<div id="readability-page-1"><p>Charles Schwab Investment Management Inc. boosted its stake in shares of  SoundHound AI, Inc. (NASDAQ:SOUN - Free Report) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The firm owned 3,364,998 shares of the company's stock after purchasing an additional 82,428 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.80% of SoundHound AI worth $33,549,000 at the end of the most recent reporting period.</p><ul><li>SoundHound’s Bottom Is In—Inflection and 50% Upside Ahead?</li></ul><p>Other large investors also recently bought and sold shares of the company. Danske Bank A S purchased a new position in  SoundHound AI during the third quarter worth approximately $26,000.  Northwestern Mutual Wealth Management Co. raised its stake in  SoundHound AI by 83.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company's stock worth $25,000 after purchasing an additional 1,060 shares during the period.  Dogwood Wealth Management LLC raised its stake in  SoundHound AI by 152.1% during the fourth quarter. Dogwood Wealth Management LLC now owns 2,559 shares of the company's stock worth $26,000 after purchasing an additional 1,544 shares during the period.  Parallel Advisors LLC raised its stake in  SoundHound AI by 42.8% during the third quarter. Parallel Advisors LLC now owns 3,204 shares of the company's stock worth $52,000 after purchasing an additional 960 shares during the period.  Finally, Bfsg LLC raised its stake in  SoundHound AI by 53.2% during the third quarter. Bfsg LLC now owns 3,270 shares of the company's stock worth $53,000 after purchasing an additional 1,135 shares during the period. Hedge funds and other institutional investors own  19.28% of the company's stock. </p><div><p><span></span><span>Get <strong>SoundHound AI</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><p>A number of research firms have weighed in on SOUN. Zacks Research raised shares of SoundHound AI from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Monday, February 9th. HC Wainwright dropped their price objective on shares of SoundHound AI from $26.00 to $20.00 and set a &#34;buy&#34; rating for the company in a research report on Monday, March 2nd. Piper Sandler  reissued a &#34;neutral&#34; rating and issued a $9.00 price objective (down from $11.00) on shares of SoundHound AI in a research report on Friday, February 27th. LADENBURG THALM/SH SH raised shares of SoundHound AI to a &#34;strong-buy&#34; rating in a research report on Wednesday, May 6th. Finally, DA Davidson  reissued a &#34;buy&#34; rating and issued a $14.00 price objective on shares of SoundHound AI in a research report on Wednesday, April 22nd. One investment analyst  has rated the stock with a Strong Buy rating, five have assigned  a Buy rating, three have assigned  a Hold rating and one  has assigned  a Sell rating to the company. According to data from MarketBeat.com, SoundHound AI currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $14.93.</p><ul><li>MarketBeat Week in Review – 02/23 - 02/27</li></ul><p><b>View Our Latest Analysis on SOUN</b></p><h2>Insider Buying and Selling at SoundHound AI</h2><p>In related news, CFO Nitesh Sharan sold 44,027 shares of the firm's stock in a transaction on Friday, March 20th. The shares were sold at an average price of $6.79, for a total transaction of $298,943.33. Following the completion of the sale, the chief financial officer directly owned 1,661,121 shares of the company's stock, valued at approximately $11,279,011.59. This trade represents a 2.58% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, COO Michael Zagorsek sold 52,968 shares of the firm's stock in a transaction on Friday, March 20th. The shares were sold at an average price of $6.79, for a total transaction of $359,652.72. Following the sale, the chief operating officer directly owned 1,734,491 shares of the company's stock, valued at approximately $11,777,193.89. The trade was a 2.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 307,973 shares of company stock worth $2,091,110. 8.84% of the stock is currently owned by insiders. </p><h2>SoundHound AI Stock Down 1.3%</h2><ul><li>SoundHound’s New Sales Assist Agent Put Voice AI Back in the Spotlight</li></ul><p>SoundHound AI stock opened at $8.41 on Friday. SoundHound AI, Inc. has a 52-week low of $5.83 and a 52-week high of $22.17. The firm has a fifty day moving average of $7.56 and a 200-day moving average of $9.83. The firm has a market capitalization of $3.56 billion, a P/E ratio of -17.89 and a beta of 2.58. </p><p>SoundHound AI (NASDAQ:SOUN - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The business had revenue of $44.20 million during the quarter, compared to analyst estimates of $42.56 million. SoundHound AI had a negative return on equity of 40.15% and a negative net margin of 91.84%.SoundHound AI's revenue was up 51.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.06) EPS.  On average, research analysts expect that  SoundHound AI, Inc. will post -0.34 EPS for the current fiscal year. </p><h2>SoundHound AI Company Profile</h2> (Free Report)<p>SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.  </p><p>The company's core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than SoundHound AI</li><li>3 Stocks to Own If Gas Prices Keep Rising</li><li>3 Crucial Aerospace Component Makers That Analysts Love</li><li>Alphabet's Googlebook Brings Gemini AI to PC Hardware</li><li>Peloton Stock Gives Back Gains After Upbeat Earnings Report</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U09VTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U09VTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SoundHound AI Right Now?</h2><p>Before you consider SoundHound AI, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SoundHound AI wasn't on the list.</p><p>While SoundHound AI currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SOUN

AIBU

SOUX

ROBT

BOTZ

<p>Charles Schwab Investment Management Inc. increased its stake in SoundHound AI, Inc. by 2.5% in Q4, owning 3,364,998 shares valued at $33.5 million. Other investors also adjusted their positions, with hedge funds holding 19.28% of the stock. Analysts have mixed ratings on SoundHound AI, with an average target price of $14.93. Recently, insiders sold shares, and the stock is currently down 1.3%. SoundHound AI's stock opened at $8.41, with a 52-week range of $5.83 to $22.17.</p>

Market Beat

SoundHound AI

iShares Expanded Tech Software Sector ETF

VG Info Tech

Direxion Daily AI And Big Data Bull 2X

Defiance Daily Target 2X Long SOUN ETF

ISHRS S&P Glb It

FT Nasdq AI & Robotics

Global X Robotics & Artificial

SPDR S&P Software

Charles Schwab

Danske Bank

Piper Sandler Cos

SoundHound AI - CW27

SCHWAB(CHARLES)CORP 5.95% DEP SHS REP 1/40 NON CUM PERP PF D

SCHWAB(CHARLES)CORP 4.450% DEP SHS REP 1/40TH N-CUM PFD SERJ

Charles Schwab Investment Management Inc. Boosts Stock Holdings in SoundHound AI, Inc. $SOUN