6,772 NiCE $NICE Shares Purchased by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC boosted its holdings in shares of NiCE (NASDAQ:NICE) by 178.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,568 shares of the technology company’s stock after buying an additional 6,772 shares during the period. Legacy Wealth Asset Management LLC’s holdings in NiCE were worth $1,176,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Manchester Capital Management LLC acquired a new position in shares of NiCE in the 4th quarter valued at $39,000. V Square Quantitative Management LLC acquired a new stake in shares of NiCE during the 1st quarter valued at about $40,000. Western Wealth Management LLC acquired a new stake in shares of NiCE during the 1st quarter valued at about $44,000. MidFirst Bank bought a new stake in NiCE in the fourth quarter valued at about $69,000. Finally, Allworth Financial LP increased its stake in NiCE by 24.6% in the second quarter. Allworth Financial LP now owns 871 shares of the technology company’s stock valued at $79,000 after acquiring an additional 172 shares during the period. Institutional investors own 63.34% of the company’s stock.

NiCE Stock Up 0.8%

NASDAQ:NICE opened at $117.31 on Friday. The firm has a market cap of $6.86 billion, a PE ratio of 17.08, a price-to-earnings-growth ratio of 1.26 and a beta of 0.76. NiCE has a 12 month low of $83.10 and a 12 month high of $140.18. The company’s 50-day moving average price is $105.80 and its two-hundred day moving average price is $100.56.

NiCE (NASDAQ:NICE) last issued its quarterly earnings data on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.07. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The firm had revenue of $782.29 million for the quarter, compared to analysts’ expectations of $766.27 million. During the same period in the prior year, the firm earned $3.01 earnings per share. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. On average, research analysts expect that NiCE will post 8.66 EPS for the current fiscal year.

Analysts Set New Price Targets

NICE has been the subject of a number of analyst reports. Royal Bank Of Canada raised their price target on shares of NiCE from $130.00 to $145.00 and gave the stock an “outperform” rating in a research note on Thursday, September 24th. DA Davidson upped their price objective on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Rosenblatt Securities reissued a “buy” rating and issued a $130.00 target price on shares of NiCE in a report on Thursday, August 6th. Oppenheimer upgraded NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Wednesday, September 30th. Finally, Citigroup reaffirmed a “neutral” rating on shares of NiCE in a research note on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.23.

Insider Buying and Selling

In related news, VP Udi Dayan sold 500 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $100.00, for a total transaction of $50,000.00. Following the completion of the sale, the vice president directly owned 500 shares of the company’s stock, valued at $50,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.02% of the stock is currently owned by company insiders.

About NiCE

NiCE Ltd., formerly known as NICE-Systems, is an Israeli technology company that provides cloud-based software and artificial intelligence solutions for customer experience and business operations. Its platforms help organizations manage customer interactions across contact centers and digital channels, while supporting employee engagement, workflow automation, analytics and decision-making.

The company’s portfolio includes CXone, a cloud customer experience platform that combines contact center, workforce management, quality management, analytics and automation capabilities.