SoundHound AI, Inc. (NASDAQ:SOUNW) Shares Bought by Jane Street Group LLC

Jane Street Group LLC increased its stake in SoundHound AI, Inc. (NASDAQ:SOUNW) by 13.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,155 shares of the company’s stock after purchasing an additional 9,174 shares during the quarter. Jane Street Group LLC’s holdings in SoundHound AI were worth $915,000 at the end of the most recent quarter.

SoundHound AI Trading Down 0.5%

Shares of NASDAQ SOUNW opened at $4.19 on Friday. SoundHound AI, Inc. has a 12 month low of $1.25 and a 12 month high of $21.50. The company has a 50-day simple moving average of $3.87 and a 200-day simple moving average of $5.76.

About SoundHound AI

SoundHound AI, Inc develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.