Insider Selling: SoundHound AI (NASDAQ:SOUN) Insider Sells $215,168.78 in Stock

SoundHound AI, Inc. (NASDAQ:SOUN) insider James Ming Hom sold 28,843 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $7.46, for a total value of $215,168.78. Following the completion of the sale, the insider directly owned 743,521 shares of the company’s stock, valued at $5,546,666.66. The trade was a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

James Ming Hom also recently made the following trade(s):

• On Friday, March 20th, James Ming Hom sold 31,019 shares of SoundHound AI stock. The stock was sold at an average price of $6.79, for a total value of $210,619.01.

SoundHound AI Price Performance

SOUN opened at $7.12 on Friday. SoundHound AI, Inc. has a 52 week low of $5.83 and a 52 week high of $22.17. The business’s 50 day moving average is $7.95 and its two-hundred day moving average is $8.77. The firm has a market cap of $3.08 billion, a price-to-earnings ratio of -15.15 and a beta of 2.56.

SoundHound AI (NASDAQ:SOUN) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The firm had revenue of $44.20 million during the quarter, compared to analyst estimates of $42.56 million. SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 40.15%. SoundHound AI’s revenue was up 51.7% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.06) earnings per share. Equities analysts expect that SoundHound AI, Inc. will post -0.45 EPS for the current fiscal year.

Institutional Investors Weigh In On SoundHound AI

Hedge funds have recently added to or reduced their stakes in the company. Hollencrest Capital Management boosted its holdings in SoundHound AI by 197.5% in the 1st quarter. Hollencrest Capital Management now owns 3,615 shares of the company’s stock valued at $25,000 after purchasing an additional 2,400 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SoundHound AI by 83.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock valued at $25,000 after buying an additional 1,060 shares during the period. Dogwood Wealth Management LLC lifted its holdings in shares of SoundHound AI by 152.1% in the 4th quarter. Dogwood Wealth Management LLC now owns 2,559 shares of the company’s stock valued at $26,000 after buying an additional 1,544 shares during the period. Danske Bank A S purchased a new stake in shares of SoundHound AI in the third quarter valued at approximately $26,000. Finally, SHP Wealth Management purchased a new stake in shares of SoundHound AI in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 19.28% of the company’s stock.

Analyst Upgrades and Downgrades

SOUN has been the topic of several research reports. HC Wainwright lowered their price objective on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SoundHound AI in a report on Monday. Piper Sandler reiterated a “neutral” rating and set a $9.00 target price (down from $11.00) on shares of SoundHound AI in a research note on Friday, February 27th. LADENBURG THALM/SH SH raised SoundHound AI to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, DA Davidson restated a “buy” rating and issued a $14.00 price target on shares of SoundHound AI in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, SoundHound AI has a consensus rating of “Moderate Buy” and a consensus price target of $14.93.

More SoundHound AI News

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

• Positive Sentiment: SoundHound AI agreed to acquire LivePerson for $100 million, a move that could broaden its conversational AI footprint and expand its product ecosystem. The company also launched its OASYS agentic AI platform, which strengthens its long-term growth narrative in voice and chat AI. SoundHound AI (SOUN) Buys LivePerson For $100 Million And Launches OASYS
• Positive Sentiment: The company released research showing 96% of organizations said agentic AI deployments met or exceeded ROI expectations, supporting the investment case for SoundHound’s AI offerings and enterprise adoption trends. Research Finds 96% of Organizations Report that Agentic AI Deployments Met or Exceeded ROI Expectations in 2026
• Positive Sentiment: Coverage highlighted continued momentum in restaurant AI rollouts, including drive-thru automation and cross-selling opportunities, which suggests another potential growth avenue for SoundHound’s revenue base. SoundHound’s Drive-Thru AI Shows ROI: Can Restaurant Rollouts Scale?
• Neutral Sentiment: The stock also drew attention after a report said it may be undervalued versus its longer-term prospects, but investors remain split given recent volatility and valuation concerns. SoundHound AI (SOUN) Stock Could Be 50.3% Undervalued Despite Its Recent Share Price Slide
• Negative Sentiment: Multiple insiders, including the CEO, COO, CTO and other executives, sold shares in recent filings. While the company said the sales were tied to tax withholding on equity awards, the size and number of transactions may still weigh on sentiment. SoundHound AI (NASDAQ:SOUN) CTO Timothy Stonehocker Sells 18,802 Shares

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.