Timothy Stonehocker Sells 23,087 Shares of SoundHound AI (NASDAQ:SOUN) Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 23,087 shares of SoundHound AI stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $6.79, for a total value of $156,760.73. Following the sale, the chief technology officer directly owned 521,092 shares of the company’s stock, valued at $3,538,214.68. This trade represents a 4.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, January 9th, Timothy Stonehocker sold 29,676 shares of SoundHound AI stock. The shares were sold at an average price of $12.00, for a total value of $356,112.00.

SoundHound AI Stock Performance

Shares of NASDAQ SOUN opened at $6.06 on Friday. SoundHound AI, Inc. has a fifty-two week low of $6.05 and a fifty-two week high of $22.17. The firm has a market capitalization of $2.56 billion, a PE ratio of -121.18 and a beta of 2.65. The stock’s 50-day simple moving average is $8.29 and its 200-day simple moving average is $12.12.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SOUN. Royal Bank of Canada raised its stake in shares of SoundHound AI by 71.3% during the first quarter. Royal Bank of Canada now owns 160,299 shares of the company’s stock worth $1,301,000 after purchasing an additional 66,714 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in SoundHound AI by 8.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 14,676 shares of the company’s stock valued at $119,000 after buying an additional 1,201 shares during the period. NewEdge Advisors LLC increased its stake in SoundHound AI by 12.9% in the 1st quarter. NewEdge Advisors LLC now owns 41,030 shares of the company’s stock valued at $333,000 after buying an additional 4,692 shares during the period. Goldman Sachs Group Inc. raised its position in SoundHound AI by 69.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,639,689 shares of the company’s stock worth $21,434,000 after buying an additional 1,085,473 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of SoundHound AI by 10.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 692,170 shares of the company’s stock worth $5,620,000 after acquiring an additional 63,398 shares during the period. 19.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. LADENBURG THALM/SH SH upgraded shares of SoundHound AI to a “strong-buy” rating in a research note on Thursday, December 18th. 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. DA Davidson set a $14.00 target price on SoundHound AI in a research report on Thursday, January 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of SoundHound AI in a report on Friday, January 9th. Finally, Zacks Research raised SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.93.

Key Headlines Impacting SoundHound AI

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

• Positive Sentiment: Industry recognition: Aragon Research named SoundHound a leader for agent platforms, which reinforces its enterprise voice/agent AI growth story and could support longer‑term valuation if execution follows. SoundHound AI Named Leader in The Aragon Research Globe™ for Agent Platforms 2026
• Positive Sentiment: Analyst/feature coverage highlights upside: a couple of fintech/media pieces profile SoundHound as having a long‑run opportunity in voice‑powered, agentic AI — positive narrative for patient growth investors. 2 Tech Stocks Most Investors Haven’t Heard of That Could Go Parabolic
• Neutral Sentiment: Analyst consensus: brokerages show a consensus target around $14.93, indicating substantial implied upside versus current levels but requiring sustained revenue/profit progress to realize. SoundHound AI Receives $14.93 Consensus Target Price
• Neutral Sentiment: Institutional activity: some hedge funds and large brokers have increased positions recently, which can provide support but is not an immediate catalyst. (Useful context for longer‑term holders.)
• Negative Sentiment: Coordinated insider selling: multiple senior executives (CEO, CFO, COO, CTO, SVP and others) sold large blocks around mid‑March at roughly the same price — a common trigger for short‑term selling pressure and investor concern about insider conviction. Example SEC filing for the CEO sale is linked. CEO Insider Sale SEC Filing
• Negative Sentiment: Negative media/market sentiment: Jim Cramer reiterated skepticism (calling the company a “continual money loser”), which can amplify selling from retail/institutional investors. Jim Cramer on SoundHound AI
• Negative Sentiment: Sector competition / news flow: a market roundup tied to Anthropic adding device‑control features to its assistant sparked a sell‑off in AI names, including SoundHound, by raising competitive risk and shortening investor time horizons. Health Catalyst, Asure Software, GitLab, Zeta Global, and SoundHound AI Shares Plummet

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.