Keyvan Mohajer Sells 126,540 Shares of SoundHound AI (NASDAQ:SOUN) Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CEO Keyvan Mohajer sold 126,540 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $7.46, for a total value of $943,988.40. Following the completion of the sale, the chief executive officer owned 1,947,237 shares of the company’s stock, valued at approximately $14,526,388.02. This trade represents a 6.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Keyvan Mohajer also recently made the following trade(s):

• On Friday, March 20th, Keyvan Mohajer sold 124,510 shares of SoundHound AI stock. The stock was sold at an average price of $6.79, for a total transaction of $845,422.90.

SoundHound AI Stock Up 2.3%

Shares of NASDAQ:SOUN opened at $7.12 on Friday. SoundHound AI, Inc. has a 12 month low of $5.83 and a 12 month high of $22.17. The company’s 50-day moving average price is $7.94 and its two-hundred day moving average price is $8.78. The firm has a market cap of $3.08 billion, a P/E ratio of -15.15 and a beta of 2.56.

SoundHound AI (NASDAQ:SOUN) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01). SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 40.15%. The company had revenue of $44.20 million during the quarter, compared to analyst estimates of $42.56 million. During the same quarter in the previous year, the business posted ($0.06) EPS. The company’s revenue was up 51.7% compared to the same quarter last year. As a group, equities analysts predict that SoundHound AI, Inc. will post -0.45 earnings per share for the current fiscal year.

SoundHound AI News Summary

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

• Positive Sentiment: SoundHound highlighted new research showing 96% of organizations say agentic AI deployments met or exceeded ROI expectations, reinforcing the company’s opportunity in enterprise voice and customer-service automation. Article: Research Finds 96% of Organizations Report that Agentic AI Deployments Met or Exceeded ROI Expectations in 2026
• Positive Sentiment: Coverage on SoundHound’s drive-thru AI business said restaurant rollouts are showing ROI, with cross-selling and Voice Insight adoption supporting broader commercialization. Article: SoundHound’s Drive-Thru AI Shows ROI: Can Restaurant Rollouts Scale?
• Positive Sentiment: One market commentary argued SOUN could be materially undervalued despite recent weakness, suggesting investors still see upside if growth continues. Article: SoundHound AI (SOUN) Stock Could Be 50.3% Undervalued Despite Its Recent Share Price Slide
• Neutral Sentiment: SoundHound’s stock also outpaced the broader market in the latest session, reflecting renewed trading interest after the recent slide. Article: SoundHound AI, Inc. (SOUN) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: Multiple executives sold shares on June 15, but the company said the transactions were tied to tax withholding from vested equity awards, making them less alarming than open-market selling. Article: SoundHound AI (NASDAQ:SOUN) CTO Timothy Stonehocker Sells 18,802 Shares
• Negative Sentiment: Retail coverage noted concern about insider share disposals and rising losses, which can weigh on sentiment in a stock already seen as volatile. Article: SOUN Stock Eyes Worst Month This Year: Insider Share Disposals At SoundHound AI Draw Retail Attention

Hedge Funds Weigh In On SoundHound AI

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in SoundHound AI by 4.4% during the 4th quarter. Vanguard Group Inc. now owns 45,367,437 shares of the company’s stock worth $452,313,000 after acquiring an additional 1,909,868 shares during the period. Geode Capital Management LLC lifted its stake in shares of SoundHound AI by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 9,180,321 shares of the company’s stock valued at $91,543,000 after purchasing an additional 273,097 shares during the period. Morgan Stanley boosted its position in shares of SoundHound AI by 48.1% in the 4th quarter. Morgan Stanley now owns 8,987,522 shares of the company’s stock worth $89,606,000 after purchasing an additional 2,917,280 shares during the last quarter. State Street Corp boosted its position in shares of SoundHound AI by 0.9% in the 4th quarter. State Street Corp now owns 8,691,235 shares of the company’s stock worth $86,652,000 after purchasing an additional 80,908 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of SoundHound AI by 77.6% during the fourth quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock worth $61,059,000 after purchasing an additional 2,676,707 shares during the period. 19.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on SOUN. LADENBURG THALM/SH SH upgraded shares of SoundHound AI to a “strong-buy” rating in a research report on Wednesday, May 6th. DA Davidson reissued a “buy” rating and issued a $14.00 target price on shares of SoundHound AI in a research note on Wednesday, April 22nd. Piper Sandler restated a “neutral” rating and set a $9.00 target price (down from $11.00) on shares of SoundHound AI in a research report on Friday, February 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SoundHound AI in a research note on Monday. Finally, HC Wainwright decreased 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. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, SoundHound AI presently has an average rating of “Moderate Buy” and a consensus price target of $14.93.

About SoundHound AI

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.