FiscalNote Holdings, Inc. (NYSE:NOTE) Director Sells $69,289.90 in Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 56,795 shares of FiscalNote stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $1.22, for a total transaction of $69,289.90. Following the transaction, the director now directly owns 2,237,129 shares in the company, valued at approximately $2,729,297.38. This represents a 2.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, November 25th, Tim Hwang sold 100 shares of FiscalNote stock. The stock was sold at an average price of $1.00, for a total value of $100.00.

FiscalNote Stock Up 3.5 %

Shares of NOTE stock traded up $0.05 during trading on Wednesday, reaching $1.33. The company’s stock had a trading volume of 2,354,656 shares, compared to its average volume of 4,402,732. The company has a market cap of $187.12 million, a price-to-earnings ratio of -6.02 and a beta of 0.41. FiscalNote Holdings, Inc. has a one year low of $0.75 and a one year high of $2.27. The business has a fifty day moving average price of $1.15 and a 200-day moving average price of $1.18. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.44.

Analyst Ratings Changes

Several brokerages have commented on NOTE. B. Riley dropped their target price on shares of FiscalNote from $2.00 to $1.75 and set a “buy” rating on the stock in a report on Wednesday, November 13th. EF Hutton Acquisition Co. I upgraded shares of FiscalNote to a “strong-buy” rating in a report on Monday, October 28th. Finally, D. Boral Capital reiterated a “buy” rating and set a $3.50 target price on shares of FiscalNote in a report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $2.83.

Institutional Trading of FiscalNote

Institutional investors and hedge funds have recently bought and sold shares of the stock. Stonehill Capital Management LLC acquired a new position in shares of FiscalNote during the 3rd quarter worth approximately $995,000. Squarepoint Ops LLC increased its holdings in FiscalNote by 181.9% during the second quarter. Squarepoint Ops LLC now owns 149,490 shares of the company’s stock worth $218,000 after buying an additional 96,457 shares during the last quarter. International Assets Investment Management LLC raised its position in FiscalNote by 35.1% during the third quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock worth $172,000 after acquiring an additional 34,956 shares in the last quarter. State Street Corp grew its position in shares of FiscalNote by 1.4% in the 3rd 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 period. Finally, Barclays PLC grew its position in shares of FiscalNote by 318.2% in the 3rd quarter. Barclays PLC now owns 86,286 shares of the company’s stock valued at $110,000 after acquiring an additional 65,655 shares during the period. Institutional investors own 54.31% of the company’s stock.

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.