FiscalNote Holdings, Inc. (NYSE:NOTE) Receives Average Rating of “Moderate Buy” from Brokerages

FiscalNote Holdings, Inc. (NYSE:NOTE) has been given an average rating of “Moderate Buy” by the six research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $29.25.

Several analysts have issued reports on NOTE shares. D. Boral Capital restated a “buy” rating and issued a $45.00 price target on shares of FiscalNote in a research report on Tuesday, August 12th. Weiss Ratings reiterated a “sell (e+)” rating on shares of FiscalNote in a research note on Saturday, September 27th. Finally, Wall Street Zen downgraded FiscalNote from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th.

FiscalNote Stock Up 4.0%

Shares of NOTE stock opened at $5.17 on Tuesday. FiscalNote has a 12 month low of $3.80 and a 12 month high of $24.36. The firm has a market cap of $74.14 million, a PE ratio of -1.35 and a beta of 0.56. The stock has a 50 day moving average of $5.67 and a 200-day moving average of $7.32. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.23.

FiscalNote (NYSE:NOTE) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.96) earnings per share (EPS) for the quarter, topping the consensus estimate 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 business 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 analysts predict that FiscalNote will post -0.43 EPS for the current year.

Insider Buying and Selling at FiscalNote

In other news, Director Tim Hwang sold 4,679 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $6.96, for a total transaction of $32,565.84. Following the sale, the director directly owned 225,033 shares in the company, valued at approximately $1,566,229.68. The trade was a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders sold 15,230 shares of company stock worth $79,971. 36.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On FiscalNote

Several institutional investors and hedge funds have recently bought and sold shares of NOTE. R Squared Ltd acquired a new position in shares of FiscalNote in the 2nd quarter valued at $27,000. Wolverine Trading LLC boosted its position in shares of FiscalNote by 95.1% during 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 in the last quarter. Jefferies Financial Group Inc. bought a new stake in FiscalNote in the first quarter valued at about $40,000. Bank of America Corp DE raised its position in FiscalNote by 51.5% in the fourth quarter. Bank of America Corp DE now owns 49,042 shares of the company’s stock worth $52,000 after purchasing an additional 16,675 shares in the last quarter. Finally, XTX Topco Ltd raised its position in FiscalNote by 338.3% in the first quarter. XTX Topco Ltd now owns 71,219 shares of the company’s stock worth $58,000 after purchasing an additional 54,970 shares in 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.