FiscalNote (NYSE:NOTE) Director Sells $19,930.05 in Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 7,695 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $2.59, for a total value of $19,930.05. Following the transaction, the director directly owned 206,795 shares of the company’s stock, valued at approximately $535,599.05. This trade represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Wednesday, October 1st, Tim Hwang sold 4,766 shares of FiscalNote stock. The shares were sold at an average price of $4.80, for a total transaction of $22,876.80.
• On Wednesday, September 3rd, Tim Hwang sold 5,785 shares of FiscalNote stock. The shares were sold at an average price of $4.24, for a total value of $24,528.40.

FiscalNote Price Performance

Shares of FiscalNote stock traded down $0.05 on Monday, reaching $3.01. The stock had a trading volume of 137,693 shares, compared to its average volume of 251,939. FiscalNote Holdings, Inc. has a 1 year low of $2.50 and a 1 year high of $24.36. The company has a market cap of $43.18 million, a P/E ratio of -0.71 and a beta of 0.55. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23. The business’s 50 day moving average is $4.49 and its two-hundred day moving average is $6.36.

FiscalNote (NYSE:NOTE) last released its quarterly earnings results on Thursday, November 6th. The company reported ($1.73) earnings per share for the quarter, missing the consensus estimate of ($0.84) by ($0.89). FiscalNote had a negative return on equity of 71.72% and a negative net margin of 54.31%.The firm had revenue of $22.43 million during the quarter, compared to the consensus estimate of $22.83 million. FiscalNote has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts anticipate that FiscalNote Holdings, Inc. will post -0.43 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Focus Partners Wealth lifted its stake in shares of FiscalNote by 830.9% in the 1st quarter. Focus Partners Wealth now owns 800,033 shares of the company’s stock valued at $647,000 after acquiring an additional 714,091 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in FiscalNote by 17.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 670,060 shares of the company’s stock worth $541,000 after purchasing an additional 99,115 shares during the period. Goldman Sachs Group Inc. lifted its position in FiscalNote by 8.2% in the first quarter. Goldman Sachs Group Inc. now owns 475,798 shares of the company’s stock valued at $384,000 after purchasing an additional 35,984 shares during the last quarter. Citizens Financial Group Inc. RI lifted its position in FiscalNote by 147.4% in the second quarter. Citizens Financial Group Inc. RI now owns 470,000 shares of the company’s stock valued at $252,000 after purchasing an additional 280,000 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of FiscalNote during the second quarter valued at approximately $232,000. 54.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NOTE has been the subject of several recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of FiscalNote in a report on Wednesday, October 8th. D. Boral Capital reissued a “buy” rating and issued a $45.00 price target on shares of FiscalNote in a research note on Tuesday, August 12th. Finally, Wall Street Zen cut shares of FiscalNote from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, FiscalNote has an average rating of “Moderate Buy” and an average target price of $29.25.

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.