SG Americas Securities LLC Buys 11,486 Shares of FiscalNote Holdings, Inc. (NYSE:NOTE)

SG Americas Securities LLC raised its holdings in FiscalNote Holdings, Inc. (NYSE:NOTE) by 83.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,285 shares of the company’s stock after purchasing an additional 11,486 shares during the period. SG Americas Securities LLC’s holdings in FiscalNote were worth $27,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stonehill Capital Management LLC acquired a new position in FiscalNote during the 3rd quarter worth about $995,000. Geode Capital Management LLC increased its stake in FiscalNote by 7.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,550,931 shares of the company’s stock worth $1,986,000 after purchasing an additional 108,320 shares in the last quarter. Barclays PLC increased its stake in FiscalNote by 318.2% during the 3rd quarter. Barclays PLC now owns 86,286 shares of the company’s stock worth $110,000 after purchasing an additional 65,655 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in FiscalNote during the 4th quarter worth approximately $40,000. Finally, Virtu Financial LLC acquired a new stake in shares of FiscalNote in the 3rd quarter valued at approximately $47,000. Institutional investors own 54.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. B. Riley cut their price target on FiscalNote from $2.00 to $1.75 and set a “buy” rating for the company in a report on Wednesday, November 13th. EF Hutton Acquisition Co. I raised FiscalNote to a “strong-buy” rating in a research note on Monday, October 28th. Finally, D. Boral Capital reaffirmed a “buy” rating and issued a $3.50 price objective on shares of FiscalNote in a research note on Thursday, January 16th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $2.83.

Insiders Place Their Bets

In related news, Director Tim Hwang sold 56,795 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $1.22, for a total transaction of $69,289.90. Following the completion of the sale, the director now directly owns 2,237,129 shares in the company, valued at $2,729,297.38. This represents a 2.48 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 71,131 shares of company stock worth $87,477 in the last ninety days. 41.75% of the stock is currently owned by insiders.

FiscalNote Stock Performance

NYSE:NOTE opened at $1.67 on Friday. The firm has a market cap of $235.12 million, a price-to-earnings ratio of -7.57 and a beta of 0.41. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.81 and a current ratio of 0.81. The business’s fifty day moving average is $1.25 and its 200 day moving average is $1.18. FiscalNote Holdings, Inc. has a 52-week low of $0.75 and a 52-week high of $2.27.

FiscalNote 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.