FiscalNote Holdings Inc (NYSE: NOTE) is 57.89% higher on its value in year-to-date trading and has touched a low of $0.65 and a high of $4.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NOTE stock was last observed hovering at around $1.78 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $1.80, the stock is 14.69% and 41.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing 1.12% at the moment leaves the stock -11.49% off its SMA200. NOTE registered -9.55% loss for a year compared to 6-month loss of -18.55%. The firm has a 50-day simple moving average (SMA 50) of $3.47 and a 200-day simple moving average (SMA200) of -$8.34.
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The stock witnessed a 40.62% gain in the last 1 month and extending the period to 3 months gives it a 76.47%, and is 11.80% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.95% over the week and 12.27% over the month.
FiscalNote Holdings Inc (NOTE) has around 800 employees, a market worth around $233.95M and $129.83M in sales. Profit margin for the company is -82.61%. Distance from 52-week low is 176.92% and -60.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-33.15%).
FiscalNote Holdings Inc quarterly earnings per share for the current quarter are estimated at -$0.15 with sales reaching $34.53M over the same period.The EPS is expected to grow by 87.00% this year, but quarterly earnings will post 16.80% year-over-year. Quarterly sales are estimated to grow 9.80% in year-over-year returns.
FiscalNote Holdings Inc (NOTE) Top Institutional Holders
89 institutions hold shares in FiscalNote Holdings Inc (NOTE), with institutional investors hold 47.28% of the company’s shares. The shares outstanding are 123.13M, and float is at 102.83M with Short Float at 5.94%. Institutions hold 40.54% of the Float.
The top institutional shareholder in the company is Maso Capital Partners Ltd. with over 28.91 million shares valued at $105.25 million. The investor’s holdings represent 24.02% of the NOTE Shares outstanding. As of Jun 29, 2023, the second largest holder is Stonehill Capital Management LLC with 5.82 million shares valued at $21.2 million to account for 4.84% of the shares outstanding. The other top investors are Blackrock Inc. which holds 4.51 million shares representing 3.74% and valued at over $16.4 million, while Vanguard Group Inc holds 3.42% of the shares totaling 4.12 million with a market value of $14.99 million.
FiscalNote Holdings Inc (NOTE) Insider Activity
A total of 26 insider transactions have happened at FiscalNote Holdings Inc (NOTE) in the last six months, with sales accounting for 26 and purchases happening 0 times. The most recent transaction is an insider sale by Resnik Josh,the company’sPresident and COO. SEC filings show that Resnik Josh sold 3,810 shares of the company’s common stock on Feb 29 at a price of $1.63 per share for a total of $6194.0. Following the sale, the insider now owns 0.47 million shares.
FiscalNote Holdings Inc disclosed in a document filed with the SEC on Feb 15 that Aman Todd (SVP, General Counsel & Sec.) sold a total of 517 shares of the company’s common stock. The trade occurred on Feb 15 and was made at $1.51 per share for $783.0. Following the transaction, the insider now directly holds 43676.0 shares of the NOTE stock.
Still, SEC filings show that on Feb 07, Aman Todd (SVP, General Counsel & Sec.) disposed off 3,052 shares at an average price of $1.49 for $4553.0. The insider now directly holds 44,193 shares of FiscalNote Holdings Inc (NOTE).
