Aurora Investment Counsel Sells 6,317 Shares of NiCE $NICE

Aurora Investment Counsel cut its position in NiCE (NASDAQ:NICE) by 48.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,682 shares of the technology company’s stock after selling 6,317 shares during the quarter. Aurora Investment Counsel’s holdings in NiCE were worth $755,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NICE. Manchester Capital Management LLC acquired a new position in NiCE during the 4th quarter worth approximately $39,000. Tower Research Capital LLC TRC acquired a new stake in NiCE in the second quarter valued at approximately $40,000. Legal & General Group Plc acquired a new stake in NiCE in the second quarter valued at approximately $65,000. Steward Partners Investment Advisory LLC increased its holdings in shares of NiCE by 14.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock valued at $96,000 after acquiring an additional 106 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of NiCE during the fourth quarter worth approximately $98,000. 63.34% of the stock is owned by institutional investors.

NiCE Trading Up 0.7%

Shares of NiCE stock opened at $88.71 on Friday. The company has a market capitalization of $5.18 billion, a P/E ratio of 10.52, a price-to-earnings-growth ratio of 0.92 and a beta of 0.78. The stock has a fifty day simple moving average of $98.22 and a 200 day simple moving average of $107.36. NiCE has a 12-month low of $84.38 and a 12-month high of $175.00.

NiCE (NASDAQ:NICE) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.12. The business had revenue of $768.62 million for the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The business’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the business earned $2.87 EPS. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. On average, analysts predict that NiCE will post 9.08 EPS for the current year.

NiCE announced that its Board of Directors has initiated a share buyback program on Thursday, February 19th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the technology company to purchase up to 9.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Citigroup reiterated a “market outperform” rating on shares of NiCE in a report on Thursday. Citizens Jmp decreased their price target on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research note on Thursday, May 7th. Cantor Fitzgerald restated a “neutral” rating and set a $104.00 price objective on shares of NiCE in a report on Wednesday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $155.00 price objective on shares of NiCE in a research note on Wednesday. Finally, Piper Sandler reiterated a “neutral” rating and set a $124.00 price objective on shares of NiCE in a report on Monday, February 23rd. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $132.83.

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.