Tim Hwang Sells 4,766 Shares of FiscalNote (NYSE:NOTE) Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 4,766 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $1,029,552. The trade was a 2.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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 transaction of $24,528.40.
• On Friday, August 1st, Tim Hwang sold 4,679 shares of FiscalNote stock. The shares were sold at an average price of $6.96, for a total transaction of $32,565.84.

FiscalNote Stock Up 4.0%

NOTE stock opened at $5.17 on Monday. The firm’s 50-day moving average is $5.67 and its two-hundred day moving average is $7.28. The company has a market capitalization of $74.14 million, a price-to-earnings ratio of -1.35 and a beta of 0.56. FiscalNote Holdings, Inc. has a 52 week low of $3.80 and a 52 week high of $24.36. 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 (NYSE:NOTE) last posted its quarterly earnings data on Thursday, August 7th. The company reported ($0.96) EPS for the quarter, beating analysts’ consensus estimates of ($1.08) by $0.12. The business had revenue of $23.26 million for the quarter, compared to analyst estimates of $22.83 million. FiscalNote had a negative net margin of 41.79% and a negative return on equity of 61.31%. FiscalNote has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that FiscalNote Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wall Street Zen cut shares of FiscalNote from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. D. Boral Capital reiterated a “buy” rating and issued a $45.00 target price on shares of FiscalNote in a report on Tuesday, August 12th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of FiscalNote in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, FiscalNote has an average rating of “Moderate Buy” and a consensus price target of $29.25.

Institutional Inflows and Outflows

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

FiscalNote Company Profile

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.