Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) saw some unusual options trading on Wednesday. Stock investors purchased 15,067 call options on the stock. This represents an increase of 88% compared to the typical daily volume of 8,008 call options.
Analyst Upgrades and Downgrades
Separately, Aegis upgraded shares of Serve Robotics to a “strong-buy” rating in a report on Wednesday, July 24th.
View Our Latest Report on SERV
Serve Robotics Stock Performance
Serve Robotics (NASDAQ:SERV – Get Free Report) last announced its earnings results on Wednesday, May 15th. The company reported ($0.37) EPS for the quarter. The firm had revenue of $0.95 million during the quarter. As a group, research analysts forecast that Serve Robotics will post -0.86 EPS for the current fiscal year.
Institutional Trading of Serve Robotics
A hedge fund recently bought a new stake in Serve Robotics stock. PFG Investments LLC bought a new position in Serve Robotics Inc. (NASDAQ:SERV – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 56,408 shares of the company’s stock, valued at approximately $110,000. PFG Investments LLC owned approximately 0.15% of Serve Robotics at the end of the most recent reporting period.
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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