Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SoundHound AI Inc shares valued at $529,884 were sold by STONEHOCKER TIMOTHY on May 14 ’25. At $12.00 per share, STONEHOCKER TIMOTHY sold 44,157 shares. The insider’s holdings dropped to 723,009 shares worth approximately $7.96 million following the completion of this transaction.
Also, HOM JAMES MING sold 3,815 shares, netting a total of over 38,150 in proceeds. Following the sale of shares at $10.00 each, the insider now holds 637,090 shares.
Before that, JAMES M HOM had added 3,815 shares to its account. In a trade valued at $34,259, the Director bought SoundHound AI Inc shares for $8.98 each.
As published in a research note from Ladenburg Thalmann on November 13, 2024, SoundHound AI Inc [SOUN] has been rated down from a Buy to a Neutral and the price target has been revised to $7. Analysts at Cantor Fitzgerald upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early August. As of April 11, 2024, Cantor Fitzgerald has increased its “an Underweight” rating to a “Neutral” for SOUN. Earlier on March 20, 2024, Cantor Fitzgerald downgraded its rating. Their new recommendation was “an Underweight” for SOUN stock which previously was a “an Overweight”.
Analyzing SOUN Stock Performance
During the last five days, there has been a surge of approximately 13.04%. Over the course of the year, SoundHound AI Inc shares have dropped approximately -44.51%. Shares of the company reached a 52-week high of $22.85 on 01/06/25 and a 52-week low of $6.52 on 04/07/25. A 50-day SMA is recorded $9.10, while a 200-day SMA reached $9.31.
Support And Resistance Levels for SoundHound AI Inc (SOUN)
According to the 24-hour chart, there is a support level at 10.73, which, if violated, would cause prices to drop to 10.46. In the upper region, resistance lies at 11.45. The next price resistance is at 11.90. RSI (Relative Strength Index) is 60.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.46, which suggests the price will increase in the coming days. Percent R is at 41.62%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
