Timothy Stonehocker Sells 18,802 Shares of SoundHound AI (NASDAQ:SOUN) Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 18,802 shares of SoundHound AI stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $7.46, for a total transaction of $140,262.92. Following the completion of the sale, the chief technology officer directly owned 502,290 shares of the company’s stock, valued at approximately $3,747,083.40. This trade represents a 3.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Friday, March 20th, Timothy Stonehocker sold 23,087 shares of SoundHound AI stock. The shares were sold at an average price of $6.79, for a total value of $156,760.73.

SoundHound AI Price Performance

NASDAQ SOUN opened at $7.12 on Friday. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of -15.15 and a beta of 2.56. SoundHound AI, Inc. has a 1-year low of $5.83 and a 1-year high of $22.17. The business’s fifty day moving average price is $7.94 and its 200-day moving average price is $8.78.

SoundHound AI (NASDAQ:SOUN) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) EPS 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 the consensus estimate of $42.56 million. SoundHound AI had a negative return on equity of 40.15% and a negative net margin of 91.84%.The business’s revenue was up 51.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.06) EPS. Equities research analysts anticipate that SoundHound AI, Inc. will post -0.45 EPS for the current year.

Key Headlines Impacting SoundHound AI

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

• Positive Sentiment: SoundHound highlighted new research showing 96% of organizations say agentic AI deployments met or exceeded ROI expectations, reinforcing the company’s opportunity in enterprise voice and customer-service automation. Article: Research Finds 96% of Organizations Report that Agentic AI Deployments Met or Exceeded ROI Expectations in 2026
• Positive Sentiment: Coverage on SoundHound’s drive-thru AI business said restaurant rollouts are showing ROI, with cross-selling and Voice Insight adoption supporting broader commercialization. Article: SoundHound’s Drive-Thru AI Shows ROI: Can Restaurant Rollouts Scale?
• Positive Sentiment: One market commentary argued SOUN could be materially undervalued despite recent weakness, suggesting investors still see upside if growth continues. Article: SoundHound AI (SOUN) Stock Could Be 50.3% Undervalued Despite Its Recent Share Price Slide
• Neutral Sentiment: SoundHound’s stock also outpaced the broader market in the latest session, reflecting renewed trading interest after the recent slide. Article: SoundHound AI, Inc. (SOUN) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: Multiple executives sold shares on June 15, but the company said the transactions were tied to tax withholding from vested equity awards, making them less alarming than open-market selling. Article: SoundHound AI (NASDAQ:SOUN) CTO Timothy Stonehocker Sells 18,802 Shares
• Negative Sentiment: Retail coverage noted concern about insider share disposals and rising losses, which can weigh on sentiment in a stock already seen as volatile. Article: SOUN Stock Eyes Worst Month This Year: Insider Share Disposals At SoundHound AI Draw Retail Attention

Institutional Trading of SoundHound AI

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake 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 valued at $698,798,000 after acquiring an additional 6,132,648 shares during the period. Morgan Stanley increased 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 worth $89,606,000 after acquiring an additional 2,917,280 shares in the last quarter. UBS Group AG raised 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 acquiring an additional 2,676,707 shares during the period. Voloridge Investment Management LLC raised its stake in SoundHound AI by 2,259.7% during the 4th quarter. Voloridge Investment Management LLC now owns 2,199,511 shares of the company’s stock worth $21,929,000 after acquiring an additional 2,106,298 shares during the period. Finally, Jump Financial LLC purchased a new position in SoundHound AI during the third quarter valued at approximately $21,679,000. Hedge funds and other institutional investors own 19.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. HC Wainwright reduced their price target on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. DA Davidson reissued a “buy” rating and issued a $14.00 price objective on shares of SoundHound AI in a report on Wednesday, April 22nd. Piper Sandler restated a “neutral” rating and set a $9.00 target price (down from $11.00) on shares of SoundHound AI in a research report on Friday, February 27th. LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of SoundHound AI in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, SoundHound AI currently has an average rating of “Moderate Buy” and an average target price of $14.93.

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.