SoundHound AI (NASDAQ:SOUN) CTO Sells $140,262.92 in Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 18,802 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $7.46, for a total value of $140,262.92. Following the transaction, the chief technology officer owned 502,290 shares in the company, valued at approximately $3,747,083.40. The trade was a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Friday, March 20th, Timothy Stonehocker sold 23,087 shares of SoundHound AI stock. The shares were sold at an average price of $6.79, for a total value of $156,760.73.

SoundHound AI Stock Performance

Shares of SoundHound AI stock 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 has a market cap of $3.08 billion, a P/E ratio of -15.15 and a beta of 2.56. The company’s fifty day simple moving average is $7.95 and its two-hundred day simple moving average is $8.77.

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

Key SoundHound AI News

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

• Positive Sentiment: SoundHound AI agreed to acquire LivePerson for $100 million, a move that could broaden its conversational AI footprint and expand its product ecosystem. The company also launched its OASYS agentic AI platform, which strengthens its long-term growth narrative in voice and chat AI. SoundHound AI (SOUN) Buys LivePerson For $100 Million And Launches OASYS
• Positive Sentiment: The company released research showing 96% of organizations said agentic AI deployments met or exceeded ROI expectations, supporting the investment case for SoundHound’s AI offerings and enterprise adoption trends. Research Finds 96% of Organizations Report that Agentic AI Deployments Met or Exceeded ROI Expectations in 2026
• Positive Sentiment: Coverage highlighted continued momentum in restaurant AI rollouts, including drive-thru automation and cross-selling opportunities, which suggests another potential growth avenue for SoundHound’s revenue base. SoundHound’s Drive-Thru AI Shows ROI: Can Restaurant Rollouts Scale?
• Neutral Sentiment: The stock also drew attention after a report said it may be undervalued versus its longer-term prospects, but investors remain split given recent volatility and valuation concerns. SoundHound AI (SOUN) Stock Could Be 50.3% Undervalued Despite Its Recent Share Price Slide
• Negative Sentiment: Multiple insiders, including the CEO, COO, CTO and other executives, sold shares in recent filings. While the company said the sales were tied to tax withholding on equity awards, the size and number of transactions may still weigh on sentiment. SoundHound AI (NASDAQ:SOUN) CTO Timothy Stonehocker Sells 18,802 Shares

Analysts Set New Price Targets

SOUN has been the subject of a number of recent research reports. DA Davidson reissued a “buy” rating and set a $14.00 price objective on shares of SoundHound AI in a research report on Wednesday, April 22nd. HC Wainwright cut their price objective 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. Weiss Ratings restated a “sell (e+)” rating on shares of SoundHound AI in a research report on Monday. LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Piper Sandler reissued a “neutral” rating and set a $9.00 price objective (down from $11.00) on shares of SoundHound AI in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $14.93.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of SoundHound AI by 4.4% in the 4th quarter. Vanguard Group Inc. now owns 45,367,437 shares of the company’s stock valued at $452,313,000 after acquiring an additional 1,909,868 shares during the period. Rakuten Securities Inc. raised its position in SoundHound AI by 877.9% during the fourth quarter. Rakuten Securities Inc. now owns 333,605 shares of the company’s stock valued at $3,326,000 after acquiring an additional 299,492 shares in the last quarter. Clear Street Group Inc. purchased a new position in shares of SoundHound AI during the 3rd quarter valued at approximately $12,944,000. UBS Group AG increased its holdings in SoundHound AI by 77.6% in the fourth quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock valued at $61,059,000 after buying an additional 2,676,707 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in SoundHound AI by 140.5% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 266,576 shares of the company’s stock worth $2,826,000 after purchasing an additional 155,743 shares during the period. 19.28% of the stock is owned by institutional investors.

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.