Kieckhefer Group LLC Buys 83,000 Shares of SoundHound AI, Inc. $SOUN

Kieckhefer Group LLC boosted its stake in shares of SoundHound AI, Inc. (NASDAQ:SOUN) by 47.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 259,000 shares of the company’s stock after acquiring an additional 83,000 shares during the period. SoundHound AI accounts for 1.9% of Kieckhefer Group LLC’s portfolio, making the stock its 13th largest holding. Kieckhefer Group LLC owned approximately 0.06% of SoundHound AI worth $4,165,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of SoundHound AI by 83.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock valued at $25,000 after purchasing an additional 1,060 shares in the last quarter. Advisors Asset Management Inc. increased its stake in SoundHound AI by 68.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,519 shares of the company’s stock worth $27,000 after acquiring an additional 1,023 shares during the last quarter. Investors Research Corp increased its stake in SoundHound AI by 62.4% in the 3rd quarter. Investors Research Corp now owns 1,822 shares of the company’s stock worth $29,000 after acquiring an additional 700 shares during the last quarter. AlphaQuest LLC bought a new position in shares of SoundHound AI during the 1st quarter valued at approximately $32,000. Finally, Huntington National Bank boosted its position in shares of SoundHound AI by 48.8% during the 2nd quarter. Huntington National Bank now owns 3,050 shares of the company’s stock valued at $33,000 after acquiring an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 19.28% of the company’s stock.

Insider Buying and Selling

In related news, CEO Keyvan Mohajer sold 144,326 shares of SoundHound AI stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $11.28, for a total transaction of $1,627,997.28. Following the completion of the sale, the chief executive officer owned 2,198,287 shares in the company, valued at $24,796,677.36. This trade represents a 6.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Timothy Stonehocker sold 70,524 shares of the business’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $20.00, for a total transaction of $1,410,480.00. Following the completion of the sale, the chief technology officer directly owned 606,525 shares of the company’s stock, valued at approximately $12,130,500. This trade represents a 10.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 723,310 shares of company stock worth $10,747,881 over the last ninety days. 9.17% of the stock is owned by insiders.

SoundHound AI Price Performance

Shares of NASDAQ SOUN opened at $10.41 on Tuesday. SoundHound AI, Inc. has a 1 year low of $6.52 and a 1 year high of $23.50. The firm has a 50-day simple moving average of $13.21 and a two-hundred day simple moving average of $13.47. The company has a market cap of $4.37 billion, a P/E ratio of -12.39 and a beta of 2.63.

SoundHound AI (NASDAQ:SOUN) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.06. SoundHound AI had a negative return on equity of 93.64% and a negative net margin of 211.16%.The firm had revenue of $42.05 million during the quarter, compared to analyst estimates of $40.48 million. During the same period last year, the company earned ($0.04) EPS. SoundHound AI’s quarterly revenue was up 67.6% compared to the same quarter last year. As a group, equities research analysts expect that SoundHound AI, Inc. will post -0.38 EPS for the current year.

More SoundHound AI News

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

• Positive Sentiment: Cantor Fitzgerald upgraded SOUN to overweight, citing progress in voice and conversational‑AI services — a credible institutional catalyst that can attract flows. Read More.
• Positive Sentiment: MarketBeat featured SoundHound as an “application‑layer” AI pure play, noting scale after the Amelia acquisition, projected 2025 revenue growth and management’s roadmap toward profitability — supports the longer‑term fundamental story. Read More.
• Positive Sentiment: Several analyst upgrades/price‑target increases (HC Wainwright, Piper Sandler, Ladenburg Thalmann and others) provide additional buy‑side research support for the stock. Read More.
• Neutral Sentiment: Sector and headline-driven selling: news items grouping multiple AI/tech names trading down create intraday pressure that’s not company‑specific but can push shares lower short term. Read More.
• Neutral Sentiment: Thematic long‑term articles (Motley Fool/others) highlight SoundHound’s voice‑AI opportunity — constructive for patient investors, but not an immediate catalyst. Read More.
• Negative Sentiment: Material insider selling this week by CEO, CFO, COO, CTO and other senior insiders (large blocks executed Dec. 22–26 at roughly $10.66–$11.28). The size and concentration of these sales (multi‑hundred‑thousand‑ to multi‑million‑dollar transactions) is a near‑term negative for sentiment and supply/demand dynamics. Read More.
• Negative Sentiment: Valuation/speculation warnings persist for pure‑play AI names; if revenue or profitability guidance slips, momentum could reverse quickly. Read More.

Wall Street Analyst Weigh In

SOUN has been the topic of several research reports. Piper Sandler boosted their price target on shares of SoundHound AI from $12.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. LADENBURG THALM/SH SH upgraded shares of SoundHound AI to a “strong-buy” rating in a research report on Thursday, December 18th. Wedbush reiterated an “outperform” rating and issued a $16.00 price target on shares of SoundHound AI in a research report on Thursday, September 11th. HC Wainwright boosted their price objective on SoundHound AI from $18.00 to $26.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $17.00 price objective on shares of SoundHound AI in a research note on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.07.

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.