Brokerages Set FiscalNote Holdings, Inc. (NYSE:NOTE) Price Target at $29.25

Shares of FiscalNote Holdings, Inc. (NYSE:NOTE) have been given a consensus rating of “Buy” by the five ratings firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $29.25.

NOTE has been the subject of a number of research analyst reports. Wall Street Zen cut FiscalNote from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. D. Boral Capital restated a “buy” rating and set a $45.00 price objective on shares of FiscalNote in a research report on Tuesday, August 12th.

Insider Buying and Selling at FiscalNote

In other news, Director Tim Hwang sold 4,679 shares of FiscalNote stock in a transaction that occurred on 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 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 filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 37.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Northern Trust Corp raised its position in FiscalNote by 7.9% during the fourth quarter. Northern Trust Corp now owns 564,004 shares of the company’s stock valued at $603,000 after purchasing an additional 41,137 shares in the last quarter. Mariner LLC raised its position in FiscalNote by 85.3% during the fourth quarter. Mariner LLC now owns 35,662 shares of the company’s stock valued at $38,000 after purchasing an additional 16,418 shares in the last quarter. Bank of New York Mellon Corp raised its position in FiscalNote by 26.9% during the first quarter. Bank of New York Mellon Corp now owns 143,153 shares of the company’s stock valued at $116,000 after purchasing an additional 30,362 shares in the last quarter. XTX Topco Ltd raised its position in FiscalNote by 338.3% during the first quarter. XTX Topco Ltd now owns 71,219 shares of the company’s stock valued at $58,000 after purchasing an additional 54,970 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new position in FiscalNote during the fourth quarter valued at approximately $87,000. 54.31% of the stock is currently owned by institutional investors and hedge funds.

FiscalNote Price Performance

Shares of NYSE NOTE opened at $4.08 on Friday. The stock has a market capitalization of $58.48 million, a price-to-earnings ratio of -1.06 and a beta of 0.57. The business has a 50-day moving average of $7.12 and a 200-day moving average of $8.62. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.25 and a quick ratio of 1.25. FiscalNote has a fifty-two week low of $3.80 and a fifty-two week high of $24.36.

FiscalNote (NYSE:NOTE) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.96) earnings per share for the quarter, beating the consensus estimate of ($1.08) by $0.12. FiscalNote had a negative return on equity of 61.31% and a negative net margin of 41.79%.The company had revenue of $23.26 million during the quarter, compared to analysts’ expectations of $22.83 million. FiscalNote has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts predict that FiscalNote will post -0.43 earnings per share for the current fiscal year.

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.