The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 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 $7.35 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 their initiating research note from Piper Sandler on May 27, 2025, SoundHound AI Inc [SOUN] has been an Overweight and the price target has been revised to $12. Analysts at Ladenburg Thalmann downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid November. As of August 09, 2024, Cantor Fitzgerald has increased its “Neutral” rating to a “an Overweight” for SOUN. Earlier on April 11, 2024, Cantor Fitzgerald upgraded its rating. Their new recommendation was “a Neutral” for SOUN stock which previously was a “an Underweight”.
Analyzing SOUN Stock Performance
During the last five days, there has been a drop of approximately -7.38%. Over the course of the year, SoundHound AI Inc shares have dropped approximately -48.79%. 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.
Support And Resistance Levels for SoundHound AI Inc (SOUN)
According to the 24-hour chart, there is a support level at 9.85, which, if violated, would cause prices to drop to 9.53. In the upper region, resistance lies at 10.35. The next price resistance is at 10.53. RSI (Relative Strength Index) is 51.68 on the 14-day chart, showing neutral technical sentiment.
