Majid Emami Sells 28,843 Shares of SoundHound AI (NASDAQ:SOUN) Stock

SoundHound AI, Inc. (NASDAQ:SOUN) SVP Majid Emami sold 28,843 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 $215,168.78. Following the completion of the sale, the senior vice president directly owned 472,983 shares in the company, valued at approximately $3,528,453.18. This represents a 5.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Majid Emami also recently made the following trade(s):

• On Friday, March 20th, Majid Emami sold 31,019 shares of SoundHound AI stock. The stock was sold at an average price of $6.79, for a total value of $210,619.01.

SoundHound AI Stock Up 2.3%

Shares of SOUN stock opened at $7.12 on Friday. SoundHound AI, Inc. has a twelve month low of $5.83 and a twelve 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 business has a fifty day simple moving average of $7.94 and a 200 day simple moving average of $8.78.

SoundHound AI (NASDAQ:SOUN) last released 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 business had revenue of $44.20 million during the quarter, compared to analyst estimates of $42.56 million. During the same period last year, the business earned ($0.06) earnings per share. The business’s quarterly revenue was up 51.7% compared to the same quarter last year. As a group, equities research analysts anticipate that SoundHound AI, Inc. will post -0.45 earnings per share for the current fiscal year.

Institutional Trading of SoundHound AI

A number of hedge funds have recently made changes to their positions in SOUN. EP Wealth Advisors LLC grew its holdings in shares of SoundHound AI by 5.3% during the second quarter. EP Wealth Advisors LLC now owns 14,100 shares of the company’s stock worth $151,000 after purchasing an additional 706 shares during the last quarter. Newbridge Financial Services Group Inc. raised its holdings in SoundHound AI by 2.7% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 31,880 shares of the company’s stock valued at $513,000 after buying an additional 830 shares during the last quarter. Insigneo Advisory Services LLC raised its holdings in SoundHound AI by 7.4% in the 3rd quarter. Insigneo Advisory Services LLC now owns 12,416 shares of the company’s stock valued at $200,000 after buying an additional 858 shares during the last quarter. Clear Creek Financial Management LLC boosted its position in SoundHound AI by 1.6% during the 4th quarter. Clear Creek Financial Management LLC now owns 58,091 shares of the company’s stock worth $579,000 after buying an additional 941 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in SoundHound AI by 15.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,127 shares of the company’s stock worth $115,000 after buying an additional 956 shares during the period. 19.28% of the stock is owned by institutional investors and hedge funds.

Key SoundHound AI News

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

Analyst Upgrades and Downgrades

SOUN has been the topic of several research reports. DA Davidson reaffirmed a “buy” rating and set a $14.00 price target on shares of SoundHound AI in a report on Wednesday, April 22nd. LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a research note on Wednesday, May 6th. Weiss Ratings restated a “sell (e+)” rating on shares of SoundHound AI in a research report on Monday. HC Wainwright decreased their target price on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Finally, Piper Sandler reiterated a “neutral” rating and set a $9.00 price target (down from $11.00) on shares of SoundHound AI in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently 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.