FiscalNote Holdings, Inc. (NYSE:NOTE - Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.50 and traded as low as $4.99. FiscalNote shares last traded at $5.06, with a volume of 270,963 shares.
Wall Street Analyst Weigh In
NOTE has been the topic of several research reports. Wall Street Zen downgraded FiscalNote from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Weiss Ratings restated a "sell (e+)" rating on shares of FiscalNote in a research note on Saturday, September 27th. Finally, D. Boral Capital reissued a "buy" rating and set a $45.00 target price on shares of FiscalNote in a research report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, FiscalNote presently has a consensus rating of "Moderate Buy" and a consensus price target of $29.25.
Check Out Our Latest Report on FiscalNote
FiscalNote Price Performance
The firm has a 50 day simple moving average of $5.50 and a 200-day simple moving average of $7.19. 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 company has a market cap of $72.56 million, a PE ratio of -1.32 and a beta of 0.56.
FiscalNote (NYSE:NOTE - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.96) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.08) by $0.12. FiscalNote had a negative net margin of 41.79% and a negative return on equity of 61.31%. The firm had revenue of $23.26 million for the quarter, compared to the consensus estimate of $22.83 million. FiscalNote has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that FiscalNote Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.
Insider Transactions at FiscalNote
In other news, Director Tim Hwang sold 4,679 shares of the firm's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $6.96, for a total value of $32,565.84. Following the completion of the sale, the director owned 225,033 shares of the company's stock, valued at $1,566,229.68. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 15,230 shares of company stock valued at $79,971 over the last 90 days. 36.70% of the stock is currently owned by insiders.
Institutional Trading of FiscalNote
Institutional investors have recently made changes to their positions in the business. Marex Group plc acquired a new stake in FiscalNote in the second quarter worth about $89,000. NewEdge Advisors LLC boosted its stake in FiscalNote by 617.6% in the 2nd quarter. NewEdge Advisors LLC now owns 268,094 shares of the company's stock worth $144,000 after purchasing an additional 230,733 shares in the last quarter. Marshall Wace LLP acquired a new stake in FiscalNote in the 2nd quarter worth approximately $232,000. Citizens Financial Group Inc. RI lifted its stake in shares of FiscalNote by 147.4% during the second quarter. Citizens Financial Group Inc. RI now owns 470,000 shares of the company's stock worth $252,000 after buying an additional 280,000 shares during the period. Finally, R Squared Ltd acquired a new stake in shares of FiscalNote during the second quarter worth $27,000. Institutional investors and hedge funds 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.
Further Reading
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