Soundhound AI CTO Stonehocker sells $1.4m in shares

Soundhound AI, Inc. (NASDAQ:SOUN), currently valued at $7.57 billion, has seen its stock surge over 258% in the past year. Chief Technology Officer Timothy Stonehocker sold 70,524 shares of Class A Common Stock on October 8, 2025, at a price of $20.00, for a total transaction value of $1,410,480. InvestingPro analysis indicates the stock is trading above its Fair Value, with high volatility in price movements.

Following the transaction, Stonehocker directly owns 606,525 shares of Soundhound AI, Inc. This transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted in December 2024. For deeper insights into insider trading patterns and 13 additional key metrics, check out the comprehensive research report available on InvestingPro.

In other recent news, SoundHound AI , Inc. reported several significant developments. The company has acquired Interactions, a provider of AI-powered voice assistants, for approximately $60 million in cash, with potential additional payments based on revenue milestones. This acquisition is expected to enhance SoundHound’s capabilities in conversational AI technology and improve its operating profitability. Additionally, DA Davidson has raised its price target for SoundHound AI to $17, maintaining a Buy rating, following this acquisition.

In partnership news, SoundHound AI has teamed up with Red Lobster to implement AI-powered phone ordering across all its restaurant locations, aiming to streamline operations by handling multiple calls and sending orders directly to the point-of-sale system. Furthermore, SoundHound AI and Apivia Courtage have collaborated to deploy agentic AI technology in Apivia’s contact centers, resulting in a 20% productivity increase. Primary Health Solutions has also adopted SoundHound AI’s platform to enhance patient engagement, allowing patients to manage appointments via speech or text. These recent developments underscore SoundHound AI’s expanding influence across various sectors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.