Virtu Financial LLC Takes $47,000 Position in FiscalNote Holdings, Inc. (NYSE:NOTE)

Virtu Financial LLC bought a new position in shares of FiscalNote Holdings, Inc. (NYSE:NOTE) during the 3rd quarter, HoldingsChannel reports. The fund bought 36,801 shares of the company’s stock, valued at approximately $47,000.

Other hedge funds also recently modified their holdings of the company. State Street Corp increased its stake in FiscalNote by 1.4% in the third quarter. State Street Corp now owns 1,261,429 shares of the company’s stock valued at $1,615,000 after acquiring an additional 17,624 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of FiscalNote in the 2nd quarter valued at $26,000. Charles Schwab Investment Management Inc. increased its stake in shares of FiscalNote by 4.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 566,144 shares of the company’s stock valued at $725,000 after purchasing an additional 21,811 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of FiscalNote by 35.1% during the 3rd quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock worth $172,000 after buying an additional 34,956 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of FiscalNote by 318.2% during the 3rd quarter. Barclays PLC now owns 86,286 shares of the company’s stock worth $110,000 after buying an additional 65,655 shares during the last quarter. Institutional investors own 54.31% of the company’s stock.

Wall Street Analyst Weigh In

NOTE has been the topic of a number of recent analyst reports. B. Riley decreased their target price on FiscalNote from $2.00 to $1.75 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. EF Hutton Acquisition Co. I upgraded shares of FiscalNote to a “strong-buy” rating in a research report on Monday, October 28th.

Insider Transactions at FiscalNote

In related news, CEO Tim Hwang sold 22,186 shares of the business’s stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $1.18, for a total value of $26,179.48. Following the sale, the chief executive officer now owns 2,471,867 shares of the company’s stock, valued at $2,916,803.06. The trade was a 0.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last three months, insiders have sold 58,660 shares of company stock worth $70,950. Insiders own 41.75% of the company’s stock.

FiscalNote Trading Up 5.7 %

Shares of NOTE stock opened at $1.11 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $156.75 million, a P/E ratio of -5.05 and a beta of 0.48. FiscalNote Holdings, Inc. has a twelve month low of $0.75 and a twelve month high of $2.27. The stock’s fifty day simple moving average is $0.96 and its 200 day simple moving average is $1.25.

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.