SG Americas Securities LLC Acquires 11,486 Shares of FiscalNote Holdings, Inc. (NYSE:NOTE)

SG Americas Securities LLC grew its position in FiscalNote Holdings, Inc. (NYSE:NOTE) by 83.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,285 shares of the company’s stock after purchasing an additional 11,486 shares during the quarter. SG Americas Securities LLC’s holdings in FiscalNote were worth $27,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NOTE. Stonehill Capital Management LLC purchased a new stake in FiscalNote in the third quarter valued at $995,000. International Assets Investment Management LLC grew its stake in FiscalNote by 35.1% during the 3rd quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock valued at $172,000 after acquiring an additional 34,956 shares in the last quarter. State Street Corp grew its stake in shares of FiscalNote by 1.4% in the 3rd quarter. State Street Corp now owns 1,261,429 shares of the company’s stock valued at $1,615,000 after buying an additional 17,624 shares during the period. Geode Capital Management LLC grew its stake in shares of FiscalNote by 7.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,550,931 shares of the company’s stock valued at $1,986,000 after buying an additional 108,320 shares during the period. Finally, Barclays PLC grew its stake in shares of FiscalNote by 318.2% in the 3rd quarter. Barclays PLC now owns 86,286 shares of the company’s stock valued at $110,000 after buying an additional 65,655 shares during the period. 54.31% of the stock is owned by hedge funds and other institutional investors.

FiscalNote Price Performance

Shares of NOTE stock opened at $1.67 on Friday. The company has a market capitalization of $235.12 million, a PE ratio of -7.57 and a beta of 0.41. The firm has a fifty day simple moving average of $1.25 and a 200-day simple moving average of $1.18. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.44. FiscalNote Holdings, Inc. has a twelve month low of $0.75 and a twelve month high of $2.27.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NOTE shares. D. Boral Capital reiterated a “buy” rating and set a $3.50 target price on shares of FiscalNote in a report on Thursday, January 16th. EF Hutton Acquisition Co. I raised shares of FiscalNote to a “strong-buy” rating in a research report on Monday, October 28th. Finally, B. Riley lowered their target price on shares of FiscalNote from $2.00 to $1.75 and set a “buy” rating on the stock in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, FiscalNote has an average rating of “Buy” and an average target price of $2.83.

Insider Transactions at FiscalNote

In other news, Director Tim Hwang sold 56,795 shares of FiscalNote 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 of the company’s stock, valued at $2,729,297.38. The trade was a 2.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Over the last quarter, insiders sold 71,131 shares of company stock worth $87,477. Insiders own 41.75% of the company’s stock.

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.