Yelin Lapidot Holdings Management Ltd. Cuts Stake in NiCE $NICE

Yelin Lapidot Holdings Management Ltd. reduced its holdings in shares of NiCE (NASDAQ:NICE) by 10.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,796 shares of the technology company’s stock after selling 5,900 shares during the quarter. NiCE accounts for 1.1% of Yelin Lapidot Holdings Management Ltd.’s portfolio, making the stock its 21st biggest holding. Yelin Lapidot Holdings Management Ltd.’s holdings in NiCE were worth $5,516,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tower Research Capital LLC TRC bought a new position in shares of NiCE during the second quarter valued at $40,000. Richardson Financial Services Inc. lifted its holdings in shares of NiCE by 65.3% during the third quarter. Richardson Financial Services Inc. now owns 329 shares of the technology company’s stock valued at $48,000 after purchasing an additional 130 shares in the last quarter. Legal & General Group Plc bought a new position in shares of NiCE during the second quarter valued at $65,000. UMB Bank n.a. lifted its holdings in shares of NiCE by 66.0% during 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 in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of NiCE during the third quarter valued at $74,000. 63.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NICE has been the topic of a number of research analyst reports. Morgan Stanley lowered their price target on NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday. Wedbush reaffirmed a “neutral” rating and set a $120.00 price target on shares of NiCE in a report on Friday, February 20th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a report on Friday, March 27th. Zacks Research raised NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Finally, Citizens Jmp lowered their price target on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a report on Thursday, May 7th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $136.92.

NiCE Stock Performance

NICE stock opened at $87.94 on Friday. NiCE has a fifty-two week low of $84.38 and a fifty-two week high of $180.61. The business’s 50-day moving average is $108.52 and its two-hundred day moving average is $112.01. The company has a market cap of $5.31 billion, a price-to-earnings ratio of 10.43, a P/E/G ratio of 0.91 and a beta of 0.82.

NiCE (NASDAQ:NICE) last announced its earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.12. The business had revenue of $768.62 million during the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The firm’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the company earned $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. Equities analysts predict that NiCE will post 8.95 earnings per share for the current year.

NiCE declared that its Board of Directors has authorized a stock buyback program on Thursday, February 19th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the technology company to reacquire up to 9.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

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.