Insider Selling: FiscalNote Holdings, Inc. (NYSE:NOTE) CEO Sells $26,179.48 in Stock

FiscalNote Holdings, Inc. (NYSE:NOTEGet Free Report) CEO Tim Hwang sold 22,186 shares of the stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $1.18, for a total value of $26,179.48. Following the sale, the chief executive officer now directly owns 2,471,867 shares in the company, valued at approximately $2,916,803.06. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

  • On Tuesday, October 1st, Tim Hwang sold 25,000 shares of FiscalNote stock. The stock was sold at an average price of $1.24, for a total transaction of $31,000.00.
  • On Tuesday, September 3rd, Tim Hwang sold 64,211 shares of FiscalNote stock. The shares were sold at an average price of $1.27, for a total transaction of $81,547.97.
  • On Thursday, August 1st, Tim Hwang sold 56,319 shares of FiscalNote stock. The stock was sold at an average price of $1.41, for a total transaction of $79,409.79.

FiscalNote Stock Performance

NYSE NOTE opened at $1.15 on Thursday. The firm’s fifty day moving average price is $1.27 and its two-hundred day moving average price is $1.38. The stock has a market cap of $154.53 million, a PE ratio of -3.19 and a beta of 0.43. 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 fifty-two week low of $0.65 and a fifty-two week high of $2.27.

FiscalNote (NYSE:NOTEGet Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.04. The business had revenue of $29.25 million for the quarter, compared to analyst estimates of $29.05 million. FiscalNote had a negative return on equity of 115.06% and a negative net margin of 36.20%. During the same quarter in the previous year, the company posted ($0.23) EPS. On average, equities analysts expect that FiscalNote Holdings, Inc. will post -0.43 EPS for the current fiscal year.

Analysts Set New Price Targets

NOTE has been the subject of several research analyst reports. Northland Securities lowered their price objective on shares of FiscalNote from $6.00 to $5.00 and set an “outperform” rating for the company in a research report on Monday, August 12th. DA Davidson lowered their price target on FiscalNote from $1.35 to $1.05 and set a “neutral” rating for the company in a report on Friday, August 9th. Finally, B. Riley reduced their price objective on FiscalNote from $2.25 to $2.00 and set a “buy” rating on the stock in a research note on Monday, August 12th.

Read Our Latest Research Report on NOTE

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new stake in FiscalNote during the 2nd quarter worth approximately $26,000. Natixis acquired a new position in shares of FiscalNote during the first quarter worth $40,000. International Assets Investment Management LLC grew its stake in shares of FiscalNote by 51.5% in the first quarter. International Assets Investment Management LLC now owns 109,200 shares of the company’s stock worth $136,000 after purchasing an additional 37,100 shares during the last quarter. Squarepoint Ops LLC increased its holdings in FiscalNote by 181.9% in the second quarter. Squarepoint Ops LLC now owns 149,490 shares of the company’s stock valued at $218,000 after purchasing an additional 96,457 shares during the period. Finally, Marshall Wace LLP bought a new position in FiscalNote during the 2nd quarter worth $608,000. Institutional investors own 54.31% of the company’s stock.

FiscalNote Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for FiscalNote (NYSE:NOTE)

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