SoundHound AI (NASDAQ:SOUN) CTO Sells $156,760.73 in Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 23,087 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $6.79, for a total transaction of $156,760.73. Following the completion of the transaction, the chief technology officer owned 521,092 shares of the company’s stock, valued at $3,538,214.68. This represents a 4.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Timothy Stonehocker also recently made the following trade(s):

• On Friday, January 9th, Timothy Stonehocker sold 29,676 shares of SoundHound AI stock. The stock was sold at an average price of $12.00, for a total value of $356,112.00.

SoundHound AI Stock Performance

SoundHound AI stock opened at $5.90 on Friday. The company has a market capitalization of $2.49 billion, a P/E ratio of -117.98 and a beta of 2.65. SoundHound AI, Inc. has a fifty-two week low of $5.86 and a fifty-two week high of $22.17. The stock has a 50-day simple moving average of $8.19 and a 200-day simple moving average of $12.06.

SoundHound AI (NASDAQ:SOUN) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.02). The company had revenue of $55.06 million during 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 firm’s revenue for the quarter was up 59.4% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.05) earnings per share. As a group, analysts forecast that SoundHound AI, Inc. will post -0.38 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on SOUN shares. DA Davidson set a $14.00 price objective on shares of SoundHound AI in a research report on Thursday, January 8th. Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Piper Sandler reiterated a “neutral” rating and set a $9.00 target price (down from $11.00) on shares of SoundHound AI in a research note on Friday, February 27th. HC Wainwright lowered their price target on SoundHound AI from $26.00 to $20.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, Cantor Fitzgerald upgraded 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 research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.93.

Hedge Funds Weigh In On SoundHound AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC purchased a new position in SoundHound AI during the 4th quarter worth $110,000. Rockefeller Capital Management L.P. boosted its holdings in shares of SoundHound AI by 3.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 179,327 shares of the company’s stock valued at $1,788,000 after acquiring an additional 6,096 shares in the last quarter. SHP Wealth Management acquired a new position in shares of SoundHound AI during the fourth quarter worth about $27,000. Virtu Financial LLC increased its stake in shares of SoundHound AI by 43.9% during the fourth quarter. Virtu Financial LLC now owns 219,773 shares of the company’s stock worth $2,191,000 after acquiring an additional 67,088 shares during the period. Finally, Alpine Woods Capital Investors LLC raised its holdings in SoundHound AI by 143.0% during the fourth quarter. Alpine Woods Capital Investors LLC now owns 50,742 shares of the company’s stock worth $506,000 after purchasing an additional 29,857 shares in the last quarter. 19.28% of the stock is currently owned by hedge funds and other institutional investors.

SoundHound AI News Roundup

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

• Positive Sentiment: Aragon Research named SoundHound a leader for agent platforms, highlighting its omnichannel agentic AI and enterprise automation — a validation of the company’s product roadmap that supports long‑term growth expectations. Aragon Research Globe report
• Positive Sentiment: Feature stories (Motley Fool) highlight SoundHound’s doubled revenue in 2025 and traction for voice/agentic AI across industries, reinforcing a growth narrative that could attract patient, long‑term investors. Fool: $7 stock looks like a steal
• Neutral Sentiment: Analyst consensus price target sits near $14.93 — a reminder of longer‑term analyst optimism, but the level is far above the current market price and not an immediate catalyst. Consensus target report
• Neutral Sentiment: Market coverage and hedge‑fund filings show increased institutional positions (e.g., Goldman Sachs, RBC), which provides liquidity and can stabilize the share register over time but doesn’t eliminate short‑term volatility. MarketBeat coverage
• Negative Sentiment: Significant coordinated insider selling by multiple senior executives (CEO, CFO, COO, CTO, SVP) — disclosed filings show blocks sold around the ~$6.79 level on Mar. 20 — which often triggers investor concern about near‑term share supply and confidence. Example filings and coverage: SEC filing (CEO sale), Insider sales coverage
• Negative Sentiment: An analyst/price‑target update trimmed the target by ~10.3% to $14.92, signaling some analyst reassessment that can weigh on sentiment despite still‑elevated longer‑term targets. Price‑target decrease article
• Negative Sentiment: High‑profile negative commentary (Jim Cramer calling the company a “continual money loser”) and sector headlines about competing AI assistants have amplified selling pressure and contributed to today’s decline. Jim Cramer commentary
• Negative Sentiment: Recent intraday/close reports show sharper downside moves versus the broader market — reflecting the combined effect of sector weakness, headlines and insider sales. Yahoo Markets drop coverage

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.