Majid Emami Sells 42,600 Shares of SoundHound AI (NASDAQ:SOUN) Stock

SoundHound AI, Inc. (NASDAQ:SOUN) SVP Majid Emami sold 42,600 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $11.28, for a total transaction of $480,528.00. Following the completion of the transaction, the senior vice president directly owned 565,586 shares of the company’s stock, valued at approximately $6,379,810.08. The trade was a 7.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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.
• On Wednesday, October 8th, Majid Emami sold 41,167 shares of SoundHound AI stock. The shares were sold at an average price of $20.00, for a total value of $823,340.00.

SoundHound AI Stock Performance

Shares of SoundHound AI stock opened at $10.04 on Wednesday. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of -11.95 and a beta of 2.63. The stock has a 50 day moving average price of $13.04 and a 200-day moving average price of $13.48. SoundHound AI, Inc. has a one year low of $6.52 and a one year high of $22.85.

SoundHound AI (NASDAQ:SOUN) last released its quarterly earnings results on Thursday, November 6th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.06. The company had revenue of $42.05 million for the quarter, compared to analyst estimates of $40.48 million. SoundHound AI had a negative return on equity of 93.64% and a negative net margin of 211.16%.SoundHound AI’s quarterly revenue was up 67.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.04) EPS. Sell-side analysts predict that SoundHound AI, Inc. will post -0.38 earnings per share for the current fiscal year.

More SoundHound AI News

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

• Positive Sentiment: Cantor Fitzgerald upgraded SOUN to overweight, citing traction in voice and conversational AI services — a potential institutional catalyst. Read More.
• Positive Sentiment: MarketBeat and other feature pieces position SoundHound as an “application?layer” AI pure play after the Amelia acquisition and projected revenue scale, reinforcing the narrative that SoundHound can monetize voice/agent AI beyond chip vendors. Read More.
• Positive Sentiment: Recent quarterly results showed accelerating revenue (strong year?over?year growth and an EPS beat) — evidence management can grow top line while mapping a path toward break?even, which supports medium?term fundamentals. Read More.
• Neutral Sentiment: Zacks notes meaningful automotive headwinds (tariffs, sector softness) but argues rising enterprise AI adoption could offset that pressure in 2026 — a mixed thesis that keeps upside conditional on enterprise wins. Read More.
• Neutral Sentiment: The stock is also getting thematic coverage (Motley Fool pieces) highlighting the long?term opportunity in voice AI; these are strategic/long?term narratives rather than immediate catalysts. Read More.
• Neutral Sentiment: Broad sector/rotation headlines have grouped SoundHound with other tech names trading down today, adding intraday selling pressure that is not specific to company fundamentals. Read More.
• Negative Sentiment: Significant insider selling was disclosed this week: CEO, CFO, COO, CTO and other senior executives sold large blocks (Dec. 22–26, ~$10.66–$11.28 average). The scale and concentration of sales is a clear near?term sentiment headwind. Read More.
• Negative Sentiment: Counterpoints in the press warn about valuation/speculation risks in pure?play AI names; if execution or growth targets slip, momentum could reverse. Read More.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SOUN. DA Davidson reiterated a “buy” rating and set a $17.00 price target on shares of SoundHound AI in a report on Tuesday, November 18th. Cantor Fitzgerald upgraded SoundHound AI from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $13.00 to $15.00 in a research report on Friday, December 12th. Wedbush reiterated an “outperform” rating and issued a $16.00 price target on shares of SoundHound AI in a report on Thursday, September 11th. Oppenheimer initiated coverage on SoundHound AI in a report on Thursday, September 11th. They set a “market perform” rating for the company. Finally, LADENBURG THALM/SH SH upgraded SoundHound AI to a “strong-buy” rating in a research note on Thursday, December 18th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, SoundHound AI has a consensus rating of “Moderate Buy” and an average target price of $17.07.

Institutional Trading of SoundHound AI

A number of large investors have recently modified their holdings of SOUN. Northern Trust Corp grew its position in shares of SoundHound AI by 2.5% in the 1st quarter. Northern Trust Corp now owns 2,979,011 shares of the company’s stock worth $24,190,000 after buying an additional 72,766 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in SoundHound AI in the second quarter valued at approximately $3,696,000. First Manhattan CO. LLC. purchased a new position in SoundHound AI in the first quarter worth $985,000. Driehaus Capital Management LLC increased its position in shares of SoundHound AI by 20.6% during the first quarter. Driehaus Capital Management LLC now owns 998,481 shares of the company’s stock worth $8,108,000 after purchasing an additional 170,786 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of SoundHound AI by 14.0% during the 2nd quarter. Osaic Holdings Inc. now owns 498,691 shares of the company’s stock valued at $5,351,000 after purchasing an additional 61,212 shares during the last quarter. Hedge funds and other institutional investors own 19.28% of the company’s stock.

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.