SoundHound AI (NASDAQ:SOUN) Hits New 1-Year Low After Insider Selling

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

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

Analyst Ratings Changes

A number of research analysts have weighed in on SOUN shares. Piper Sandler reissued 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. HC Wainwright dropped their price target on SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. LADENBURG THALM/SH SH raised SoundHound AI to a “strong-buy” rating in a report on Thursday, December 18th. Zacks Research upgraded SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, DA Davidson set a $14.00 price objective on SoundHound AI in a research note on Thursday, January 8th. One 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $14.93.

Trending Headlines about SoundHound AI

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

• Positive Sentiment: Aragon Research named SoundHound a leader for agent platforms, highlighting its omnichannel agentic AI and enterprise automation — a validation of the company’s product roadmap that supports long‑term growth expectations. Aragon Research Globe report
• Positive Sentiment: Feature stories (Motley Fool) highlight SoundHound’s doubled revenue in 2025 and traction for voice/agentic AI across industries, reinforcing a growth narrative that could attract patient, long‑term investors. Fool: $7 stock looks like a steal
• Neutral Sentiment: Analyst consensus price target sits near $14.93 — a reminder of longer‑term analyst optimism, but the level is far above the current market price and not an immediate catalyst. Consensus target report
• Neutral Sentiment: Market coverage and hedge‑fund filings show increased institutional positions (e.g., Goldman Sachs, RBC), which provides liquidity and can stabilize the share register over time but doesn’t eliminate short‑term volatility. MarketBeat coverage
• Negative Sentiment: Significant coordinated insider selling by multiple senior executives (CEO, CFO, COO, CTO, SVP) — disclosed filings show blocks sold around the ~$6.79 level on Mar. 20 — which often triggers investor concern about near‑term share supply and confidence. Example filings and coverage: SEC filing (CEO sale), Insider sales coverage
• Negative Sentiment: An analyst/price‑target update trimmed the target by ~10.3% to $14.92, signaling some analyst reassessment that can weigh on sentiment despite still‑elevated longer‑term targets. Price‑target decrease article
• Negative Sentiment: High‑profile negative commentary (Jim Cramer calling the company a “continual money loser”) and sector headlines about competing AI assistants have amplified selling pressure and contributed to today’s decline. Jim Cramer commentary
• Negative Sentiment: Recent intraday/close reports show sharper downside moves versus the broader market — reflecting the combined effect of sector weakness, headlines and insider sales. Yahoo Markets drop coverage

SoundHound AI Trading Down 2.6%

The firm’s fifty day simple moving average is $8.19 and its two-hundred day simple moving average is $12.06. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of -117.98 and a beta of 2.65.

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, hitting analysts’ consensus estimates of ($0.02). The business had revenue of $55.06 million during the quarter, compared to the consensus estimate of $53.88 million. SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. The business’s revenue was up 59.4% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.05) EPS. As a group, analysts forecast that SoundHound AI, Inc. will post -0.38 EPS for the current fiscal year.

Institutional Investors Weigh In On SoundHound AI

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of SoundHound AI by 16.4% in the 3rd quarter. Vanguard Group Inc. now owns 43,457,569 shares of the company’s stock valued at $698,798,000 after purchasing an additional 6,132,648 shares during the last quarter. Morgan Stanley raised its holdings in SoundHound AI by 48.1% in the 4th quarter. Morgan Stanley now owns 8,987,522 shares of the company’s stock valued at $89,606,000 after buying an additional 2,917,280 shares during the period. UBS Group AG lifted its position in SoundHound AI by 77.6% in the fourth quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock valued at $61,059,000 after buying an additional 2,676,707 shares during the last quarter. Voloridge Investment Management LLC lifted 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 valued at $21,929,000 after buying an additional 2,106,298 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in SoundHound AI during the third quarter worth about $21,679,000. Institutional investors and hedge funds 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.