FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang Sells 51,137 Shares

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 51,137 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $1.13, for a total transaction of $57,784.81. Following the transaction, the director now directly owns 2,655,992 shares of the company’s stock, valued at approximately $3,001,270.96. This represents a 1.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Tim Hwang also recently made the following trade(s):

• On Monday, February 3rd, Tim Hwang sold 56,795 shares of FiscalNote stock. The stock was sold at an average price of $1.22, for a total value of $69,289.90.

FiscalNote Price Performance

Shares of NYSE NOTE traded down $0.01 during midday trading on Wednesday, reaching $1.14. 974,192 shares of the company traded hands, compared to its average volume of 4,620,944. The stock’s 50-day simple moving average is $1.34 and its 200-day simple moving average is $1.18. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.81 and a current ratio of 0.81. FiscalNote Holdings, Inc. has a 12 month low of $0.75 and a 12 month high of $2.27. The firm has a market cap of $160.28 million, a PE ratio of -5.16 and a beta of 0.41.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of NOTE. Stonehill Capital Management LLC acquired a new stake in FiscalNote during the 3rd quarter valued at $995,000. International Assets Investment Management LLC increased its stake in shares of FiscalNote by 35.1% in the third quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock valued at $172,000 after buying an additional 34,956 shares in the last quarter. State Street Corp lifted its position in FiscalNote by 1.4% during the 3rd quarter. State Street Corp now owns 1,261,429 shares of the company’s stock worth $1,615,000 after buying an additional 17,624 shares in the last quarter. Geode Capital Management LLC grew its holdings in FiscalNote by 7.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,550,931 shares of the company’s stock worth $1,986,000 after acquiring an additional 108,320 shares during the last quarter. Finally, Barclays PLC increased its position in FiscalNote by 318.2% in the 3rd quarter. Barclays PLC now owns 86,286 shares of the company’s stock valued at $110,000 after acquiring an additional 65,655 shares in the last quarter. Institutional investors own 54.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on NOTE shares. B. Riley lowered their price objective on shares of FiscalNote from $2.00 to $1.75 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. D. Boral Capital boosted their price target on shares of FiscalNote from $3.50 to $3.75 and gave the company a “buy” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $2.89.

About FiscalNote

FiscalNote Holdings, Inc operates as technology company North America, Europe, Australia, and Asia. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company also delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships.