SoundHound AI (NASDAQ:SOUN) Reaches New 52-Week Low After Insider Selling

SoundHound AI, Inc. (NASDAQ:SOUN) reached a new 52-week low during trading on Thursday after an insider sold shares in the company. The company traded as low as $6.34 and last traded at $6.48, with a volume of 27071964 shares traded. The stock had previously closed at $6.36.

Specifically, SVP Majid Emami sold 31,019 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $6.79, for a total transaction of $210,619.01. Following the completion of the sale, the senior vice president directly owned 501,826 shares of the company’s stock, valued at approximately $3,407,398.54. The trade was a 5.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider James Ming Hom sold 31,019 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $6.79, for a total value of $210,619.01. Following the completion of the transaction, the insider owned 772,364 shares in the company, valued at $5,244,351.56. This represents a 3.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In related news, CEO Keyvan Mohajer sold 124,510 shares of SoundHound AI stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $6.79, for a total transaction of $845,422.90. Following the transaction, the chief executive officer owned 2,073,777 shares of the company’s stock, valued at $14,080,945.83. The trade was a 5.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Wall Street Analyst Weigh In

SOUN has been the subject of several recent research reports. HC Wainwright decreased their price target on SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a report on Monday, March 2nd. DA Davidson set a $14.00 price objective on shares of SoundHound AI in a report on Thursday, January 8th. Piper Sandler reiterated a “neutral” rating and issued a $9.00 target price (down from $11.00) on shares of SoundHound AI in a research note on Friday, February 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SoundHound AI in a report on Friday, January 9th. Finally, Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, SoundHound AI has an average rating of “Moderate Buy” and a consensus target price of $14.93.

Trending Headlines about SoundHound AI

Here are the key news stories impacting SoundHound AI this week:

• Positive Sentiment: Analyst/feature pieces highlight SoundHound’s long‑term opportunity in voice‑powered, agentic AI, reinforcing the growth narrative for patient investors. 2 Tech Stocks Most Investors Haven’t Heard of That Could Go Parabolic
• Neutral Sentiment: Comparative write‑ups (e.g., BigBear.ai vs SoundHound) analyze relative survivability in the AI sell‑off — useful context but not an immediate catalyst. BigBear.ai vs. SoundHound AI: One Is Surviving the AI Sell-Off. The Other Isn’t.
• Neutral Sentiment: Short‑interest data reported for March appears to show zero shares and NaN changes — likely a reporting/data artifact. This creates no clear short‑pressure signal today. (Multiple short‑interest updates were posted by data services.)
• Negative Sentiment: Material insider selling on Mar. 20: CEO Keyvan Mohajer, CFO Nitesh Sharan, COO Michael Zagorsek, CTO Timothy Stonehocker, SVP Majid Emami, and others sold blocks at an average price near $6.79 — large coordinated sales by senior executives often spook investors and signal near‑term supply pressure. Example SEC filing for the CEO sale: CEO Insider Sale SEC Filing
• Negative Sentiment: High‑profile skepticism: Jim Cramer publicly called SoundHound a “continual money loser” on Mad Money — negative media commentary from influential commentators can amplify selling pressure. Jim Cramer on SoundHound AI
• Negative Sentiment: Sector competition/news hit: a Yahoo Markets roundup flagged AI assistants (Anthropic’s Claude adding device control) as triggering a sell‑off in related AI names, including SoundHound — increasing competitive risk and shorter‑term downward pressure. Health Catalyst, Asure Software, GitLab, Zeta Global, and SoundHound AI Shares Plummet

SoundHound AI Stock Up 1.9%

The firm has a market cap of $2.74 billion, a PE ratio of -129.57 and a beta of 2.65. The firm has a 50 day moving average of $8.39 and a 200 day moving average of $12.17.

SoundHound AI (NASDAQ:SOUN) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). SoundHound AI had a negative return on equity of 3.63% and a negative net margin of 8.71%.The company had revenue of $55.06 million during the quarter, compared to analyst estimates of $53.88 million. During the same quarter last year, the firm posted ($0.05) EPS. The firm’s revenue for the quarter was up 59.4% on a year-over-year basis. On average, research analysts anticipate that SoundHound AI, Inc. will post -0.38 EPS for the current year.

Hedge Funds Weigh In On SoundHound AI

Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of SoundHound AI by 4.4% during the 4th quarter. Vanguard Group Inc. now owns 45,367,437 shares of the company’s stock valued at $452,313,000 after buying an additional 1,909,868 shares in the last quarter. Geode Capital Management LLC grew its stake in SoundHound AI by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 9,180,321 shares of the company’s stock valued at $91,543,000 after buying an additional 273,097 shares in the last quarter. Morgan Stanley raised its holdings in SoundHound AI by 48.1% during the 4th quarter. Morgan Stanley now owns 8,987,522 shares of the company’s stock valued at $89,606,000 after acquiring an additional 2,917,280 shares during the period. State Street Corp lifted its position in shares of SoundHound AI by 0.9% during the fourth quarter. State Street Corp now owns 8,691,235 shares of the company’s stock worth $86,652,000 after acquiring an additional 80,908 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of SoundHound AI by 77.6% during the fourth quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock worth $61,059,000 after acquiring an additional 2,676,707 shares in the last quarter. Hedge funds and other institutional investors own 19.28% of the company’s stock.

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.