From MarketBeat: Timothy Stonehocker Sells 5,100 Shares of SoundHound AI, Inc. (NASDAQ:SOUN) Stock

From MarketBeat:



SoundHound AI, Inc. CTO Timothy Stonehocker sold 5,100 shares of the company’s stock on Thursday, December 21st at an average price of $2.10, totaling $10,710. The company’s stock was traded up 2.9% on Tuesday, December 26th. This comes after Stonehocker also sold shares of the company on Tuesday, November 21st and Monday, October 23rd. Analysts have issued price targets and ratings on the company’s stock, including a “buy” rating and $5.00 price objective from HC Wainwright, as well as a 52 week high of $5.11. Also, institutional investors own 26.96% of the company’s stock.
SoundHound AI, Inc. is a voice artificial intelligence company based in Santa Clara, California, offering a suite of Houndify tools to help brands build conversational voice assistants. The company reported its quarterly earnings results on November 10th, with a net loss of $0.09 per share. Despite the positive ratings and high trading volumes, SoundHound AI wasn’t included in the list of five top stocks quietly recommended by top analysts.

This news article discusses the recent stock transactions of SoundHound AI, Inc. CTO Timothy Stonehocker, the company’s current stock performance, earnings reports, and analyst ratings. It also provides background information about the company and highlights that while the company has a “Buy” rating among analysts, it was not included in the top five stocks recommended by top-rated analysts.



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