NiCE $NICE Shares Bought by Royce & Associates LP

Royce & Associates LP raised its position in NiCE (NASDAQ:NICE) by 64.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,790 shares of the technology company’s stock after purchasing an additional 5,774 shares during the quarter. Royce & Associates LP’s holdings in NiCE were worth $1,672,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of NICE. Tower Research Capital LLC TRC acquired a new position in NiCE in the 2nd quarter valued at about $40,000. Legal & General Group Plc acquired a new position in NiCE in the 2nd quarter valued at about $65,000. UMB Bank n.a. boosted its holdings in NiCE by 66.0% in the 3rd 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 last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in NiCE in the 3rd quarter valued at about $74,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in NiCE in the 4th quarter valued at about $146,000. 63.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Citigroup decreased their target price on shares of NiCE from $119.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Wedbush reissued a “neutral” rating and issued a $120.00 price target on shares of NiCE in a research note on Friday, February 20th. 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. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research note on Friday, March 27th. Finally, Royal Bank Of Canada reduced their price target on shares of NiCE from $150.00 to $130.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, NiCE has a consensus rating of “Hold” and an average price target of $136.92.

NiCE Stock Performance

NiCE stock opened at $92.66 on Friday. The company’s 50 day simple moving average is $102.18 and its 200-day simple moving average is $109.13. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 10.99, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. NiCE has a 1 year low of $84.38 and a 1 year high of $180.61.

NiCE (NASDAQ:NICE) last released its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.12. The business had revenue of $768.62 million for the quarter, compared to the consensus estimate of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The business’s revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm 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. Equities analysts expect that NiCE will post 9.08 earnings per share for the current year.

NiCE declared that its board has approved a stock buyback program on Thursday, February 19th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the technology company to reacquire up to 9.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

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.