SoundHound AI (NASDAQ:SOUN) CTO Timothy Stonehocker Sells 2,121 Shares of Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 2,121 shares of SoundHound AI stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $10.97, for a total transaction of $23,267.37. Following the transaction, the chief technology officer owned 573,855 shares in the company, valued at approximately $6,295,189.35. The trade was a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Monday, December 22nd, Timothy Stonehocker sold 31,329 shares of SoundHound AI stock. The shares were sold at an average price of $11.28, for a total value of $353,391.12.
• On Wednesday, October 8th, Timothy Stonehocker sold 70,524 shares of SoundHound AI stock. The stock was sold at an average price of $20.00, for a total value of $1,410,480.00.

SoundHound AI Trading Down 2.7%

Shares of SOUN stock opened at $10.41 on Tuesday. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of -12.39 and a beta of 2.63. SoundHound AI, Inc. has a 1-year low of $6.52 and a 1-year high of $23.50. The stock’s fifty day simple moving average is $13.21 and its 200-day simple moving average is $13.47.

SoundHound AI (NASDAQ:SOUN) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.06. The firm had revenue of $42.05 million during 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%.The business’s quarterly revenue was up 67.6% compared to the same quarter last year. During the same period last year, the company posted ($0.04) EPS. On average, sell-side analysts predict that SoundHound AI, Inc. will post -0.38 EPS for the current year.

More SoundHound AI News

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

• Positive Sentiment: Cantor Fitzgerald upgraded SoundHound, citing progress in its voice and conversational-AI service development — a potential catalyst for investor interest and institutional flows. Cantor Fitzgerald Upgrade
• Positive Sentiment: MarketBeat featured SoundHound as one of three “application-layer” AI pure plays, highlighting scale after the Amelia acquisition, projected 2025 revenue growth, and management’s roadmap toward break-even — supportive for longer-term fundamentals. Application-Layer Rotation
• Neutral Sentiment: Several bullish analyst/commentary pieces (Motley Fool features) highlight SoundHound’s opportunity in voice-powered AI agents and enterprise traction, but they are thematic and longer?term in nature rather than immediate catalysts. Fool: Second Derivative AI Stocks
• Neutral Sentiment: Market headlines grouping multiple tech names (e.g., “MongoDB, AppLovin, and SoundHound AI Stocks Trade Down”) note sector/rotation selling pressure — helpful context for intraday weakness but not company-specific negative news. Sector Headline
• Negative Sentiment: Heavy insider selling disclosed this week: CEO Keyvan Mohajer, CFO Nitesh Sharan, COO Michael Zagorsek, CTO Timothy Stonehocker, and other insiders reported multiple sales (large blocks on Dec. 22–26 at ~$10.66–$11.28). Collective insider supply and percentage ownership reductions are likely a near-term headwind for sentiment. (Example filing for CEO sale) SEC Filing — CEO Sale
• Negative Sentiment: Contrasting coverage includes cautionary takes about valuation/speculation in pure?play AI names — reminders that momentum can reverse if revenue/profitability targets slip. Fool Warning

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SOUN shares. HC Wainwright lifted their target price on shares of SoundHound AI from $18.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Wedbush reissued an “outperform” rating and set a $16.00 price objective on shares of SoundHound AI in a research report on Thursday, September 11th. 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 note on Friday, December 12th. Oppenheimer assumed coverage on SoundHound AI in a research note on Thursday, September 11th. They set a “market perform” rating for the company. Finally, DA Davidson reissued a “buy” rating and issued a $17.00 price target on shares of SoundHound AI in a research note on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, SoundHound AI presently has an average rating of “Moderate Buy” and a consensus target price of $17.07.

Institutional Trading of SoundHound AI

Institutional investors and hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in shares of SoundHound AI by 83.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock valued at $25,000 after acquiring an additional 1,060 shares during the last quarter. Danske Bank A S bought a new stake in SoundHound AI during the third quarter worth approximately $26,000. Advisors Asset Management Inc. grew its holdings in SoundHound AI by 68.4% during the second quarter. Advisors Asset Management Inc. now owns 2,519 shares of the company’s stock valued at $27,000 after purchasing an additional 1,023 shares during the last quarter. Investors Research Corp raised its position in shares of SoundHound AI by 62.4% in the third quarter. Investors Research Corp now owns 1,822 shares of the company’s stock valued at $29,000 after purchasing an additional 700 shares during the period. Finally, AlphaQuest LLC acquired a new stake in shares of SoundHound AI in the first quarter worth $32,000. Institutional investors and hedge funds own 19.28% of the company’s stock.

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.