SoundHound AI (NASDAQ:SOUN) Director Diana Sroka Sells 1,343 Shares

SoundHound AI, Inc. (NASDAQ:SOUN) Director Diana Sroka sold 1,343 shares of the business’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $10.88, for a total transaction of $14,611.84. Following the completion of the transaction, the director owned 151,263 shares of the company’s stock, valued at approximately $1,645,741.44. This represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Diana Sroka also recently made the following trade(s):

• On Thursday, November 13th, Diana Sroka sold 1,343 shares of SoundHound AI stock. The shares were sold at an average price of $12.99, for a total transaction of $17,445.57.

SoundHound AI Stock Performance

Shares of SoundHound AI stock opened at $10.41 on Tuesday. The firm has a 50-day simple moving average of $13.21 and a two-hundred day simple moving average of $13.47. SoundHound AI, Inc. has a fifty-two week low of $6.52 and a fifty-two week high of $23.50. The company has a market cap of $4.37 billion, a P/E ratio of -12.39 and a beta of 2.63.

SoundHound AI (NASDAQ:SOUN) last posted its earnings results on Thursday, November 6th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.06. The firm had revenue of $42.05 million for the quarter, compared to analysts’ expectations of $40.48 million. SoundHound AI had a negative return on equity of 93.64% and a negative net margin of 211.16%.The company’s quarterly revenue was up 67.6% on a year-over-year basis. During the same period last year, the firm earned ($0.04) EPS. Equities research analysts forecast that SoundHound AI, Inc. will post -0.38 EPS for the current year.

SoundHound AI News Summary

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Oppenheimer assumed coverage on SoundHound AI in a research report on Thursday, September 11th. They set a “market perform” rating on the stock. DA Davidson reaffirmed a “buy” rating and set a $17.00 price objective on shares of SoundHound AI in a report on Tuesday, November 18th. Cantor Fitzgerald raised shares of SoundHound AI from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $13.00 to $15.00 in a research note on Friday, December 12th. Piper Sandler raised their price target on shares of SoundHound AI from $12.00 to $15.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of SoundHound AI in a report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.07.

Hedge Funds Weigh In On SoundHound AI

Several hedge funds and other institutional investors have recently modified their holdings of the business. Danske Bank A S purchased a new stake in SoundHound AI during the 3rd quarter valued at about $26,000. Investors Research Corp grew 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 in the last quarter. Financial Consulate Inc. acquired a new stake in shares of SoundHound AI in the third quarter valued at approximately $32,000. Sound Income Strategies LLC increased its holdings in shares of SoundHound AI by 37.3% in the third quarter. Sound Income Strategies LLC now owns 2,116 shares of the company’s stock valued at $34,000 after purchasing an additional 575 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in SoundHound AI by 83.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock worth $25,000 after buying an additional 1,060 shares in the last quarter. 19.28% of the stock is owned by hedge funds and other 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.