Weiss Ratings Reaffirms Sell (E+) Rating for FiscalNote (NYSE:NOTE)

Key Points

• Weiss Ratings has reaffirmed a Sell (E+) rating for FiscalNote (NYSE:NOTE), indicating a negative view on the stock's performance.
• FiscalNote's current stock price is $5.27, with a twelve-month low of $3.80 and a high of $24.36, reflecting significant volatility.
• Analysts have a mixed outlook on FiscalNote, with one Strong Buy, four Buy ratings, and one Sell rating, leading to an average rating of Moderate Buy and a target price of $29.25.

FiscalNote (NYSE:NOTE - Get Free Report)'s stock had its "sell (e+)" rating restated by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other analysts also recently weighed in on NOTE. Wall Street Zen downgraded shares of FiscalNote from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. D. Boral Capital restated a "buy" rating and issued a $45.00 target price on shares of FiscalNote in a report on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $29.25.

FiscalNote Stock Performance

FiscalNote stock opened at $5.27 on Wednesday. The company's 50-day moving average price is $5.47 and its 200-day moving average price is $7.14. FiscalNote has a twelve month low of $3.80 and a twelve month high of $24.36. 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 $75.57 million, a PE ratio of -1.37 and a beta of 0.56.

FiscalNote (NYSE:NOTE - Get Free Report) last posted 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. 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. On average, equities research analysts forecast that FiscalNote will post -0.43 EPS for the current fiscal year.

Insider Transactions at FiscalNote

In other FiscalNote news, Director Tim Hwang sold 4,679 shares of the business's 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 sale, the director directly owned 225,033 shares of the company's stock, valued at $1,566,229.68. The trade was a 2.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 15,230 shares of company stock valued at $79,971. 36.70% of the stock is owned by insiders.

Institutional Investors Weigh In On FiscalNote

Several large investors have recently added to or reduced their stakes in the stock. Marex Group plc purchased a new stake in FiscalNote in the 2nd quarter valued at about $89,000. NewEdge Advisors LLC lifted its position in shares of 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 during the period. Marshall Wace LLP purchased a new stake in shares of FiscalNote in the 2nd quarter worth approximately $232,000. Citizens Financial Group Inc. RI lifted its position in shares of FiscalNote by 147.4% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 470,000 shares of the company's stock worth $252,000 after purchasing an additional 280,000 shares during the period. Finally, R Squared Ltd purchased a new stake in shares of FiscalNote in the 2nd quarter worth approximately $27,000. 54.31% of the stock is owned by hedge funds and other institutional investors.

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.

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