Inspire Investing LLC Buys New Shares in Nice $NICE

Inspire Investing LLC acquired a new position in Nice (NASDAQ:NICE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,281 shares of the technology company’s stock, valued at approximately $216,000.

A number of other large investors also recently modified their holdings of the company. Cheviot Value Management LLC bought a new stake in Nice in the 1st quarter worth approximately $36,000. Capital Analysts LLC purchased a new position in shares of Nice during the first quarter worth approximately $69,000. Anderson Financial Strategies LLC purchased a new position in shares of Nice during the first quarter worth approximately $72,000. IFP Advisors Inc lifted its holdings in shares of Nice by 76.2% in the 1st quarter. IFP Advisors Inc now owns 652 shares of the technology company’s stock worth $101,000 after acquiring an additional 282 shares during the last quarter. Finally, Spire Wealth Management lifted its holdings in shares of Nice by 52.6% in the 1st quarter. Spire Wealth Management now owns 751 shares of the technology company’s stock worth $116,000 after acquiring an additional 259 shares during the last quarter. 63.34% of the stock is owned by hedge funds and other institutional investors.

Nice Trading Up 1.2%

Shares of NICE stock opened at $129.88 on Friday. The company’s fifty day moving average price is $140.51 and its 200-day moving average price is $153.53. The stock has a market cap of $8.21 billion, a PE ratio of 15.52, a price-to-earnings-growth ratio of 1.11 and a beta of 0.96. Nice has a 12 month low of $126.66 and a 12 month high of $200.65.

Nice (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, August 14th. The technology company reported $3.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.02. Nice had a net margin of 18.92% and a return on equity of 17.43%. The company had revenue of $726.71 million during the quarter, compared to analyst estimates of $713.18 million. During the same period last year, the business earned $2.64 EPS. Nice’s quarterly revenue was up 9.4% compared to the same quarter last year. Nice has set its FY 2025 guidance at 12.330-12.530 EPS. Q3 2025 guidance at 3.120-3.220 EPS. On average, sell-side analysts forecast that Nice will post 9.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NICE has been the topic of a number of analyst reports. JMP Securities reiterated a “market outperform” rating and issued a $300.00 target price on shares of Nice in a research report on Tuesday, August 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Nice in a report on Wednesday, October 8th. Morgan Stanley dropped their target price on Nice from $202.00 to $193.00 and set an “overweight” rating for the company in a report on Friday, August 15th. Rosenblatt Securities restated a “buy” rating and set a $190.00 price target on shares of Nice in a research report on Friday, August 15th. Finally, Wedbush reiterated an “outperform” rating and issued a $200.00 price objective on shares of Nice in a research report on Friday, June 20th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $201.25.

Nice Profile

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.