Keyvan Mohajer, CEO and 10% owner of SoundHound AI Inc (NASDAQ:SOUN) sold 48,837 shares of the company's stock on March 19, 2024, according to a recent SEC filing. The transaction was executed at an average price of $8.37 per share for him, for a total sale price of approximately $408,837.79. SoundHound AI Inc (NASDAQ:SOUN) is a company specializing in voice-enabled AI and conversational intelligence technologies. The company's advanced AI platform enables businesses to build intelligent, connected solutions that foster natural, human-like interactions between consumers and their products and services. Over the past year, insider Keyvan Mohajer sold a total of 505,504 shares of SoundHound AI. Inc. and does not purchase stock. This latest transaction continues the company's trend of insider sales, with a total of 48 insider sales and no insider purchases over the past year.
SoundHound AI Inc. has a market cap of approximately $2.066 billion, based on insider valuations of shares on the same day of recent sales. At the time of the transaction, the company's stock was trading at $8.37 per share. For more information on SoundHound AI Inc (NASDAQ:SOUN)'s insider transactions, interested parties may refer to the SEC filings using the link provided.
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