Kopernik Global Investors LLC Invests $27.67 Million in NiCE $NICE

Kopernik Global Investors LLC acquired a new position in NiCE (NASDAQ:NICE) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 250,948 shares of the technology company’s stock, valued at approximately $27,670,000. NiCE accounts for about 1.9% of Kopernik Global Investors LLC’s portfolio, making the stock its 16th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. NewEdge Wealth LLC lifted its position in shares of NiCE by 15.3% in the 1st quarter. NewEdge Wealth LLC now owns 4,023 shares of the technology company’s stock worth $444,000 after purchasing an additional 533 shares during the period. Saturna Capital Corp increased its position in shares of NiCE by 56.9% during the first quarter. Saturna Capital Corp now owns 29,644 shares of the technology company’s stock worth $3,269,000 after buying an additional 10,752 shares during the period. PNC Financial Services Group Inc. increased its position in shares of NiCE by 48.4% during the first quarter. PNC Financial Services Group Inc. now owns 5,059 shares of the technology company’s stock worth $558,000 after buying an additional 1,651 shares during the period. Parallel Advisors LLC increased its position in shares of NiCE by 50.4% during the first quarter. Parallel Advisors LLC now owns 2,092 shares of the technology company’s stock worth $231,000 after buying an additional 701 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in NiCE by 50.9% during the first quarter. Bank of New York Mellon Corp now owns 9,715 shares of the technology company’s stock worth $1,071,000 after buying an additional 3,276 shares during the last quarter. 63.34% of the stock is currently owned by institutional investors.

NiCE Stock Down 6.0%

NiCE stock opened at $88.52 on Thursday. NiCE has a 12-month low of $83.10 and a 12-month high of $175.00. The firm’s fifty day moving average is $93.05 and its 200 day moving average is $104.36. The company has a market capitalization of $5.17 billion, a PE ratio of 10.50, a PEG ratio of 0.97 and a beta of 0.77.

NiCE (NASDAQ:NICE) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, topping 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 business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period last year, the company posted $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. Sell-side analysts expect that NiCE will post 9.08 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on NICE shares. Cantor Fitzgerald restated a “neutral” rating and issued a $104.00 target price on shares of NiCE in a report on Wednesday, June 10th. Citigroup reissued a “market outperform” rating on shares of NiCE in a research report on Thursday, June 11th. Morgan Stanley dropped their price objective on NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Royal Bank Of Canada reissued an “outperform” rating and issued a $130.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $155.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Eight research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $131.17.

NiCE 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.