) of $11.9013 and a 200-day simple moving average (SMA200) of $10.1941.
The stock witnessed a -32.26% gain in the last 1 month and extending the period to 3 months gives it a -65.19%, and is -26.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.42% over the week and 8.21% over the month.
Serve Robotics Inc (SERV) has around 121 employees, a market worth around $322.73M and $1.81M in sales. Profit margin for the company is -2162.29%. Distance from 52-week low is 220.34% and -76.71% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.51%).
with sales reaching $486.81k over the same period.The EPS is expected to shrink by -8.72% this year, but quarterly earnings will post 387.38% year-over-year.
Serve Robotics Inc (SERV) Top Institutional Holders
106.0 institutions hold shares in Serve Robotics Inc (SERV), with institutional investors hold 15.53% of the company’s shares. The shares outstanding are 51.29M, and float is at 41.71M with Short Float at 15.84%. Institutions hold 12.56% of the Float.
The top institutional shareholder in the company is NVIDIA CORP with over 3.73 million shares valued at $7.27 million. The investor’s holdings represent 11.0284% of the SERV Shares outstanding. As of 2024-06-30, the second largest holder is AWM INVESTMENT COMPANY, INC. with 1.82 million shares valued at $3.55 million to account for 5.3808 of the shares outstanding. The other top investors are ALYESKA INVESTMENT GROUP, L.P. which holds 0.92 million shares representing 2.7366% and valued at over $1.8 million, while POLAR ASSET MANAGEMENT PARTNERS INC. holds 1.6031 of the shares totaling 0.54 million with a market value of $1.06 million.
Serve Robotics Inc (SERV) Insider Activity
The most recent transaction is an insider sale by Abraham Euan, the company’s Chief Hardware & Mftg Offcr. SEC filings show that Abraham Euan sold 380 shares of the company’s common stock on Mar 19 ’25 at a price of $7.37 per share for a total of $2801.0. Following the sale, the insider now owns 0.15 million shares.
Serve Robotics Inc disclosed in a document filed with the SEC on Mar 19 ’25 that Parang Touraj (President & COO) sold a total of 546 shares of the company’s common stock. The trade occurred on Mar 19 ’25 and was made at $7.31 per share for $3993.0. Following the transaction, the insider now directly holds 1.16 million shares of the SERV stock.
Still, SEC filings show that on Mar 19 ’25, Kashani Ali (Chief Executive Officer) disposed off 2,055 shares at an average price of $7.37 for $15145.0. The insider now directly holds 3,226,797 shares of Serve Robotics Inc (SERV).
