Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SoundHound AI Inc shares valued at $1,328,907 were sold by EMAMI MAJID on Jun 10 ’25. At $10.04 per share, EMAMI MAJID sold 132,352 shares. The insider’s holdings dropped to 537,482 shares worth approximately $5.09 million following the completion of this transaction.
Also, MAJID EMAMI purchased 132,352 shares, netting a total of over 1,326,167 in proceeds.
Before that, STONEHOCKER TIMOTHY had sold 44,157 shares from its account. In a trade valued at $529,884, the Chief Technology Officer traded SoundHound AI Inc shares for $12.00 each. Upon closing the transaction, the insider’s holdings decreased to 44,157 shares, worth approximately $6.85 million.
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
Over the course of the year, SoundHound AI Inc shares have dropped approximately -52.27%. 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 9.38, which, if violated, would cause prices to drop to 9.28. In the upper region, resistance lies at 9.65. The next price resistance is at 9.82. RSI (Relative Strength Index) is 45.54 on the 14-day chart, showing neutral technical sentiment.
