FiscalNote Holdings, Inc. (NYSE:NOTE) Director Sells $57,784.81 in Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) Director Tim Hwang sold 51,137 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $1.13, for a total value of $57,784.81. Following the transaction, the director now directly owns 2,655,992 shares of the company’s stock, valued at approximately $3,001,270.96. The trade was a 1.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

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

FiscalNote Trading Down 0.4 %

Shares of FiscalNote stock traded down $0.01 during trading on Wednesday, hitting $1.14. The stock had a trading volume of 974,192 shares, compared to its average volume of 4,620,944. FiscalNote Holdings, Inc. has a 1 year low of $0.75 and a 1 year high of $2.27. The stock has a 50 day simple moving average of $1.34 and a 200 day simple moving average 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. The company has a market capitalization of $160.28 million, a PE ratio of -5.16 and a beta of 0.41.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on NOTE shares. B. Riley cut their price target on shares of FiscalNote from $2.00 to $1.75 and set a “buy” rating for the company in a report on Wednesday, November 13th. D. Boral Capital raised their target price on shares of FiscalNote from $3.50 to $3.75 and gave the stock a “buy” rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $2.89.

Institutional Investors Weigh In On FiscalNote

Institutional investors have recently bought and sold shares of the business. Wolverine Trading LLC raised its holdings in shares of FiscalNote by 95.1% during the fourth quarter. Wolverine Trading LLC now owns 34,137 shares of the company’s stock worth $39,000 after acquiring an additional 16,637 shares in the last quarter. Squarepoint Ops LLC purchased a new stake in shares of FiscalNote during the 4th quarter worth about $87,000. Deutsche Bank AG lifted its holdings in shares of FiscalNote by 425.0% during the 4th quarter. Deutsche Bank AG now owns 139,997 shares of the company’s stock valued at $150,000 after buying an additional 113,333 shares during the last quarter. Bank of America Corp DE grew 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 buying an additional 16,675 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of FiscalNote by 7.9% in the 4th quarter. Northern Trust Corp now owns 564,004 shares of the company’s stock valued at $603,000 after buying an additional 41,137 shares in the last quarter. 54.31% of the stock is currently owned by institutional investors and hedge funds.

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.