SoundHound AI (NASDAQ:SOUN) SVP Majid Emami Sells 31,019 Shares of Stock

SoundHound AI, Inc. (NASDAQ:SOUN) SVP Majid Emami sold 31,019 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $6.79, for a total value of $210,619.01. Following the completion of the transaction, the senior vice president owned 501,826 shares in the company, valued at $3,407,398.54. This represents a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Majid Emami also recently made the following trade(s):

• On Friday, December 26th, Majid Emami sold 32,741 shares of SoundHound AI stock. The stock was sold at an average price of $10.66, for a total value of $349,019.06.

SoundHound AI Trading Up 1.9%

NASDAQ SOUN opened at $6.48 on Thursday. SoundHound AI, Inc. has a 12 month low of $6.34 and a 12 month high of $22.17. The stock has a 50-day simple moving average of $8.39 and a 200 day simple moving average of $12.17. The company has a market capitalization of $2.74 billion, a PE ratio of -129.57 and a beta of 2.65.

SoundHound AI (NASDAQ:SOUN) last issued its earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). The firm had revenue of $55.06 million for the quarter, compared to analysts’ expectations of $53.88 million. SoundHound AI had a negative return on equity of 3.63% and a negative net margin of 8.71%.The company’s revenue was up 59.4% compared to the same quarter last year. During the same quarter last year, the business earned ($0.05) earnings per share. As a group, sell-side analysts predict that SoundHound AI, Inc. will post -0.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. DA Davidson set a $14.00 price objective on shares of SoundHound AI in a report on Thursday, January 8th. LADENBURG THALM/SH SH upgraded shares of SoundHound AI to a “strong-buy” rating in a report on Thursday, December 18th. Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. HC Wainwright decreased their price target on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Finally, Cantor Fitzgerald raised shares of SoundHound AI from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $13.00 to $15.00 in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, SoundHound AI presently has an average rating of “Moderate Buy” and an average target price of $14.93.

Hedge Funds Weigh In On SoundHound AI

Several institutional investors have recently modified their holdings of SOUN. Danske Bank A S bought a new stake in SoundHound AI during the 3rd quarter worth approximately $26,000. Investors Research Corp raised its holdings in SoundHound AI by 62.4% during the 3rd quarter. Investors Research Corp now owns 1,822 shares of the company’s stock worth $29,000 after buying an additional 700 shares during the period. Financial Consulate Inc. bought a new position in SoundHound AI in the third quarter valued at approximately $32,000. Sound Income Strategies LLC lifted its stake in SoundHound AI by 37.3% in the third quarter. Sound Income Strategies LLC now owns 2,116 shares of the company’s stock valued at $34,000 after buying an additional 575 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SoundHound AI by 83.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock valued at $25,000 after buying an additional 1,060 shares during the period. Institutional investors own 19.28% of the company’s stock.

Key SoundHound AI News

Here are the key news stories impacting SoundHound AI this week:

• Positive Sentiment: Analyst/feature pieces highlight SoundHound’s long‑term opportunity in voice‑powered, agentic AI, reinforcing the growth narrative for patient investors. 2 Tech Stocks Most Investors Haven’t Heard of That Could Go Parabolic
• Neutral Sentiment: Comparative write‑ups (e.g., BigBear.ai vs SoundHound) analyze relative survivability in the AI sell‑off — useful context but not an immediate catalyst. BigBear.ai vs. SoundHound AI: One Is Surviving the AI Sell-Off. The Other Isn’t.
• Neutral Sentiment: Short‑interest data reported for March appears to show zero shares and NaN changes — likely a reporting/data artifact. This creates no clear short‑pressure signal today. (Multiple short‑interest updates were posted by data services.)
• Negative Sentiment: Material insider selling on Mar. 20: CEO Keyvan Mohajer, CFO Nitesh Sharan, COO Michael Zagorsek, CTO Timothy Stonehocker, SVP Majid Emami, and others sold blocks at an average price near $6.79 — large coordinated sales by senior executives often spook investors and signal near‑term supply pressure. Example SEC filing for the CEO sale: CEO Insider Sale SEC Filing
• Negative Sentiment: High‑profile skepticism: Jim Cramer publicly called SoundHound a “continual money loser” on Mad Money — negative media commentary from influential commentators can amplify selling pressure. Jim Cramer on SoundHound AI
• Negative Sentiment: Sector competition/news hit: a Yahoo Markets roundup flagged AI assistants (Anthropic’s Claude adding device control) as triggering a sell‑off in related AI names, including SoundHound — increasing competitive risk and shorter‑term downward pressure. Health Catalyst, Asure Software, GitLab, Zeta Global, and SoundHound AI Shares Plummet

SoundHound AI Company Profile

SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.

The company’s core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities.