D. Boral Capital Issues Positive Forecast for FiscalNote (NYSE:NOTE) Stock Price

FiscalNote (NYSE:NOTE) had its target price upped by D. Boral Capital from $3.50 to $3.75 in a research report report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages have also commented on NOTE. B. Riley cut their price target on FiscalNote from $2.00 to $1.75 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. EF Hutton Acquisition Co. I upgraded shares of FiscalNote to a “strong-buy” rating in a research report on Monday, October 28th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $2.89.

FiscalNote Stock Down 7.1 %

Shares of NOTE opened at $1.25 on Tuesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.81 and a current ratio of 0.81. FiscalNote has a 52 week low of $0.75 and a 52 week high of $2.27. The stock has a market capitalization of $175.81 million, a price-to-earnings ratio of -5.66 and a beta of 0.41. The stock has a fifty day moving average of $1.34 and a 200-day moving average of $1.18.

Insider Buying and Selling at FiscalNote

In other news, Director Tim Hwang sold 56,795 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $1.22, for a total value of $69,289.90. Following the transaction, the director now owns 2,237,129 shares in the company, valued at approximately $2,729,297.38. The trade was a 2.48 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have sold 71,582 shares of company stock worth $88,314. Insiders own 41.75% of the company’s stock.

Hedge Funds Weigh In On FiscalNote

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC grew its holdings in FiscalNote by 83.2% during the 4th quarter. SG Americas Securities LLC now owns 25,285 shares of the company’s stock worth $27,000 after acquiring an additional 11,486 shares during the period. Envestnet Asset Management Inc. grew its stake in FiscalNote by 27.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 28,621 shares of the company’s stock worth $31,000 after purchasing an additional 6,090 shares during the period. Wells Fargo & Company MN grew its stake in FiscalNote by 58.0% during the fourth quarter. Wells Fargo & Company MN now owns 29,315 shares of the company’s stock worth $31,000 after purchasing an additional 10,765 shares during the period. NewEdge Advisors LLC increased its holdings in FiscalNote by 250.0% in the fourth quarter. NewEdge Advisors LLC now owns 35,000 shares of the company’s stock worth $37,000 after purchasing an additional 25,000 shares in the last quarter. Finally, Mariner LLC lifted its stake in FiscalNote by 85.3% in the fourth quarter. Mariner LLC now owns 35,662 shares of the company’s stock valued at $38,000 after buying an additional 16,418 shares during the period. Institutional investors own 54.31% of the company’s stock.

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.