Majid Emami Sells 38,730 Shares of SoundHound AI (NASDAQ:SOUN) Stock

Posted by Stanley Muller on Sep 17th, 2026

SoundHound AI, Inc. (NASDAQ:SOUN – Get Free Report) SVP Majid Emami sold 38,730 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $6.33, for a total transaction of $245,160.90. Following the completion of the sale, the senior vice president directly owned 834,253 shares in the company, valued at approximately $5,280,821.49. This represents a 4.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SoundHound AI Trading Up 1.2%

NASDAQ:SOUN traded up $0.07 during trading hours on Thursday, hitting $6.00. 16,598,502 shares of the company were exchanged, compared to its average volume of 28,301,928. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of -15.79 and a beta of 2.66. SoundHound AI, Inc. has a one year low of $5.65 and a one year high of $22.17. The company has a fifty day simple moving average of $6.70 and a 200 day simple moving average of $7.24.

SoundHound AI (NASDAQ:SOUN – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.11. SoundHound AI had a negative return on equity of 30.22% and a negative net margin of 67.45%.The firm had revenue of $61.90 million for the quarter, compared to analyst estimates of $52.38 million. During the same quarter in the previous year, the company posted ($0.19) EPS. The business’s revenue was up 45.0% on a year-over-year basis. Equities research analysts predict that SoundHound AI, Inc. will post -0.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on SOUN shares. Piper Sandler dropped their target price on shares of SoundHound AI from $8.00 to $7.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. DA Davidson lowered their price objective on SoundHound AI from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Wall Street Zen upgraded shares of SoundHound AI from a “strong sell” rating to a “sell” rating in a research note on Sunday. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of SoundHound AI in a research report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, SoundHound AI presently has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Check Out Our Latest Stock Report on SOUN

Key Stories Impacting SoundHound AI

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

Positive Sentiment: Analysts cited by American Banking News assign SoundHound an average price target of $13.00, substantially above recent trading levels. This suggests potential upside if the company delivers on its growth plans. SoundHound AI Receives $13.00 Average Price Target from Analysts
Positive Sentiment: SoundHound’s Asia business has extended its deal momentum to five consecutive quarters, with additional wins in China and India and continued expansion of its OASYS automotive platform. The developments support the company’s international growth and automotive AI opportunity. SoundHound Asia Growth Extends to 5 Quarters
Neutral Sentiment: A comparison with NVIDIA highlights SoundHound’s rapid growth and narrowing losses, but also its much smaller scale, narrower voice-AI focus and lack of profitability. Investors may view the company as a higher-risk growth alternative within the AI sector. SoundHound vs. NVIDIA After Earnings
Negative Sentiment: CEO Keyvan Mohajer, COO Michael Zagorsek, SVP Majid Emami and insider James Hom collectively sold about 285,863 shares at an average price of $6.33. The filings state the sales were made to cover tax withholding tied to vested equity awards, which reduces their bearish significance, although the volume may still weigh on sentiment. SoundHound Insider Sale Filing
Negative Sentiment: SoundHound has recently declined alongside other speculative software names, including UiPath and C3.ai, despite broader market resilience. The sector-wide selling reflects investor caution toward unprofitable, high-volatility AI stocks and remains a headwind for SOUN. SoundHound AI Drops as Speculative Software Selling Intensifies

Hedge Funds Weigh In On SoundHound AI

A number of large investors have recently modified their holdings of SOUN. Hollencrest Capital Management grew its position in SoundHound AI by 197.5% in the 1st quarter. Hollencrest Capital Management now owns 3,615 shares of the company’s stock valued at $25,000 after purchasing an additional 2,400 shares during the period. SHP Wealth Management acquired a new position in SoundHound AI during the fourth quarter worth $27,000. Vermillion Wealth Management Inc. lifted its stake in shares of SoundHound AI by 5,164.8% in the fourth quarter. Vermillion Wealth Management Inc. now owns 4,791 shares of the company’s stock valued at $48,000 after buying an additional 4,700 shares in the last quarter. Clarus Group Inc. purchased a new stake in shares of SoundHound AI in the first quarter worth approximately $69,000. Finally, 180 Wealth Advisors LLC purchased a new stake in SoundHound AI in the 1st quarter valued at $69,000. 19.28% of the stock is currently owned by institutional investors.

SoundHound AI Company Profile

(Get Free Report)

SoundHound AI, Inc develops conversational artificial intelligence and voice-enabled technologies. Its platform is designed to let users interact with devices, applications and services through natural-language speech, supporting functions such as information retrieval, question answering and task completion.

The company’s offerings include the Houndify conversational AI platform, which businesses can use to build branded voice assistants, as well as SoundHound Chat AI, an in-car and consumer-oriented voice assistant that combines conversational capabilities with access to information and services.