SoundHound AI (NASDAQ:SOUN) CTO Timothy Stonehocker Sells 31,329 Shares of Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 31,329 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $11.28, for a total transaction of $353,391.12. Following the sale, the chief technology officer directly owned 575,976 shares of the company’s stock, valued at approximately $6,497,009.28. The trade was a 5.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Wednesday, December 24th, Timothy Stonehocker sold 2,121 shares of SoundHound AI stock. The stock was sold at an average price of $10.97, for a total value of $23,267.37.
• 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 Stock Performance

Shares of SOUN opened at $10.41 on Tuesday. The company has a market cap of $4.37 billion, a price-to-earnings ratio of -12.39 and a beta of 2.63. The stock has a fifty day moving average price of $13.21 and a two-hundred day moving average price of $13.47. SoundHound AI, Inc. has a 52-week low of $6.52 and a 52-week high of $23.50.

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Cantor Fitzgerald raised shares of SoundHound AI from a “neutral” rating to an “overweight” rating and increased their price target for the company from $13.00 to $15.00 in a research note on Friday, December 12th. DA Davidson reiterated a “buy” rating and issued a $17.00 price objective on shares of SoundHound AI in a research report on Tuesday, November 18th. Wedbush reissued an “outperform” rating and issued a $16.00 target price on shares of SoundHound AI in a research note on Thursday, September 11th. LADENBURG THALM/SH SH raised SoundHound AI to a “strong-buy” rating in a research note on Thursday, December 18th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of SoundHound AI in a research report on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, SoundHound AI currently has a consensus rating of “Moderate Buy” and an average price target of $17.07.

Key Headlines Impacting SoundHound AI

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SOUN. Vanguard Group Inc. boosted its position in shares of SoundHound AI by 16.4% in the 3rd quarter. Vanguard Group Inc. now owns 43,457,569 shares of the company’s stock worth $698,798,000 after purchasing an additional 6,132,648 shares during the last quarter. Geode Capital Management LLC boosted its holdings in SoundHound AI by 8.3% during the second quarter. Geode Capital Management LLC now owns 8,830,144 shares of the company’s stock worth $94,759,000 after buying an additional 679,436 shares during the last quarter. State Street Corp grew its position in shares of SoundHound AI by 9.1% during the 2nd quarter. State Street Corp now owns 8,476,348 shares of the company’s stock worth $90,951,000 after buying an additional 708,369 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of SoundHound AI by 13.4% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,697,346 shares of the company’s stock worth $91,604,000 after buying an additional 672,714 shares during the period. Finally, Northern Trust Corp increased its stake in shares of SoundHound AI by 1.2% in the 3rd quarter. Northern Trust Corp now owns 3,181,651 shares of the company’s stock valued at $51,161,000 after acquiring an additional 38,966 shares during the last quarter. 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.