Tim Hwang Sells 51,137 Shares of FiscalNote Holdings, Inc. (NYSE:NOTE) Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 51,137 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $1.13, for a total transaction of $57,784.81. Following the completion of the transaction, the director now owns 2,655,992 shares of the company’s stock, valued at $3,001,270.96. This represents a 1.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, February 3rd, Tim Hwang sold 56,795 shares of FiscalNote stock. The stock was sold at an average price of $1.22, for a total transaction of $69,289.90.

FiscalNote Trading Down 6.6 %

Shares of NOTE stock opened at $1.07 on Friday. FiscalNote Holdings, Inc. has a 12 month low of $0.75 and a 12 month high of $2.27. The company has a market cap of $150.40 million, a PE ratio of -4.84 and a beta of 0.41. The business’s 50 day moving average is $1.34 and its two-hundred day moving average is $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 Upgrades and Downgrades

NOTE has been the topic of a number of research analyst reports. D. Boral Capital increased their target price on FiscalNote from $3.50 to $3.75 and gave the stock a “buy” rating in a report on Tuesday, February 25th. B. Riley decreased their price objective on FiscalNote from $2.00 to $1.75 and set a “buy” rating for the company in a report on Wednesday, November 13th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $2.89.

Hedge Funds Weigh In On FiscalNote

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Stonehill Capital Management LLC acquired a new position in shares of FiscalNote during the third quarter worth approximately $995,000. International Assets Investment Management LLC lifted its position in shares of FiscalNote by 35.1% in the third quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock worth $172,000 after purchasing an additional 34,956 shares in the last quarter. State Street Corp grew 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 purchasing an additional 17,624 shares in the last quarter. Geode Capital Management LLC lifted its stake in FiscalNote by 7.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,550,931 shares of the company’s stock valued at $1,986,000 after purchasing an additional 108,320 shares during the last quarter. Finally, Barclays PLC boosted its position in FiscalNote by 318.2% during the third quarter. Barclays PLC now owns 86,286 shares of the company’s stock worth $110,000 after purchasing an additional 65,655 shares during the period. Institutional investors own 54.31% of the company’s stock.

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.