Insider Selling: SoundHound AI (NASDAQ:SOUN) Insider Sells 31,019 Shares of Stock

SoundHound AI, Inc. (NASDAQ:SOUN) insider James Ming Hom sold 31,019 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $6.79, for a total transaction of $210,619.01. Following the completion of the sale, the insider directly owned 772,364 shares in the company, valued at $5,244,351.56. This represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

SoundHound AI Price Performance

Shares of SOUN stock opened at $6.36 on Wednesday. The firm has a market cap of $2.69 billion, a P/E ratio of -127.17 and a beta of 2.65. SoundHound AI, Inc. has a 1-year low of $6.36 and a 1-year high of $22.17. The firm has a fifty day moving average of $8.49 and a two-hundred day moving average of $12.21.

SoundHound AI (NASDAQ:SOUN) last issued its 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). SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. The business had revenue of $55.06 million for the quarter, compared to analyst estimates of $53.88 million. During the same quarter in the prior year, the business posted ($0.05) EPS. The company’s revenue for the quarter was up 59.4% on a year-over-year basis. On average, sell-side analysts expect that SoundHound AI, Inc. will post -0.38 EPS for the current year.

SoundHound AI News Summary

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

• Positive Sentiment: Zacks highlights accelerating enterprise-AI momentum at SoundHound — expanding deals, scalable pricing and strong ROI could be a durable revenue engine that supports longer‑term upside. Zacks: SoundHound’s Enterprise AI Momentum
• Positive Sentiment: The Motley Fool included SoundHound among lesser-known tech names with parabolic potential driven by voice-powered, agentic AI — a bullish thematic take for growth investors. Fool: 2 Tech Stocks Most Investors Haven’t Heard Of
• Neutral Sentiment: Several short‑interest summaries posted odd/zero values for March (shows increases of “NaN” and 0 shares) — the data appears unreliable and provides little actionable signal on current bearish conviction. (No external link.)
• Neutral Sentiment: Comparative coverage (The Motley Fool) contrasts SoundHound with peers like BigBear.ai — notes both have fallen sharply in 2026 and frames SoundHound as a higher-risk, higher-reward name. Useful for framing relative value but not a direct catalyst. Fool: BigBear.ai vs SoundHound AI
• Negative Sentiment: Large coordinated insider selling: CEO Keyvan Mohajer, CFO Nitesh Sharan, COO Michael Zagorsek, CTO Timothy Stonehocker, SVP Majid Emami, other insiders and a director sold shares around $6.77–$6.79 on Mar 20–23 — these sizable reductions (multiple % stakes) typically weigh on investor sentiment. Example filing (CEO): SEC filing: CEO sale
• Negative Sentiment: Market reaction to Anthropic’s new Claude capabilities (controlling computers) triggered an AI-sector pullback; Yahoo reported SoundHound among names that fell in the session — a macro/competitive headwind that likely drove intraday selling. Yahoo: Stocks Plummet After Anthropic News

Analyst Upgrades and Downgrades

SOUN has been the topic of a number of research analyst reports. Piper Sandler reaffirmed a “neutral” rating and set a $9.00 target price (down from $11.00) on shares of SoundHound AI in a report on Friday, February 27th. Zacks Research upgraded SoundHound AI from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of SoundHound AI in a research report on Friday, January 9th. DA Davidson set a $14.00 price objective on SoundHound AI in a research note on Thursday, January 8th. Finally, Cantor Fitzgerald raised shares of SoundHound AI from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $13.00 to $15.00 in a report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $14.93.

Hedge Funds Weigh In On SoundHound AI

Several institutional investors have recently made changes to their positions in SOUN. Vanguard Group Inc. raised its position in shares of SoundHound AI by 16.4% during 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 period. Morgan Stanley grew its stake in SoundHound AI by 48.1% during the 4th quarter. Morgan Stanley now owns 8,987,522 shares of the company’s stock worth $89,606,000 after buying an additional 2,917,280 shares during the last quarter. UBS Group AG grew its stake in SoundHound AI by 77.6% during the 4th quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock worth $61,059,000 after buying an additional 2,676,707 shares during the last quarter. Voloridge Investment Management LLC increased its position in SoundHound AI by 2,259.7% in the fourth quarter. Voloridge Investment Management LLC now owns 2,199,511 shares of the company’s stock worth $21,929,000 after buying an additional 2,106,298 shares during the period. Finally, Jump Financial LLC bought a new stake in SoundHound AI in the third quarter valued at $21,679,000. 19.28% of the stock is owned by institutional investors.

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.