Geode Capital Management LLC Raises Position in FiscalNote Holdings, Inc. (NYSE:NOTE)

Geode Capital Management LLC increased its holdings in shares of FiscalNote Holdings, Inc. (NYSE:NOTE) by 7.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,550,931 shares of the company’s stock after buying an additional 108,320 shares during the quarter. Geode Capital Management LLC owned 1.11% of FiscalNote worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in NOTE. AQR Capital Management LLC purchased a new position in FiscalNote in the 2nd quarter worth $26,000. Barclays PLC increased its holdings in shares of FiscalNote by 318.2% in the third quarter. Barclays PLC now owns 86,286 shares of the company’s stock valued at $110,000 after purchasing an additional 65,655 shares during the period. International Assets Investment Management LLC raised its stake in shares of FiscalNote by 35.1% in the third quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock worth $172,000 after purchasing an additional 34,956 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in shares of 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 period. Finally, Marshall Wace LLP acquired a new stake in shares of FiscalNote during the second quarter worth about $608,000. 54.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on NOTE shares. B. Riley decreased their target price on shares of FiscalNote from $2.00 to $1.75 and set a “buy” rating for the company in a research report on Wednesday, November 13th. EF Hutton Acquisition Co. I raised FiscalNote to a “strong-buy” rating in a report on Monday, October 28th.

FiscalNote Trading Down 11.7 %

NYSE NOTE opened at $1.18 on Thursday. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market capitalization of $165.93 million, a P/E ratio of -5.34 and a beta of 0.38. The firm’s 50-day moving average is $0.98 and its two-hundred day moving average is $1.24. FiscalNote Holdings, Inc. has a 12 month low of $0.75 and a 12 month high of $2.27.

FiscalNote 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.