SoundHound AI (NASDAQ:SOUN) SVP Majid Emami Sells 42,600 Shares of Stock

SoundHound AI, Inc. (NASDAQ:SOUN) SVP Majid Emami sold 42,600 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 value of $480,528.00. Following the completion of the sale, the senior vice president directly owned 565,586 shares in the company, valued at approximately $6,379,810.08. This trade represents a 7.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Friday, December 26th, Majid Emami sold 32,741 shares of SoundHound AI stock. The stock was sold at an average price of $10.66, for a total value of $349,019.06.
• 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 transaction of $823,340.00.

SoundHound AI Trading Down 2.7%

Shares of NASDAQ SOUN opened at $10.41 on Tuesday. SoundHound AI, Inc. has a 12-month low of $6.52 and a 12-month high of $23.50. The stock has a 50 day simple moving average of $13.21 and a 200-day simple moving average of $13.47. The company has a market cap of $4.37 billion, a PE ratio of -12.39 and a beta of 2.63.

SoundHound AI (NASDAQ:SOUN) last issued its quarterly 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 company had revenue of $42.05 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company earned ($0.04) earnings per share. Sell-side analysts forecast that SoundHound AI, Inc. will post -0.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On SoundHound AI

A number of large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its position in shares of SoundHound AI by 45.1% in the first quarter. Russell Investments Group Ltd. now owns 9,576 shares of the company’s stock valued at $78,000 after purchasing an additional 2,978 shares during the period. Northern Trust Corp grew its stake in SoundHound AI by 2.5% in the 1st quarter. Northern Trust Corp now owns 2,979,011 shares of the company’s stock valued at $24,190,000 after buying an additional 72,766 shares during the last quarter. AlphaQuest LLC bought a new position in SoundHound AI in the 1st quarter worth $32,000. MetLife Investment Management LLC lifted its position in SoundHound AI by 2.1% during the 1st quarter. MetLife Investment Management LLC now owns 189,165 shares of the company’s stock worth $1,536,000 after acquiring an additional 3,831 shares during the last quarter. Finally, Corebridge Financial Inc. boosted its holdings in SoundHound AI by 3.4% during the first quarter. Corebridge Financial Inc. now owns 158,646 shares of the company’s stock valued at $1,288,000 after acquiring an additional 5,282 shares during the period. Institutional investors own 19.28% of the company’s stock.

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

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.