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

SoundHound AI, Inc. (NASDAQ:SOUN) CTO Timothy Stonehocker sold 23,087 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were 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 $3,538,214.68. This represents a 4.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

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

SoundHound AI Price Performance

Shares of SOUN stock opened at $6.36 on Wednesday. The company has a market capitalization of $2.69 billion, a PE ratio of -127.17 and a beta of 2.65. The firm’s 50-day moving average is $8.49 and its two-hundred day moving average is $12.21. SoundHound AI, Inc. has a 12 month low of $6.36 and a 12 month high of $22.17.

SoundHound AI (NASDAQ:SOUN) last posted its quarterly earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The business 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 business’s revenue for the quarter was up 59.4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.05) EPS. Sell-side analysts forecast that SoundHound AI, Inc. will post -0.38 EPS for the current year.

Key SoundHound AI News

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

Analysts Set New Price Targets

SOUN has been the subject of several recent analyst reports. HC Wainwright cut their target price on SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Cantor Fitzgerald raised SoundHound AI from a “neutral” rating to an “overweight” rating and upped their price target for the company from $13.00 to $15.00 in a research note on Friday, December 12th. DA Davidson set a $14.00 price target on SoundHound AI in a report on Thursday, January 8th. LADENBURG THALM/SH SH raised SoundHound AI to a “strong-buy” rating in a research report on Thursday, December 18th. Finally, Piper Sandler restated a “neutral” rating and issued a $9.00 price objective (down from $11.00) on shares of SoundHound AI in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.93.

Institutional Trading of SoundHound AI

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in SoundHound AI by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 45,367,437 shares of the company’s stock valued at $452,313,000 after purchasing an additional 1,909,868 shares during the period. Geode Capital Management LLC boosted its position in shares of SoundHound AI by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 9,180,321 shares of the company’s stock worth $91,543,000 after buying an additional 273,097 shares during the period. Morgan Stanley grew its stake in shares of SoundHound AI by 48.1% in the fourth quarter. Morgan Stanley now owns 8,987,522 shares of the company’s stock valued at $89,606,000 after buying an additional 2,917,280 shares in the last quarter. State Street Corp grew its stake in shares of SoundHound AI by 0.9% in the fourth quarter. State Street Corp now owns 8,691,235 shares of the company’s stock valued at $86,652,000 after buying an additional 80,908 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of SoundHound AI by 77.6% in the 4th quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock valued at $61,059,000 after buying an additional 2,676,707 shares during the period. Institutional investors and hedge funds own 19.28% of the company’s stock.

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.