FiscalNote Holdings, Inc. (NYSE:NOTE) Receives $29.25 Average PT from Brokerages

Shares of FiscalNote Holdings, Inc. (NYSE:NOTE) have been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $29.25.

A number of equities analysts have weighed in on the company. Wall Street Zen lowered FiscalNote from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of FiscalNote in a research report on Wednesday, October 8th. Finally, D. Boral Capital reissued a “buy” rating and issued a $45.00 target price on shares of FiscalNote in a research report on Tuesday, August 12th.

FiscalNote Stock Performance

Shares of FiscalNote stock opened at $4.31 on Friday. The stock has a market cap of $61.81 million, a price-to-earnings ratio of -1.12 and a beta of 0.56. The firm’s 50-day moving average is $4.84 and its 200 day moving average is $6.64. FiscalNote has a 1 year low of $3.80 and a 1 year high of $24.36. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.25 and a quick ratio of 1.25.

FiscalNote (NYSE:NOTE) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($0.96) earnings per share (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 analysts’ expectations 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. Sell-side analysts anticipate that FiscalNote will post -0.43 EPS for the current fiscal year.

Insider Activity

In other FiscalNote news, Director Tim Hwang sold 4,679 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $6.96, for a total transaction of $32,565.84. Following the completion of the sale, the director directly owned 225,033 shares in the company, valued at $1,566,229.68. The trade was a 2.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last ninety days, insiders sold 15,230 shares of company stock worth $79,971. Insiders own 36.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. R Squared Ltd purchased a new position in shares of FiscalNote during the 2nd quarter valued at about $27,000. Jefferies Financial Group Inc. purchased a new position in FiscalNote during the 1st quarter valued at approximately $40,000. Bank of America Corp DE lifted its stake in shares of FiscalNote by 51.5% in the 4th 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 lifted its stake in shares of FiscalNote by 338.3% in the 1st 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 during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of FiscalNote by 25.2% in the 2nd 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 during the last quarter. 54.31% of the stock is owned by hedge funds and other institutional investors.

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.