FiscalNote Holdings, Inc. (NYSE:NOTE) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of FiscalNote Holdings, Inc. (NYSE:NOTE - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $29.25.

A number of equities research analysts have recently issued reports on NOTE shares. Weiss Ratings reissued a "sell (e+)" rating on shares of FiscalNote in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of FiscalNote from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, D. Boral Capital reissued a "buy" rating and issued a $45.00 price target on shares of FiscalNote in a report on Tuesday, August 12th.

Insider Activity

In other news, Director Tim Hwang sold 4,679 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $6.96, for a total value of $32,565.84. Following the sale, the director directly owned 225,033 shares of the company's stock, valued at approximately $1,566,229.68. This represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold 15,230 shares of company stock valued at $79,971 over the last quarter. Corporate insiders own 36.70% of the company's stock.

Institutional Investors Weigh In On FiscalNote

Hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its position in FiscalNote by 26.9% during the first quarter. Bank of New York Mellon Corp now owns 143,153 shares of the company's stock valued at $116,000 after purchasing an additional 30,362 shares during the last quarter. XTX Topco Ltd lifted its position in FiscalNote by 338.3% during the first quarter. XTX Topco Ltd now owns 71,219 shares of the company's stock valued at $58,000 after purchasing an additional 54,970 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in FiscalNote during the first quarter valued at approximately $40,000. Citizens Financial Group Inc. RI bought a new stake in FiscalNote during the first quarter valued at approximately $154,000. Finally, NewEdge Advisors LLC lifted its position in FiscalNote by 617.6% during the second quarter. NewEdge Advisors LLC now owns 268,094 shares of the company's stock valued at $144,000 after purchasing an additional 230,733 shares during the last quarter. 54.31% of the stock is currently owned by institutional investors.

FiscalNote Price Performance

Shares of NYSE:NOTE opened at $4.38 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $62.83 million, a PE ratio of -1.14 and a beta of 0.56. FiscalNote has a twelve month low of $3.80 and a twelve month high of $24.36. The company has a 50-day moving average price of $4.88 and a two-hundred day moving average price of $6.68.

FiscalNote (NYSE:NOTE - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported ($0.96) earnings per share for the quarter, topping analysts' consensus estimates of ($1.08) by $0.12. The firm had revenue of $23.26 million during the quarter, compared to analyst estimates of $22.83 million. FiscalNote had a negative net margin of 41.79% and a negative return on equity of 61.31%. FiscalNote has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts forecast that FiscalNote will post -0.43 EPS for the current year.

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.

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