Insider Selling: FiscalNote Holdings, Inc. (NYSE:NOTE) Director Sells 51,137 Shares of Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 51,137 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was 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 trade represents a 1.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 0.4 %

Shares of NYSE:NOTE opened at $1.14 on Thursday. The company’s 50-day moving average price is $1.34 and its two-hundred day moving average price is $1.18. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.81 and a quick ratio of 0.81. FiscalNote Holdings, Inc. has a one year low of $0.75 and a one year high of $2.27. The stock has a market capitalization of $160.28 million, a PE ratio of -5.16 and a beta of 0.41.

Analysts Set New Price Targets

Several analysts have commented on the stock. D. Boral Capital upped their target price on shares of FiscalNote from $3.50 to $3.75 and gave the company a “buy” rating in a research report on Tuesday, February 25th. B. Riley reduced their target price on shares of FiscalNote from $2.00 to $1.75 and set a “buy” rating for the company in a research note on Wednesday, November 13th. One 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 MarketBeat.com, FiscalNote currently has a consensus rating of “Buy” and a consensus price target of $2.89.

Institutional Investors Weigh In On FiscalNote

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kennedy Capital Management LLC lifted its position in FiscalNote by 154.9% during the 4th quarter. Kennedy Capital Management LLC now owns 2,272,722 shares of the company’s stock worth $2,432,000 after buying an additional 1,381,166 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of FiscalNote by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 1,576,432 shares of the company’s stock valued at $1,687,000 after purchasing an additional 25,501 shares during the period. State Street Corp raised its holdings 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 purchasing an additional 17,624 shares during the period. Stonehill Capital Management LLC bought a new stake in shares of FiscalNote in the 3rd quarter valued at about $995,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in 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 acquiring an additional 21,811 shares during the period. 54.31% of the stock is owned by institutional investors.

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.