A new trading day began on Friday, with SoundHound AI Inc (NASDAQ: SOUN) stock price up 0.06% from the previous day of trading, before settling in for the closing price of $17.84. SOUN’s price has ranged from $4.56 to $24.98 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 99.73%. With a float of $364.87 million, this company’s outstanding shares have now reached $373.06 million.
SoundHound AI Inc (SOUN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of SoundHound AI Inc is 10.50%, while institutional ownership is 43.21%. The most recent insider transaction that took place on Sep 22 ’25, was worth 2,098,697. In this transaction Chief Financial Officer of this company sold 126,596 shares at a rate of $16.58, taking the stock ownership to the 1,796,304 shares. Before that another transaction happened on Sep 22 ’25, when Company’s VP, Engineering sold 42,119 for $16.00, making the entire transaction worth $673,971. This insider now owns 685,538 shares in total.
SoundHound AI Inc (SOUN) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.04 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 99.73% per share during the next fiscal year.
SoundHound AI Inc (NASDAQ: SOUN) Trading Performance Indicators
Here are SoundHound AI Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 55.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.28 in one year’s time.
Technical Analysis of SoundHound AI Inc (SOUN)
SoundHound AI Inc (NASDAQ: SOUN) saw its 5-day average volume 65.93 million, a positive change from its year-to-date volume of 46.26 million. As of the previous 9 days, the stock’s Stochastic %D was 49.13%.
During the past 100 days, SoundHound AI Inc’s (SOUN) raw stochastic average was set at 85.66%, which indicates a significant increase from 73.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.33 in the past 14 days, which was higher than the 0.90 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.01, while its 200-day Moving Average is $12.32. Nevertheless, the first resistance level for the watch stands at $18.87 in the near term. At $19.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.68. If the price goes on to break the first support level at $17.06, it is likely to go to the next support level at $16.27. The third support level lies at $15.25 if the price breaches the second support level.
SoundHound AI Inc (NASDAQ: SOUN) Key Stats
With a market capitalization of 7.28 billion, the company has a total of 407,686K Shares Outstanding. Currently, annual sales are 84,690 K while annual income is -350,680 K. The company’s previous quarter sales were 42,680 K while its latest quarter income was -74,720 K.
