Vulcan Value Partners LLC cut its stake in NiCE (NASDAQ:NICE – Free Report) by 16.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 478,421 shares of the technology company’s stock after selling 93,890 shares during the period. NiCE makes up 1.3% of Vulcan Value Partners LLC’s holdings, making the stock its 18th largest position. Vulcan Value Partners LLC owned approximately 0.82% of NiCE worth $43,465,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its holdings in shares of NiCE by 10.6% in the first quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock valued at $21,468,000 after purchasing an additional 18,631 shares in the last quarter. American Capital Management Inc. acquired a new position in shares of NiCE during the second quarter worth about $12,414,000. Principal Financial Group Inc. grew its holdings in shares of NiCE by 1,637.6% during the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock worth $504,874,000 after buying an additional 4,315,414 shares in the last quarter. Kopernik Global Investors LLC bought a new position in shares of NiCE during the first quarter worth about $27,670,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its position in NiCE by 16.8% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock valued at $113,366,000 after buying an additional 148,113 shares during the last quarter. Institutional investors own 63.34% of the company’s stock.
Insiders Place Their Bets
In related news, VP Udi Dayan sold 500 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $100.00, for a total value of $50,000.00. Following the sale, the vice president owned 500 shares in the company, valued at approximately $50,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.02% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on NiCE
NiCE Stock Performance
NASDAQ:NICE traded down $4.03 during mid-day trading on Tuesday, hitting $101.47. The stock had a trading volume of 309,553 shares, compared to its average volume of 709,813. NiCE has a twelve month low of $83.10 and a twelve month high of $153.68. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 1.14 and a beta of 0.75. The company’s 50 day simple moving average is $100.14 and its 200 day simple moving average is $101.94.
NiCE (NASDAQ:NICE – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.07. NiCE had a return on equity of 15.46% and a net margin of 13.86%.The firm had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. During the same quarter in the previous year, the business earned $3.01 earnings per share. The business’s revenue was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. As a group, equities analysts forecast that NiCE will post 8.66 earnings per share for the current year.
About NiCE
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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