FiscalNote (NYSE:NOTE) Director Sells $22,876.80 in Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 4,766 shares of FiscalNote stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $4.80, for a total value of $22,876.80. Following the completion of the transaction, the director directly owned 214,490 shares in the company, valued at approximately $1,029,552. This represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, September 3rd, Tim Hwang sold 5,785 shares of FiscalNote stock. The stock was sold at an average price of $4.24, for a total value of $24,528.40.
• On Friday, August 1st, Tim Hwang sold 4,679 shares of FiscalNote stock. The stock was sold at an average price of $6.96, for a total value of $32,565.84.

FiscalNote Price Performance

FiscalNote stock opened at $5.17 on Friday. The stock’s 50 day moving average is $5.67 and its 200 day moving average is $7.32. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market cap of $74.14 million, a P/E ratio of -1.35 and a beta of 0.56. FiscalNote Holdings, Inc. has a one year low of $3.80 and a one year high of $24.36.

FiscalNote (NYSE:NOTE) last posted its quarterly earnings data on Thursday, August 7th. The company reported ($0.96) EPS for the quarter, topping analysts’ consensus estimates of ($1.08) by $0.12. The company had revenue of $23.26 million for the quarter, compared to analyst estimates of $22.83 million. FiscalNote had a negative return on equity of 61.31% and a negative net margin of 41.79%. FiscalNote has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that FiscalNote Holdings, Inc. will post -0.43 EPS for the current year.

Hedge Funds Weigh In On FiscalNote

Several institutional investors have recently added to or reduced their stakes in the business. Focus Partners Wealth lifted its stake in FiscalNote by 830.9% in the first quarter. Focus Partners Wealth now owns 800,033 shares of the company’s stock valued at $647,000 after buying an additional 714,091 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of FiscalNote by 17.4% during the first 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. raised its position in shares of FiscalNote by 8.2% during the first quarter. Goldman Sachs Group Inc. now owns 475,798 shares of the company’s stock worth $384,000 after purchasing an additional 35,984 shares during the period. Citizens Financial Group Inc. RI raised its position in shares of FiscalNote by 147.4% during the second quarter. Citizens Financial Group Inc. RI now owns 470,000 shares of the company’s stock worth $252,000 after purchasing an additional 280,000 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of FiscalNote during the second quarter worth approximately $232,000. 54.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on NOTE. Wall Street Zen lowered FiscalNote from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of FiscalNote in a research note on Saturday, September 27th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.