NiCE $NICE Shares Purchased by Phoenix Financial Ltd.

Phoenix Financial Ltd. grew its stake in shares of NiCE (NASDAQ:NICE) by 21.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 825,629 shares of the technology company’s stock after buying an additional 147,169 shares during the quarter. Phoenix Financial Ltd. owned 1.41% of NiCE worth $90,630,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Private Management Group Inc. grew its position in NiCE by 0.7% in the third quarter. Private Management Group Inc. now owns 368,464 shares of the technology company’s stock worth $40,999,000 after acquiring an additional 2,485 shares in the last quarter. Kopernik Global Investors LLC purchased a new stake in NiCE during the first quarter valued at about $27,670,000. Sei Investments Co. raised its position in NiCE by 10.6% during the first quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock valued at $21,468,000 after purchasing an additional 18,631 shares in the last quarter. Bank of America Corp DE raised its position in NiCE by 27.8% during the first quarter. Bank of America Corp DE now owns 173,896 shares of the technology company’s stock valued at $19,174,000 after purchasing an additional 37,865 shares in the last quarter. Finally, Kopion Asset Management LLC lifted its stake in NiCE by 4.3% during the third quarter. Kopion Asset Management LLC now owns 152,509 shares of the technology company’s stock worth $16,970,000 after purchasing an additional 6,237 shares during the last quarter. 63.34% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada cut their price objective on NiCE from $145.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, November 5th. DA Davidson raised their price objective on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Rosenblatt Securities restated a “buy” rating and issued a $130.00 target price on shares of NiCE in a research report on Thursday, August 6th. Citizens Jmp dropped their target price on NiCE from $170.00 to $158.00 and set a “market outperform” rating for the company in a research report on Thursday, November 5th. Finally, Weiss Ratings raised NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.79.

NiCE News Summary

These are some of the NICE news items that stood out recently:

• Positive Sentiment: NiCE introduced a next-generation version of Cognigy designed to help enterprises deploy and orchestrate AI agents. The launch could strengthen its AI offering and create growth opportunities, though financial impact will depend on adoption. Article: NiCE launches next-generation Cognigy
• Positive Sentiment: Northland Securities modestly raised its FY2027 EPS forecast to $9.44 from $9.40 and increased estimates for Q2 and Q3 2027, suggesting some improvement in its longer-term outlook. MarketBeat report
• Negative Sentiment: Northland cut its FY2026 EPS estimate to $8.47 from $8.61, lowering estimates for Q4 2026 and Q1 2027 as well. These revisions indicate near-term earnings expectations have softened. MarketBeat report

NiCE Trading Up 2.0%

Shares of NASDAQ:NICE traded up $1.92 during trading on Friday, reaching $96.04. 348,757 shares of the company traded hands, compared to its average volume of 658,495. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 15.54, a P/E/G ratio of 1.03 and a beta of 0.77. NiCE has a 52-week low of $83.10 and a 52-week high of $136.52. The business’s fifty day moving average is $109.42 and its 200-day moving average is $104.33.

NiCE (NASDAQ:NICE) last issued its earnings results on Wednesday, November 4th. The technology company reported $2.84 EPS for the quarter, topping the consensus estimate of $2.78 by $0.06. NiCE had a net margin of 12.01% and a return on equity of 14.34%. The company had revenue of $790.70 million for the quarter, compared to the consensus estimate of $785.75 million. During the same period in the previous year, the firm earned $3.18 earnings per share. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, sell-side analysts predict that NiCE will post 8.58 earnings per share for the current fiscal year.

NiCE Company Profile

NiCE Ltd. (NASDAQ: NICE), formerly known as NICE Systems, is a software company founded in Israel in 1986. It develops cloud-based and artificial intelligence-powered tools for businesses and public-sector organizations. Its products help organizations manage customer service across phone, chat and other digital channels, analyze customer interactions, and support contact-center operations. The company’s offerings include NICE CXone for customer experience and contact-center management, as well as NICE Actimize, which provides financial crime, risk and compliance software.