Royce & Associates LP Grows Holdings in NiCE $NICE

Royce & Associates LP raised its position in NiCE (NASDAQ:NICEFree Report) by 64.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,790 shares of the technology company’s stock after buying an additional 5,774 shares during the period. Royce & Associates LP’s holdings in NiCE were worth $1,672,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC purchased a new position in NiCE in the second quarter valued at $40,000. Legal & General Group Plc purchased a new position in NiCE in the second quarter valued at $65,000. UMB Bank n.a. grew its position in shares of NiCE by 66.0% in the third quarter. UMB Bank n.a. now owns 478 shares of the technology company’s stock valued at $69,000 after purchasing an additional 190 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of NiCE in the third quarter valued at about $74,000. Finally, Transamerica Financial Advisors LLC grew its position in shares of NiCE by 115.6% in the second quarter. Transamerica Financial Advisors LLC now owns 951 shares of the technology company’s stock valued at $161,000 after purchasing an additional 510 shares during the period. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Trading Up 2.2%

NICE opened at $92.66 on Friday. The firm has a market capitalization of $5.60 billion, a PE ratio of 10.99, a PEG ratio of 0.96 and a beta of 0.82. NiCE has a twelve month low of $84.38 and a twelve month high of $180.61. The firm’s 50-day moving average price is $102.18 and its 200 day moving average price is $109.13.

NiCE (NASDAQ:NICEGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.12. The firm had revenue of $768.62 million for the quarter, compared to analyst estimates of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. NiCE’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.87 earnings per share. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. As a group, analysts predict that NiCE will post 9.08 earnings per share for the current fiscal year.

NiCE declared that its board has authorized a stock repurchase plan on Thursday, February 19th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the technology company to purchase up to 9.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

NICE has been the topic of several research analyst reports. Citigroup dropped their target price on shares of NiCE from $119.00 to $100.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Royal Bank Of Canada dropped their target price on shares of NiCE from $150.00 to $130.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Zacks Research upgraded shares of NiCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Wedbush reiterated a “neutral” rating and issued a $120.00 target price on shares of NiCE in a research report on Friday, February 20th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $155.00 target price on shares of NiCE in a research report on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, NiCE currently has an average rating of “Hold” and an average price target of $136.92.

Check Out Our Latest Report on NiCE

About NiCE

(Free Report)

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.

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Institutional Ownership by Quarter for NiCE (NASDAQ:NICE)

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