SoundHound AI Stock: Should Investors Worry About Recent Insider Selling by Executives?

SoundHound AI (NASDAQ: SOUN) share prices have been volatile over the past year, which can put insider selling under the microscope. In September, three top executives sold stock: CTO Timothy Stonehocker sold about 2,200 shares, VP of Engineering Majid Emami unloaded roughly 36,000 shares, and CFO Nitesh Sharan sold more than 60,000 shares. These trades were also made under 10b5-1 plans, which means they were pre-scheduled. The sales were small in context, and all three execs continue to own a lot of stock. As such, this doesn't look like executives were rushing for the exits, but instead routine selling after a strong run in the stock. Meanwhile, insider selling has not been a reliable indicator of SoundHound AI's past performance.While sometimes the headlines of executive selling can be alarming, it's generally not something that most investors should worry about. Executives sell shares for a lot of reasons, and often much of their compensation comes in the form of stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool