FiscalNote Holdings, Inc. (NYSE:NOTE – Get Free Report) CEO Tim Hwang sold 64,211 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $1.27, for a total transaction of $81,547.97. Following the completion of the sale, the chief executive officer now directly owns 2,541,513 shares in the company, valued at approximately $3,227,721.51. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Tim Hwang also recently made the following trade(s):
- On Thursday, August 1st, Tim Hwang sold 56,319 shares of FiscalNote stock. The shares were sold at an average price of $1.41, for a total transaction of $79,409.79.
- On Monday, July 1st, Tim Hwang sold 54,329 shares of FiscalNote stock. The shares were sold at an average price of $1.42, for a total transaction of $77,147.18.
FiscalNote Price Performance
NOTE opened at $1.27 on Friday. The firm’s 50-day simple moving average is $1.53 and its 200-day simple moving average is $1.46. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.01 and a current ratio of 1.01. FiscalNote Holdings, Inc. has a twelve month low of $0.65 and a twelve month high of $2.57. The firm has a market cap of $169.99 million, a price-to-earnings ratio of -3.51 and a beta of 0.45.
Institutional Investors Weigh In On FiscalNote
Several large investors have recently made changes to their positions in NOTE. AQR Capital Management LLC bought a new stake in FiscalNote during the 2nd quarter worth about $26,000. Natixis bought a new stake in FiscalNote during the 1st quarter worth about $40,000. International Assets Investment Management LLC grew its holdings in FiscalNote by 51.5% during the 1st quarter. International Assets Investment Management LLC now owns 109,200 shares of the company’s stock worth $136,000 after acquiring an additional 37,100 shares during the last quarter. Squarepoint Ops LLC grew its holdings in FiscalNote by 181.9% during the 2nd quarter. Squarepoint Ops LLC now owns 149,490 shares of the company’s stock worth $218,000 after acquiring an additional 96,457 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in FiscalNote during the 2nd quarter worth about $608,000. Institutional investors own 54.31% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on NOTE. DA Davidson lowered their price target on shares of FiscalNote from $1.35 to $1.05 and set a “neutral” rating on the stock in a report on Friday, August 9th. B. Riley lowered their price target on shares of FiscalNote from $2.25 to $2.00 and set a “buy” rating on the stock in a report on Monday, August 12th. Finally, Northland Securities lowered their price target on shares of FiscalNote from $6.00 to $5.00 and set an “outperform” rating on the stock in a report on Monday, August 12th.
View Our Latest Analysis on NOTE
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.
Featured Articles
- Five stocks we like better than FiscalNote
- Consumer Staples Stocks, Explained
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- How to Plot Fibonacci Price Inflection Levels
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- What Are Trending Stocks? Trending Stocks Explained
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
Receive News & Ratings for FiscalNote Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FiscalNote and related companies with MarketBeat.com's FREE daily email newsletter.