SoundHound AI, Inc. $SOUN Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC decreased its stake in SoundHound AI, Inc. (NASDAQ:SOUN) by 41.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 121,977 shares of the company’s stock after selling 86,821 shares during the period. Intech Investment Management LLC’s holdings in SoundHound AI were worth $1,961,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of SoundHound AI by 16.4% during the third quarter. Vanguard Group Inc. now owns 43,457,569 shares of the company’s stock worth $698,798,000 after buying an additional 6,132,648 shares during the period. Geode Capital Management LLC raised its stake in SoundHound AI by 8.3% during the 2nd quarter. Geode Capital Management LLC now owns 8,830,144 shares of the company’s stock valued at $94,759,000 after acquiring an additional 679,436 shares in the last quarter. State Street Corp boosted its position in SoundHound AI by 9.1% during the 2nd quarter. State Street Corp now owns 8,476,348 shares of the company’s stock worth $90,951,000 after acquiring an additional 708,369 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of SoundHound AI by 1.0% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,024,632 shares of the company’s stock worth $53,906,000 after purchasing an additional 50,904 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of SoundHound AI by 69.8% during the first quarter. Goldman Sachs Group Inc. now owns 2,639,689 shares of the company’s stock valued at $21,434,000 after purchasing an additional 1,085,473 shares during the period. Institutional investors own 19.28% of the company’s stock.

Insiders Place Their Bets

In other news, COO Michael Zagorsek sold 73,406 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $11.28, for a total transaction of $828,019.68. Following the sale, the chief operating officer directly owned 1,787,459 shares of the company’s stock, valued at $20,162,537.52. The trade was a 3.94% 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. Also, SVP Majid Emami sold 42,600 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $11.28, for a total value of $480,528.00. Following the sale, the senior vice president directly owned 565,586 shares of the company’s stock, valued at approximately $6,379,810.08. This represents a 7.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 460,922 shares of company stock worth $5,199,073. Corporate insiders own 9.17% of the company’s stock.

SoundHound AI News Summary

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

• Positive Sentiment: Q4 results showed accelerating revenue (year‑over‑year growth ~59%) and EPS in line with estimates; D.A. Davidson reiterated a Buy with a $14 price target, supporting a bullish narrative on the company’s growth trajectory. Analysts Split After SoundHound AI, Inc. (SOUN) Reports Q4 Results
• Positive Sentiment: Investor commentary and features (The Motley Fool) highlight the company’s revenue surge and positioning in “agentic” AI — these narratives can attract growth‑oriented investors looking for AI exposure. As Revenue Continues to Surge, Is SoundHound Stock a Buy?
• Positive Sentiment: Broader coverage lists SOUN among high‑upside AI growth picks, which can sustain longer‑term interest despite near‑term volatility. 3 Red-Hot Growth Stocks to Buy in 2026
• Neutral Sentiment: Market attention is elevated (Zacks/Yahoo pieces note SOUN as a “trending” stock), which increases volume and intra‑day moves but doesn’t by itself determine direction. SoundHound AI, Inc. (SOUN) Is a Trending Stock
• Neutral Sentiment: Comparative analysis pieces (e.g., BigBear.ai vs. SoundHound) keep the stock in thematic investor conversations but are opinion‑driven rather than event‑driven. Battle Royale: BigBear.ai vs. SoundHound AI
• Negative Sentiment: Recent analyst downgrades and a pessimistic forecast (coverage flagged by American Banking News) forced a gap down in the stock, which appears to be the main immediate driver of selling pressure. SoundHound AI (NASDAQ:SOUN) Shares Gap Down After Analyst Downgrade
• Negative Sentiment: HC Wainwright published a pessimistic forecast for SOUN’s stock price, adding to the negative analyst momentum and likely amplifying short‑term outflows. HC Wainwright Issues Pessimistic Forecast for SoundHound AI Stock Price

SoundHound AI Price Performance

NASDAQ SOUN opened at $8.16 on Thursday. SoundHound AI, Inc. has a 12 month low of $6.52 and a 12 month high of $22.17. The company has a market capitalization of $3.43 billion, a P/E ratio of -163.17 and a beta of 2.65. The company’s 50 day simple moving average is $9.42 and its 200 day simple moving average is $12.74.

SoundHound AI (NASDAQ:SOUN) last issued its earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). The firm had revenue of $55.06 million during the quarter, compared to analysts’ expectations of $53.88 million. SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. The firm’s revenue for the quarter was up 59.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.05) earnings per share. On average, analysts anticipate that SoundHound AI, Inc. will post -0.38 earnings per share for the current year.

Wall Street Analyst Weigh In

SOUN has been the subject of a number of recent analyst reports. Cantor Fitzgerald upgraded shares of SoundHound AI from a “neutral” rating to an “overweight” rating and increased their target price for the company from $13.00 to $15.00 in a research report on Friday, December 12th. 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 note on Monday. Piper Sandler reiterated a “neutral” rating and set a $9.00 price objective (down from $11.00) on shares of SoundHound AI in a research note on Friday, February 27th. Weiss Ratings restated a “sell (d-)” rating on shares of SoundHound AI in a research report on Friday, January 9th. Finally, Zacks Research raised SoundHound AI from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, SoundHound AI currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.93.

SoundHound AI 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.