Insider Selling: SoundHound AI (NASDAQ:SOUN) CEO Sells $943,988.40 in Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CEO Keyvan Mohajer sold 126,540 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $7.46, for a total value of $943,988.40. Following the sale, the chief executive officer owned 1,947,237 shares in the company, valued at approximately $14,526,388.02. This trade represents a 6.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Keyvan Mohajer also recently made the following trade(s):

• On Friday, March 20th, Keyvan Mohajer sold 124,510 shares of SoundHound AI stock. The stock was sold at an average price of $6.79, for a total value of $845,422.90.

SoundHound AI Stock Performance

NASDAQ SOUN opened at $7.12 on Friday. The business’s 50 day moving average price is $7.95 and its 200-day moving average price is $8.77. SoundHound AI, Inc. has a fifty-two week low of $5.83 and a fifty-two week high of $22.17. The company has a market cap of $3.08 billion, a P/E ratio of -15.15 and a beta of 2.56.

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

Institutional Investors Weigh In On SoundHound AI

Several hedge funds have recently made changes to their positions in SOUN. Empowered Funds LLC increased its stake in shares of SoundHound AI by 19.6% during the first quarter. Empowered Funds LLC now owns 13,896 shares of the company’s stock valued at $95,000 after buying an additional 2,277 shares during the period. NewEdge Advisors LLC lifted its stake in SoundHound AI by 62.1% in the first quarter. NewEdge Advisors LLC now owns 95,657 shares of the company’s stock worth $657,000 after acquiring an additional 36,644 shares during the period. Verus Capital Partners LLC bought a new position in SoundHound AI during the 1st quarter worth about $71,000. Amundi grew its holdings in SoundHound AI by 112.4% during the 1st quarter. Amundi now owns 24,046 shares of the company’s stock worth $165,000 after acquiring an additional 12,725 shares in the last quarter. Finally, California State Teachers Retirement System increased its position in SoundHound AI by 25.0% during the 1st quarter. California State Teachers Retirement System now owns 440,023 shares of the company’s stock valued at $3,023,000 after purchasing an additional 87,998 shares during the period. 19.28% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting SoundHound AI

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

Analysts Set New Price Targets

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

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.