According to a recent SEC filing, Keyvan Mohajer, the CEO and 10% Owner of SoundHound AI Inc (NASDAQ:SOUN), has sold 48, 837 shares of the company on March 19, 2024. The average price per share for this transaction was $8. 37, resulting in a total sale amount of approximately $408, 837. 79. SoundHound AI Inc, listed on NASDAQ, specializes in voice-enabled AI and conversational intelligence technologies. Their advanced AI platform enables businesses to create intelligent and connected solutions, facilitating natural interactions between consumers and their products or services. Keyvan Mohajer, the insider, has sold a total of 505, 504 shares of SoundHound AI Inc over the past year, with no share purchases. This recent transaction is part of a trend of insider sales at the company, with 48 insider sells and no insider buys in the past year. The market cap for SoundHound AI Inc, based on the valuation of the stock on the day of the insider's sale, is approximately $2. 066 billion. At the time of the transaction, the company's shares were trading at $8. 37 each. For more detailed information on insider transactions, interested parties can refer to the SEC filing using the provided link. Please note that this article, generated by GuruFocus, is intended to provide general insights and is not personalized financial advice.
It is based on historical data, analyst projections, and an impartial methodology. It does not make specific recommendations to buy or sell any stocks and does not consider individual investment objectives or financial circumstances. The objective is to provide long-term, data-driven analysis. It's important to be aware that the analysis may not include the most recent price-sensitive company announcements or qualitative information. GuruFocus holds no position in the mentioned stocks.
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