FiscalNote Holdings Inc. (NYSE:NOTE) shares traded 0.52% higher at $3.83 on Wall Street last session.
In accordance with the data, 5 analysts cover FiscalNote Holdings Inc. (NYSE:NOTE). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $9.00 and a low of $2.00, we find $6.00. Given the previous closing price of $3.81, this indicates a potential upside of 57.48 percent. NOTE stock price is now 47.63% away from the 50-day moving average and -1.82% away from the 200-day moving average. The market capitalization of the company currently stands at $510.31M.
It has been rated a hold by 1 analysts and a buy by 4. Brokers who have rated the stock have averaged $6.15 as their price target over the next twelve months.
With the price target of $4.75, ROTH MKM recently initiated with Buy rating for FiscalNote Holdings Inc. (NYSE: NOTE).
In other news, Yiu Conrad, Director bought 55,000 shares of the company’s stock on Jun 13. The stock was bought for $165,000 at an average price of $3.00. Upon completion of the transaction, the Director now directly owns 1,511,985 shares in the company, valued at $5.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 18, Director McChrystal Stanley A bought 23,000 shares of the business’s stock. A total of $50,370 was incurred on buying the stock at an average price of $2.19. This leaves the insider owning 181,436 shares of the company worth $0.69 million. Insiders disposed of 2,745,737 shares of company stock worth roughly $10.52 million over the past 1 year. A total of 1.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in NOTE stock. A new stake in FiscalNote Holdings Inc. shares was purchased by BROWN ADVISORY INC during the first quarter worth $4,409,000. MANATUCK HILL PARTNERS, LLC invested $1,915,000 in shares of NOTE during the first quarter. In the first quarter, ACCOMPLICE MANAGEMENT, LLC acquired a new stake in FiscalNote Holdings Inc. valued at approximately $772,000. BANK OF AMERICA CORP /DE/ acquired a new stake in NOTE for approximately $468,000. KLINGENSTEIN FIELDS & CO LP purchased a new stake in NOTE valued at around $459,000 in the second quarter. In total, there are 32 active investors with 40.30% ownership of the company’s stock.
FiscalNote Holdings Inc. (NYSE: NOTE) opened at $3.8600 on Wednesday. During the past 12 months, FiscalNote Holdings Inc. has had a low of $1.31 and a high of $12.30. As of last week, the company has a debt-to-equity ratio of 1.26, a current ratio of 1.10, and a quick ratio of 1.10. The fifty day moving average price for NOTE is $2.6348 and a two-hundred day moving average price translates $3.8839 for the stock.
The latest earnings results from FiscalNote Holdings Inc. (NYSE: NOTE) was released for Mar, 2023. According to the Information Technology Services Company, earnings per share came in at -$0.14, beating analysts’ expectations of -$0.15 by 0.01. This compares to -$1.51 EPS in the same period last year. The company reported revenue of $31.53 million for the quarter, compared to $26.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.94 percent. For the current quarter, analysts expect NOTE to generate $33.14M in revenue.
FiscalNote Holdings Inc.(NOTE) Company Profile
FiscalNote Holdings, Inc. operates as technology company. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company 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. It serves a customer base that includes businesses comprising the Fortune 100 companies, government agencies, law firms, professional services organizations, trade groups, and non-profits. The company is headquartered in Washington, District of Columbia.
