37,289 Shares in FiscalNote Holdings, Inc. (NYSE:NOTE) Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors bought a new position in shares of FiscalNote Holdings, Inc. (NYSE:NOTE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 37,289 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors have also recently made changes to their positions in NOTE. Stonehill Capital Management LLC purchased a new stake in shares of FiscalNote during the third quarter worth about $995,000. Marshall Wace LLP purchased a new stake in shares of FiscalNote during the second quarter worth about $608,000. Geode Capital Management LLC grew its position in shares of FiscalNote by 7.5% during the third quarter. Geode Capital Management LLC now owns 1,550,931 shares of the company’s stock worth $1,986,000 after purchasing an additional 108,320 shares in the last quarter. Squarepoint Ops LLC grew its position 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 in the last quarter. Finally, Barclays PLC grew its position in shares of FiscalNote by 318.2% during the third quarter. Barclays PLC now owns 86,286 shares of the company’s stock worth $110,000 after purchasing an additional 65,655 shares in the last quarter. Hedge funds and other institutional investors own 54.31% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on NOTE. B. Riley cut their target price on 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 upgraded FiscalNote to a “strong-buy” rating in a report on Monday, October 28th. Finally, D. Boral Capital restated a “buy” rating and set a $3.50 price target on shares of FiscalNote in a report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $2.83.

FiscalNote Price Performance

NYSE:NOTE opened at $1.37 on Friday. The firm has a market capitalization of $192.76 million, a price-to-earnings ratio of -6.20 and a beta of 0.38. FiscalNote Holdings, Inc. has a 1 year low of $0.75 and a 1 year high of $2.27. The business has a 50 day simple moving average of $1.08 and a 200-day simple moving average of $1.22. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.81 and a quick ratio of 0.81.

FiscalNote Company 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.