SoundHound AI Inc CEO and 10% Owner Keyvan Mohajer Sells Company Shares
Keyvan Mohajer, CEO and 10% Owner of SoundHound AI Inc (NASDAQ:SOUN), has sold 48,837 shares of the company on March 19, 2024, according to a recent SEC filing. The transaction was executed at an average price of $8.37 per share, indicating a total sale amount of approximately $408,837.79.SoundHound AI Inc (NASDAQ:SOUN) is a company that specializes in voice-enabled AI and conversational intelligence technologies. The company's advanced AI platform enables businesses to build intelligent and connected solutions that facilitate natural, human-like interactions between consumers and their products or services.Over the past year, the insider, Keyvan Mohajer, has sold a total of 505,504 shares of SoundHound AI Inc and has not made any share purchases. This latest transaction continues a trend of insider sales at the company, with a total of 48 insider sells and no insider buys occurring over the past year.
The stock's valuation on the day of the insider's recent sale places SoundHound AI Inc's market cap at approximately $2.066 billion. The company's shares were trading at $8.37 each at the time of the transaction.For more detailed information on insider transactions at SoundHound AI Inc (NASDAQ:SOUN), interested parties can refer to the SEC filing through the provided link.
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