FiscalNote (NYSE:NOTE) Director Tim Hwang Sells 7,695 Shares of Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 7,695 shares of FiscalNote stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $2.59, for a total transaction of $19,930.05. Following the completion of the transaction, the director directly owned 206,795 shares in the company, valued at approximately $535,599.05. The trade was a 3.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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 transaction of $24,528.40.

FiscalNote Price Performance

NYSE NOTE opened at $3.01 on Tuesday. The firm’s fifty day simple moving average is $4.45 and its two-hundred day simple moving average is $6.33. The firm has a market capitalization 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. FiscalNote Holdings, Inc. has a 12-month low of $2.50 and a 12-month high of $24.36.

FiscalNote (NYSE:NOTE) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($1.73) EPS for the quarter, missing the consensus estimate of ($0.84) by ($0.89). FiscalNote had a negative net margin of 54.31% and a negative return on equity of 71.72%. The business had revenue of $22.43 million for the quarter, compared to analysts’ expectations of $22.83 million. FiscalNote has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts forecast that FiscalNote Holdings, Inc. will post -0.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NOTE. Weiss Ratings restated a “sell (e+)” rating on shares of FiscalNote in a research note on Wednesday, October 8th. Wall Street Zen downgraded shares of FiscalNote from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Finally, D. Boral Capital restated a “buy” rating and set a $45.00 price target on shares of FiscalNote in a research note on Tuesday, August 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $29.25.

Institutional Trading of FiscalNote

Several institutional investors and hedge funds have recently bought and sold shares of the business. R Squared Ltd purchased a new stake in shares of FiscalNote in the 2nd quarter valued at $27,000. Jefferies Financial Group Inc. acquired a new position in FiscalNote during the first quarter valued at $40,000. Bank of America Corp DE boosted its holdings in FiscalNote by 51.5% in the fourth quarter. Bank of America Corp DE now owns 49,042 shares of the company’s stock valued at $52,000 after purchasing an additional 16,675 shares during the last quarter. XTX Topco Ltd grew its position in FiscalNote by 338.3% during the 1st quarter. XTX Topco Ltd now owns 71,219 shares of the company’s stock worth $58,000 after purchasing an additional 54,970 shares during the period. Finally, International Assets Investment Management LLC grew its position in FiscalNote by 25.2% during the 2nd quarter. International Assets Investment Management LLC now owns 158,835 shares of the company’s stock worth $85,000 after purchasing an additional 32,000 shares during the period. 54.31% of the stock is currently owned by institutional investors and hedge funds.

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.