SOUN Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own SOUN shares is 427, representing 33.66% of the company's common stock.

NORTHERN TRUST CORP, in the last quarter, reduced its stake in SOUN by -2.26% restricting it's holding to 1.41 million shares of worth nearly $8.29M. MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. also lessened -24.92% of the SOUN shares from its portfolio, reducing its holding to 1.26 million shares of worth $2.84M. TOCQUEVILLE ASSET MANAGEMENT L.P. also shunned SOUN shares holding by -9.18% last quarter which brought its holding to 969.51 thousand shares worth $5.71M.

As per its latest 13F filing, BLACKROCK INC. increased its stake in SOUN by 4.97% in the last quarter. The institutional holder raised its holding to 12.34 million shares having worth more than $72.70M. BAUPOST GROUP LLC/MA also added 100% more shares of SOUN to its portfolio, raising its holding to 1.13 million shares of worth $5.55M. SUSQUEHANNA INTERNATIONAL GROUP, LLP also increased its SOUN shares holding by 29.36% which brought its holding to 525.31 thousand shares worth $3.09M.

The insider with the most stakes in SOUN is Archimedes Tech SPAC Sponsors LLC , 10 percent owner at the company. Additionally, SOUN stock is highly held by Chief Executive Officer Cannon Stephen N and CEO MOHAJER KEYVAN among others.

Company executives, directors, and other insiders own 2.15% percent of SoundHound AI, Inc.'s stock. Within the last six months, there have been 32 transaction(s) in which SOUN insiders have sold stock, totaling 2.77M shares. Insiders that have sold shares include MOHAJER KEYVAN, SROKA DIANA, and MARCUS LAWRENCE.

There have been 0 transaction(s) during the past 6-months in which SoundHound AI, Inc. insiders have bought stock, totalling 0 shares

Around 33.18M SoundHound AI, Inc. shares are held by insiders, which represents about 2.15% of SOUN stock.

SOUN 10 percent owner, Archimedes Tech SPAC Sponsors LLC holds the largest portfolio of the company's shares. SOUN shares owned by Archimedes total nearly 3.71 million.

BLACKROCK INC. is the largest institutional owner in SOUN which holds 12.34 million shares worth $72.70M or 5.38% of the total SOUN shares outstanding followed by NORTHERN TRUST CORP with ownership of 1.41 million shares representing 0.61% of the SOUN ownership. MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. is the third largest stakeholder with 1.26 million shares or 0.55% of the ownership worth more than $2.84M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the SOUN is concerned, it is a stock which is optionable.

Number of SOUN shares short is 101.80M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 360.77M shares of SOUN are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, SOUN has 329.14M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for SOUN is 1.65.