Yelin Lapidot Holdings Management Ltd. Decreases Holdings in NiCE $NICE

Yelin Lapidot Holdings Management Ltd. decreased its stake in NiCE (NASDAQ:NICE) by 45.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,396 shares of the technology company’s stock after selling 22,400 shares during the quarter. Yelin Lapidot Holdings Management Ltd.’s holdings in NiCE were worth $2,910,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NICE. Manchester Capital Management LLC purchased a new stake in NiCE during the 4th quarter worth approximately $39,000. Tower Research Capital LLC TRC purchased a new position in shares of NiCE in the second quarter valued at approximately $40,000. Legal & General Group Plc acquired a new stake in shares of NiCE in the second quarter worth approximately $65,000. MidFirst Bank acquired a new stake in shares of NiCE in the fourth quarter worth approximately $69,000. Finally, Steward Partners Investment Advisory LLC increased its position 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 worth $96,000 after purchasing an additional 106 shares in the last quarter. 63.34% of the stock is owned by hedge funds and other institutional investors.

NiCE Price Performance

Shares of NASDAQ:NICE opened at $91.99 on Monday. The business has a fifty day moving average of $94.15 and a two-hundred day moving average of $106.00. The stock has a market cap of $5.38 billion, a P/E ratio of 10.91, a PEG ratio of 0.95 and a beta of 0.78. NiCE has a 52-week low of $83.10 and a 52-week high of $175.00.

NiCE (NASDAQ:NICE) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, topping the consensus estimate of $2.52 by $0.12. The business had revenue of $768.62 million for the quarter, compared to analyst estimates of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter 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. On average, equities analysts anticipate that NiCE will post 9.08 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on NICE shares. Morgan Stanley reduced their price objective on NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a report on Wednesday. Cantor Fitzgerald reiterated a “neutral” rating and issued a $104.00 target price on shares of NiCE in a research report on Wednesday, June 10th. Wedbush reduced their target price on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Finally, Citigroup restated a “market outperform” rating on shares of NiCE in a research report on Thursday, June 11th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $131.17.

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.