PB Investment Partners L.P. Buys New Position in NiCE $NICE

PB Investment Partners L.P. bought a new stake in NiCE (NASDAQ:NICE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,892 shares of the technology company’s stock, valued at approximately $3,492,000. NiCE comprises 2.2% of PB Investment Partners L.P.’s portfolio, making the stock its 8th largest position.

Several other institutional investors have also added to or reduced their stakes in the stock. Mariner LLC boosted its holdings in NiCE by 133.3% in the fourth quarter. Mariner LLC now owns 19,860 shares of the technology company’s stock valued at $2,245,000 after acquiring an additional 11,349 shares during the last quarter. Barclays PLC boosted its holdings in NiCE by 917.6% in the fourth quarter. Barclays PLC now owns 18,418 shares of the technology company’s stock valued at $2,082,000 after acquiring an additional 16,608 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in NiCE in the fourth quarter valued at approximately $98,000. FORA Capital LLC boosted its holdings in NiCE by 129.8% in the fourth quarter. FORA Capital LLC now owns 7,552 shares of the technology company’s stock valued at $854,000 after acquiring an additional 4,266 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in NiCE by 27.1% in the fourth quarter. Marshall Wace LLP now owns 67,284 shares of the technology company’s stock valued at $7,606,000 after acquiring an additional 14,360 shares during the last quarter. 63.34% of the stock is currently owned by institutional investors.

NiCE Price Performance

Shares of NASDAQ:NICE opened at $88.71 on Monday. NiCE has a twelve month low of $84.38 and a twelve month high of $175.00. The stock’s 50 day moving average is $98.22 and its 200-day moving average is $107.37. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of 10.52, a PEG ratio of 0.92 and a beta of 0.78.

NiCE (NASDAQ:NICE) last issued its 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. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The company had revenue of $768.62 million for the quarter, compared to analyst estimates of $760.94 million. During the same period in the prior year, the firm earned $2.87 earnings per share. NiCE’s revenue for the quarter was up 9.8% on a year-over-year basis. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. Equities research analysts anticipate that NiCE will post 9.08 earnings per share for the current fiscal year.

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

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Piper Sandler reissued a “neutral” rating and issued a $124.00 price target on shares of NiCE in a research note on Monday, February 23rd. Rosenblatt Securities reissued a “buy” rating and issued a $155.00 price target on shares of NiCE in a research note on Wednesday, June 10th. Citizens Jmp dropped their price target on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research note on Friday, March 27th. Finally, Wedbush dropped their price target on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 10th. Seven equities 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. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $132.83.

NiCE Company Profile

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.