Timothy Stonehocker Sells 23,087 Shares of SoundHound AI (NASDAQ:SOUN) Stock

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 23,087 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $6.79, for a total transaction of $156,760.73. Following the completion of the sale, the chief technology officer directly owned 521,092 shares of the company’s stock, valued at approximately $3,538,214.68. The trade was a 4.24% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, January 9th, Timothy Stonehocker sold 29,676 shares of SoundHound AI stock. The shares were sold at an average price of $12.00, for a total transaction of $356,112.00.

SoundHound AI Stock Down 7.7%

Shares of NASDAQ SOUN opened at $6.36 on Wednesday. The company’s 50-day simple moving average is $8.49 and its 200-day simple moving average is $12.21. SoundHound AI, Inc. has a 52-week low of $6.36 and a 52-week high of $22.17. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of -127.17 and a beta of 2.65.

SoundHound AI (NASDAQ:SOUN) last released its earnings results on Thursday, February 26th. The company reported ($0.02) EPS for the quarter, hitting analysts’ consensus estimates of ($0.02). SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. The business had revenue of $55.06 million during the quarter, compared to analysts’ expectations of $53.88 million. During the same quarter in the previous year, the company earned ($0.05) earnings per share. The company’s quarterly revenue was up 59.4% on a year-over-year basis. Equities research analysts anticipate that SoundHound AI, Inc. will post -0.38 EPS for the current fiscal year.

Institutional Trading of SoundHound AI

A number of hedge funds have recently bought and sold shares of SOUN. Kieckhefer Group LLC increased its holdings in shares of SoundHound AI by 47.2% in the third quarter. Kieckhefer Group LLC now owns 259,000 shares of the company’s stock valued at $4,165,000 after purchasing an additional 83,000 shares during the last quarter. Osaic Holdings Inc. boosted its stake in SoundHound AI by 14.0% during the second quarter. Osaic Holdings Inc. now owns 498,691 shares of the company’s stock worth $5,351,000 after buying an additional 61,212 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in SoundHound AI by 252.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 218,868 shares of the company’s stock valued at $3,519,000 after buying an additional 156,835 shares in the last quarter. Fluent Financial LLC purchased a new stake in SoundHound AI in the 3rd quarter valued at $1,083,000. Finally, Carnegie Investment Counsel increased its stake in shares of SoundHound AI by 13.7% in the 3rd quarter. Carnegie Investment Counsel now owns 1,363,405 shares of the company’s stock worth $21,924,000 after acquiring an additional 164,725 shares during the last quarter. Institutional investors and hedge funds own 19.28% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on SOUN shares. HC Wainwright reduced their target price on SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Piper Sandler reaffirmed a “neutral” rating and issued a $9.00 price target (down from $11.00) on shares of SoundHound AI in a research note on Friday, February 27th. Zacks Research upgraded SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Cantor Fitzgerald raised SoundHound AI from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $13.00 to $15.00 in a research note on Friday, December 12th. Finally, LADENBURG THALM/SH SH upgraded SoundHound AI to a “strong-buy” rating in a report on Thursday, December 18th. One investment 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 MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.93.

Key Headlines Impacting SoundHound AI

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

• Positive Sentiment: Zacks highlights accelerating enterprise-AI momentum at SoundHound — expanding deals, scalable pricing and strong ROI could be a durable revenue engine that supports longer‑term upside. Zacks: SoundHound’s Enterprise AI Momentum
• Positive Sentiment: The Motley Fool included SoundHound among lesser-known tech names with parabolic potential driven by voice-powered, agentic AI — a bullish thematic take for growth investors. Fool: 2 Tech Stocks Most Investors Haven’t Heard Of
• Neutral Sentiment: Several short‑interest summaries posted odd/zero values for March (shows increases of “NaN” and 0 shares) — the data appears unreliable and provides little actionable signal on current bearish conviction. (No external link.)
• Neutral Sentiment: Comparative coverage (The Motley Fool) contrasts SoundHound with peers like BigBear.ai — notes both have fallen sharply in 2026 and frames SoundHound as a higher-risk, higher-reward name. Useful for framing relative value but not a direct catalyst. Fool: BigBear.ai vs SoundHound AI
• Negative Sentiment: Large coordinated insider selling: CEO Keyvan Mohajer, CFO Nitesh Sharan, COO Michael Zagorsek, CTO Timothy Stonehocker, SVP Majid Emami, other insiders and a director sold shares around $6.77–$6.79 on Mar 20–23 — these sizable reductions (multiple % stakes) typically weigh on investor sentiment. Example filing (CEO): SEC filing: CEO sale
• Negative Sentiment: Market reaction to Anthropic’s new Claude capabilities (controlling computers) triggered an AI-sector pullback; Yahoo reported SoundHound among names that fell in the session — a macro/competitive headwind that likely drove intraday selling. Yahoo: Stocks Plummet After Anthropic News

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.