19,215 Shares in NiCE $NICE Acquired by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC bought a new position in NiCE (NASDAQ:NICE) in the first quarter, HoldingsChannel.com reports. The fund bought 19,215 shares of the technology company’s stock, valued at approximately $2,119,000. NiCE accounts for 1.3% of Collaborative Fund Advisors LLC’s portfolio, making the stock its 17th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of NiCE by 2.7% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,768,920 shares of the technology company’s stock worth $400,884,000 after buying an additional 73,083 shares during the last quarter. FIL Ltd boosted its position in NiCE by 0.7% in the fourth quarter. FIL Ltd now owns 1,732,137 shares of the technology company’s stock worth $195,801,000 after purchasing an additional 11,433 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of NiCE by 0.9% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock valued at $186,142,000 after purchasing an additional 15,000 shares during the period. Artisan Partners Limited Partnership increased its position in shares of NiCE by 22.1% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,256,752 shares of the technology company’s stock valued at $142,063,000 after purchasing an additional 227,631 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its position in shares of NiCE by 13.7% during the 4th quarter. Neuberger Berman Group LLC now owns 961,146 shares of the technology company’s stock valued at $108,648,000 after purchasing an additional 115,526 shares during the last quarter. 63.34% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on NICE. Cantor Fitzgerald reissued a “neutral” rating and issued a $104.00 price objective on shares of NiCE in a report on Wednesday, June 10th. Wedbush decreased their price target on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price target on shares of NiCE in a research note on Wednesday, June 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Finally, DA Davidson upgraded NiCE from a “neutral” rating to a “buy” rating and set a $110.00 price objective for the company in a research note on Thursday, June 18th. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, NiCE presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.17.

NiCE Stock Performance

NiCE stock opened at $96.74 on Monday. The firm has a 50 day moving average of $93.02 and a 200 day moving average of $105.52. The firm has a market capitalization of $5.65 billion, a price-to-earnings ratio of 11.48, a P/E/G ratio of 1.00 and a beta of 0.77. NiCE has a 12-month low of $83.10 and a 12-month high of $175.00.

NiCE (NASDAQ:NICE) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, beating the consensus estimate 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 company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, analysts predict that NiCE will post 9.08 EPS for the current year.

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.