Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Serve Robotics (NASDAQ:SERV) Director Touraj Parang, also the President & COO, sold 5,565 shares of common stock on August 5, 2025, at a price of $10.64, according to a Form 4 filing with the Securities and Exchange Commission.
The total value of the shares sold by Parang amounted to $59,211. Following the transaction, Parang directly owns 1,419,106 shares of Serve Robotics Inc., which maintains a strong liquidity position with current assets significantly exceeding short-term obligations.
The sale was executed to cover tax obligations related to the settlement of vested restricted stock units. With the company’s next earnings report due on August 7, investors can access comprehensive analysis and 12 additional key insights through InvestingPro.
In other recent news, Serve Robotics Inc. reported a substantial revenue increase for the first quarter of 2025, with a 150% sequential growth, reaching $440,000. Despite this revenue surge, the company posted a larger-than-expected loss, with an earnings per share (EPS) of -$0.16. The financial results did not meet market expectations, impacting investor sentiment. Additionally, Serve Robotics has expanded its autonomous delivery service to the Atlanta metro area, marking its fourth major market after Los Angeles, Miami, and Dallas-Fort Worth. This expansion is part of its ongoing partnership with Uber (NYSE:UBER) Eats. Furthermore, the company announced a partnership with Little Caesars (NASDAQ:CZR) to offer autonomous robot delivery in Los Angeles through the Uber Eats platform. The partnership allows Little Caesars customers to receive their orders via Serve’s third-generation robots, which can carry multiple large pizzas while maintaining food temperature. The company’s national delivery partnership with Shake Shack (NYSE:SHAK) will also extend to Atlanta, integrating with Uber Eats for local restaurant deliveries.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.