FiscalNote Holdings, Inc. (NYSE:NOTE) CEO Sells $79,409.79 in Stock

FiscalNote Holdings, Inc. (NYSE:NOTE) CEO Tim Hwang sold 56,319 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $1.41, for a total transaction of $79,409.79. Following the completion of the transaction, the chief executive officer now directly owns 2,605,724 shares of the company’s stock, valued at $3,674,070.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Tim Hwang also recently made the following trade(s):

• On Monday, July 1st, Tim Hwang sold 54,329 shares of FiscalNote stock. The stock was sold at an average price of $1.42, for a total value of $77,147.18.

FiscalNote Trading Down 0.7 %

Shares of NOTE stock opened at $1.40 on Thursday. The stock has a market cap of $188.13 million, a P/E ratio of -3.89 and a beta of 0.45. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.44. FiscalNote Holdings, Inc. has a fifty-two week low of $0.65 and a fifty-two week high of $3.64. The business has a fifty day simple moving average of $1.53 and a 200-day simple moving average of $1.47.

FiscalNote (NYSE:NOTE) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.05. FiscalNote had a negative net margin of 48.89% and a negative return on equity of 141.98%. The business had revenue of $32.11 million for the quarter, compared to analyst estimates of $30.89 million. During the same period in the previous year, the firm earned ($0.11) EPS. On average, analysts forecast that FiscalNote Holdings, Inc. will post -0.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On FiscalNote

Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of FiscalNote by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 4,157,496 shares of the company’s stock worth $5,529,000 after buying an additional 12,853 shares in the last quarter. Natixis purchased a new stake in shares of FiscalNote in the 1st quarter worth about $40,000. International Assets Investment Management LLC boosted its position in shares of FiscalNote by 51.5% in the 1st quarter. International Assets Investment Management LLC now owns 109,200 shares of the company’s stock worth $136,000 after buying an additional 37,100 shares in the last quarter. Finally, PFG Investments LLC purchased a new stake in shares of FiscalNote in the 1st quarter worth about $61,000. 54.31% of the stock is currently owned by hedge funds and other institutional investors.

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.