Key Points
- Tim Hwang sold 7,695 FiscalNote shares on Nov. 6 at an average price of $2.59 for about $19,930, leaving him with 206,795 shares — a 3.59% reduction in his stake.
- Continued insider selling: Hwang also sold 4,766 shares on Oct. 1 (avg. $4.80) and 5,785 shares on Sept. 3 (avg. $4.24), showing a pattern of recent dispositions.
- Weak financials: FiscalNote reported quarterly EPS of ($1.73) vs. ($0.84) expected, a negative net margin of 54.31%, a market cap of about $43.2M and a stock trading near its 52‑week low, though analysts hold a consensus "Moderate Buy" with an average $29.25 price target.
FiscalNote Holdings, Inc. (NYSE:NOTE - Get Free Report) Director Tim Hwang sold 7,695 shares of FiscalNote stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $2.59, for a total transaction of $19,930.05. Following the transaction, the director directly owned 206,795 shares of the company's stock, valued at approximately $535,599.05. This trade represents a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Tim Hwang also recently made the following trade(s):
- On Wednesday, October 1st, Tim Hwang sold 4,766 shares of FiscalNote stock. The stock was sold at an average price of $4.80, for a total transaction of $22,876.80.
- On Wednesday, September 3rd, Tim Hwang sold 5,785 shares of FiscalNote stock. The shares were sold at an average price of $4.24, for a total transaction of $24,528.40.
FiscalNote Stock Down 1.6%
NOTE opened at $3.01 on Tuesday. The company has a fifty day moving average of $4.45 and a two-hundred day moving average of $6.33. The stock has a market capitalization of $43.18 million, a price-to-earnings ratio of -0.71 and a beta of 0.55. FiscalNote Holdings, Inc. has a fifty-two week low of $2.50 and a fifty-two week high of $24.36. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.25 and a current ratio of 1.25.
FiscalNote (NYSE:NOTE - Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported ($1.73) EPS for the quarter, missing analysts' consensus estimates of ($0.84) by ($0.89). The business had revenue of $22.43 million for the quarter, compared to analyst estimates of $22.83 million. FiscalNote had a negative net margin of 54.31% and a negative return on equity of 71.72%. FiscalNote has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that FiscalNote Holdings, Inc. will post -0.43 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms have recently commented on NOTE. D. Boral Capital restated a "buy" rating and issued a $45.00 price objective on shares of FiscalNote in a research report on Tuesday, August 12th. Wall Street Zen lowered shares of FiscalNote from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of FiscalNote in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $29.25.
Read Our Latest Stock Report on NOTE
Institutional Trading of FiscalNote
Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE raised its stake 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 purchasing an additional 16,675 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of FiscalNote by 26.9% during the first quarter. Bank of New York Mellon Corp now owns 143,153 shares of the company's stock worth $116,000 after buying an additional 30,362 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of FiscalNote by 338.3% during the first quarter. XTX Topco Ltd now owns 71,219 shares of the company's stock worth $58,000 after buying an additional 54,970 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of FiscalNote in the first quarter valued at about $40,000. Finally, Citizens Financial Group Inc. RI purchased a new position in shares of FiscalNote in the first quarter worth about $154,000. 54.31% of the stock is owned by institutional investors and hedge funds.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
