Aurora Investment Counsel Acquires 196 Shares of Nice $NICE

Aurora Investment Counsel grew its holdings in shares of Nice (NASDAQ:NICE) by 1.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,252 shares of the technology company’s stock after buying an additional 196 shares during the period. Aurora Investment Counsel’s holdings in Nice were worth $2,069,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of NICE. Alliancebernstein L.P. boosted its holdings in shares of Nice by 1,125.3% during the 1st quarter. Alliancebernstein L.P. now owns 768,737 shares of the technology company’s stock worth $118,516,000 after buying an additional 705,997 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Nice during the 1st quarter worth approximately $98,485,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Nice by 218.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 908,014 shares of the technology company’s stock worth $139,989,000 after buying an additional 623,014 shares in the last quarter. Wealthquest Corp acquired a new position in shares of Nice during the first quarter worth approximately $37,843,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Nice by 12.3% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,766,270 shares of the technology company’s stock worth $272,306,000 after purchasing an additional 193,000 shares during the period. 63.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NICE. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Nice in a research report on Wednesday, October 8th. Morgan Stanley lowered their target price on Nice from $202.00 to $193.00 and set an “overweight” rating on the stock in a research report on Friday, August 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $190.00 target price on shares of Nice in a research report on Friday, August 15th. Jefferies Financial Group reaffirmed a “hold” rating and set a $152.00 target price on shares of Nice in a research report on Sunday, October 12th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $300.00 target price on shares of Nice in a research report on Tuesday, August 26th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Nice presently has an average rating of “Moderate Buy” and a consensus price target of $201.25.

Nice Trading Up 1.8%

NASDAQ NICE opened at $132.21 on Tuesday. The firm has a market capitalization of $8.36 billion, a P/E ratio of 15.80, a PEG ratio of 1.12 and a beta of 0.96. The business has a fifty day simple moving average of $140.26 and a 200 day simple moving average of $153.46. Nice has a 12 month low of $126.66 and a 12 month high of $200.65.

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

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.