FiscalNote (NYSE:NOTE) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• FiscalNote's stock price has fallen below its 200-day moving average, trading as low as $4.42 and last priced at $4.57.
• Analysts have mixed ratings, with Wall Street Zen downgrading the stock to a "sell" while D. Boral Capital maintains a "buy" rating with a target of $45.00.
• The company reported a loss of ($0.96) earnings per share for the last quarter, beating expectations, and has a negative net margin of 41.79%.

FiscalNote Holdings, Inc. (NYSE:NOTE - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.22 and traded as low as $4.42. FiscalNote shares last traded at $4.57, with a volume of 377,507 shares.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NOTE. Wall Street Zen lowered shares of FiscalNote from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. D. Boral Capital restated a "buy" rating and set a $45.00 price target on shares of FiscalNote in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $29.25.

FiscalNote Stock Down 10.5%

The stock's 50-day moving average is $6.85 and its 200-day moving average is $8.22. The stock has a market cap of $65.49 million, a P/E ratio of -1.19 and a beta of 0.57. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23.

FiscalNote (NYSE:NOTE - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported ($0.96) earnings per share (EPS) for the quarter, beating 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. As a group, research analysts anticipate that FiscalNote Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.

Insider Transactions at FiscalNote

In related 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 completion of the transaction, the director owned 225,033 shares in the company, valued at $1,566,229.68. This represents a 2.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 37.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On FiscalNote

A number of institutional investors and hedge funds have recently bought and sold shares of NOTE. Northern Trust Corp grew its position in 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. Bank of America Corp DE lifted its holdings in 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 acquiring an additional 16,675 shares during the last quarter. Deutsche Bank AG lifted its holdings in FiscalNote by 425.0% in the 4th quarter. Deutsche Bank AG now owns 139,997 shares of the company's stock valued at $150,000 after acquiring an additional 113,333 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in FiscalNote in the 4th quarter valued at about $87,000. Finally, Wolverine Trading LLC lifted its holdings in FiscalNote by 95.1% in the 4th quarter. Wolverine Trading LLC now owns 34,137 shares of the company's stock valued at $39,000 after acquiring an additional 16,637 shares during the last quarter. Institutional investors own 54.31% of the company's stock.

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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