Serve Robotics CFO Anthony Armenta Sells $35,000 in Shares Amid Positive Q4 2025 Earnings
Anthony Armenta, Chief Software & Data Officer of Serve Robotics Inc. (NASDAQ:SERV), sold 3,567 shares on March 13, 2026, for $35,027 to cover tax obligations. Post-sale, he holds 540,919 shares. Serve Robotics reported Q4 2025 revenues of $0.9 million, a 400% increase year-over-year, and total 2025 revenues of $2.7 million, exceeding forecasts. Despite a negative EPS of -$0.34, the results led to price target increases by Freedom Capital Markets and Oppenheimer, reflecting confidence in the company's growth.
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Anthony Armenta, Chief Software & Data Officer of Serve Robotics Inc. (NASDAQ:SERV), sold 3,567 shares at $9.82 each on March 13, 2026, totaling $35,027. Following the transaction, he retains 540,919 shares.
The sale was to meet tax obligations from restricted stock units. Serve Robotics reported a significant revenue increase for Q4 2025, reaching $0.9 million, up 400% year-over-year, with total revenues for 2025 at $2.7 million, surpassing the $2.5 million forecast.
Despite a negative EPS of -$0.34, the market reacted positively. Freedom Capital Markets raised its price target to $18 from $16, while Oppenheimer maintained a $20 target, citing improved bot utilization and integration of Diligent Robotics. Serve Robotics also raised its 2026 forecasts, indicating confidence in ongoing growth.
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