SoundThinking, Inc. (SSTI)

SoundThinking, Inc. (SSTI) stock has experienced a notable decline in the past six months. Key events impacting the stock include Q1 2025 financial results with increased revenues but reaffirmed full-year guidance, Q2 2025 financial results with decreased revenues and gross profit, a downgrade by Cantor Fitzgerald, and new appointments and the opening of a new Alert Review Center.

No explicit information regarding the demand seasonality for SoundThinking, Inc.'s products and services was found. The company's revenue streams are largely subscription-based.

SoundThinking, Inc. is a public safety technology company providing AI- and data-driven solutions. Its SafetySmart™ platform includes ShotSpotter®, CrimeTracer™, CaseBuilder™, ResourceRouter™, SafePointe®, and PlateRanger™ powered by Rekor.

SoundThinking serves over 300 customers and has collaborated with approximately 2,100 agencies. The company has a significant presence in the United States, serving 64% of the top 50 metropolitan areas. Internationally, SoundThinking has customers in South Africa, the Bahamas, and Uruguay, and is actively pursuing expansion opportunities in Latin America, including Brazil and Mexico.

SoundThinking has a positive brand reputation, evidenced by its designation as a Great Place to Work® Company. Its ShotSpotter service has consistently achieved a high Net Promoter Score (NPS). The company released its third Environmental, Social, and Governance (ESG) Report in November 2024. The company's stock has underperformed the US Software industry and the broader US Market over the past year.

The ownership structure of SoundThinking Inc (SSTI) is a mix of institutional, retail, and individual investors. Institutional investors hold approximately 32.31% to 86.65% of the company's stock, with 183 institutional owners holding a total of 8,280,286 shares. Insiders own about 8.55%, and public companies and individual investors account for 59.14%. Major institutional owners include Federated Kaufmann Small Cap Fund Class A Shares, Federated Hermes, Inc., Kopion Asset Management, LLC, BlackRock, Inc., Wasatch Advisors Inc, Vanguard Group Inc, Disciplined Growth Investors Inc /mn, Rice Hall James & Associates, Llc, and Yost Capital Management, L.L.C. Ralph Clark is a notable individual owner.