Emami Majid, VP at Soundhound AI, sells $823,340 in stock

Majid Emami, Vice President at SoundHound AI, INC. (NASDAQ:SOUN), sold 41,167 shares of Class A Common Stock on October 8, 2025, at a price of $20.00, totaling $823,340. The sale occurred near the stock’s 52-week high of $24.98, with SOUN showing remarkable momentum, having gained over 110% in the past six months. According to InvestingPro analysis, the company, now valued at $7.5 billion, has demonstrated strong price performance despite high volatility.

Following the transaction, Emami directly owns 608,186 shares of SoundHound AI , INC. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted in March 2025. While the company maintains healthy liquidity with a current ratio of 4.84, InvestingPro analysis reveals 13 additional key insights about SOUN’s financial health and growth prospects, available in the comprehensive Pro Research Report.

In other recent news, SoundHound AI, Inc. has made several strategic moves to expand its AI capabilities and partnerships. The company announced its acquisition of Interactions, a firm specializing in AI for customer service, for approximately $60 million in cash, with additional payments contingent on revenue milestones. This acquisition is expected to enhance SoundHound’s position in conversational AI technology and contribute to its operating profitability. In a separate development, SoundHound has partnered with Red Lobster to implement AI-powered phone ordering across all its restaurant locations, streamlining operations by handling multiple calls and orders simultaneously.

Additionally, SoundHound AI has raised its stock price target to $17 from $15 by DA Davidson, which maintained a Buy rating following the acquisition announcement. The company is also collaborating with Apivia Courtage to deploy agentic AI technology in contact centers, leading to a reported 20% increase in productivity. Furthermore, Primary Health Solutions has adopted SoundHound’s AI platform to manage patient appointments, aiming to reduce hold times and improve staff efficiency. These developments highlight SoundHound AI’s ongoing efforts to broaden its reach and capabilities in various sectors.

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