17,695 Shares in FiscalNote Holdings, Inc. (NYSE:NOTE) Bought by AQR Capital Management LLC

AQR Capital Management LLC purchased a new stake in FiscalNote Holdings, Inc. (NYSE:NOTE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 17,695 shares of the company’s stock, valued at approximately $26,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. International Assets Investment Management LLC increased its holdings in FiscalNote by 51.5% during the 1st quarter. International Assets Investment Management LLC now owns 109,200 shares of the company’s stock worth $136,000 after purchasing an additional 37,100 shares in the last quarter. Vanguard Group Inc. grew its holdings in FiscalNote by 0.3% during the first 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 FiscalNote in the 1st quarter valued at $40,000. Marshall Wace LLP bought a new position in shares of FiscalNote during the second quarter valued at about $608,000. Finally, Squarepoint Ops LLC boosted its holdings in FiscalNote by 181.9% during the second quarter. Squarepoint Ops LLC now owns 149,490 shares of the company’s stock worth $218,000 after purchasing an additional 96,457 shares during the last quarter. Institutional investors own 54.31% of the company’s stock.

FiscalNote Price Performance

NOTE stock opened at $1.19 on Friday. The firm has a 50 day moving average of $1.23 and a 200-day moving average of $1.37. The firm has a market capitalization of $159.91 million, a P/E ratio of -3.31 and a beta of 0.43. FiscalNote Holdings, Inc. has a 12 month low of $0.65 and a 12 month high of $2.27. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.36.

FiscalNote (NYSE:NOTE) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.04. The company had revenue of $29.25 million for the quarter, compared to the consensus estimate of $29.05 million. FiscalNote had a negative return on equity of 115.06% and a negative net margin of 36.20%. During the same quarter last year, the business posted ($0.23) earnings per share. As a group, sell-side analysts predict that FiscalNote Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.

Insider Transactions at FiscalNote

In other FiscalNote news, CEO Tim Hwang sold 64,211 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $1.27, for a total transaction of $81,547.97. Following the transaction, the chief executive officer now directly owns 2,541,513 shares in the company, valued at $3,227,721.51. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders sold 186,534 shares of company stock worth $242,434. 47.59% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on NOTE. Northland Securities lowered their target price on FiscalNote from $6.00 to $5.00 and set an “outperform” rating on the stock in a research note on Monday, August 12th. B. Riley lowered their price objective on shares of FiscalNote from $2.25 to $2.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Finally, DA Davidson reduced their target price on shares of FiscalNote from $1.35 to $1.05 and set a “neutral” rating for the company in a research report on Friday, August 9th.

About FiscalNote

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.