SoundHound AI (NASDAQ:SOUN) SVP Majid Emami Sells 32,741 Shares of Stock

SoundHound AI, Inc. (NASDAQ:SOUN) SVP Majid Emami sold 32,741 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $10.66, for a total value of $349,019.06. Following the sale, the senior vice president owned 532,845 shares in the company, valued at approximately $5,680,127.70. The trade was a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, December 22nd, Majid Emami sold 42,600 shares of SoundHound AI stock. The stock was sold at an average price of $11.28, for a total value of $480,528.00.
• On Wednesday, October 8th, Majid Emami sold 41,167 shares of SoundHound AI stock. The shares were sold at an average price of $20.00, for a total value of $823,340.00.

SoundHound AI Trading Down 2.7%

Shares of SoundHound AI stock opened at $10.41 on Tuesday. The company’s 50-day moving average price is $13.21 and its 200-day moving average price is $13.47. SoundHound AI, Inc. has a 12-month low of $6.52 and a 12-month high of $23.50. The company has a market cap of $4.37 billion, a price-to-earnings 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) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.06. SoundHound AI had a negative net margin of 211.16% and a negative return on equity of 93.64%. The business had revenue of $42.05 million for the quarter, compared to analyst estimates of $40.48 million. During the same quarter in the prior year, the firm posted ($0.04) EPS. SoundHound AI’s revenue was up 67.6% on a year-over-year basis. On average, sell-side analysts predict that SoundHound AI, Inc. will post -0.38 earnings per share for the current year.

Key SoundHound AI News

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 Upgrades and Downgrades

A number of equities analysts have weighed in on SOUN shares. Wedbush restated an “outperform” rating and issued a $16.00 target price on shares of SoundHound AI in a research note on Thursday, September 11th. Cantor Fitzgerald upgraded shares of SoundHound AI from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $13.00 to $15.00 in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SoundHound AI in a research note on Tuesday, October 14th. DA Davidson reissued a “buy” rating and issued a $17.00 price target on shares of SoundHound AI in a research note on Tuesday, November 18th. Finally, HC Wainwright increased their price target on shares of SoundHound AI from $18.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, October 16th. Two equities research 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, SoundHound AI currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.07.

Institutional Investors Weigh In On SoundHound AI

Hedge funds have recently made changes to their positions in the business. Sound Income Strategies LLC boosted its stake in shares of SoundHound AI by 37.3% in the 3rd 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 in the last quarter. Investors Research Corp lifted its stake in SoundHound AI by 62.4% in the third quarter. Investors Research Corp now owns 1,822 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares during the last quarter. EP Wealth Advisors LLC boosted its position in SoundHound AI by 5.3% during the second quarter. EP Wealth Advisors LLC now owns 14,100 shares of the company’s stock valued at $151,000 after buying an additional 706 shares during the period. Newbridge Financial Services Group Inc. grew its stake in shares of SoundHound AI by 2.7% during the third 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. Finally, Insigneo Advisory Services LLC increased its holdings in shares of SoundHound AI by 7.4% in the third quarter. Insigneo Advisory Services LLC now owns 12,416 shares of the company’s stock worth $200,000 after buying an additional 858 shares during the period. 19.28% of the stock is currently 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.