Udi Yehuda Dayan Sells 500 Shares of NiCE (NASDAQ:NICE) Stock

NiCE (NASDAQ:NICE) VP Udi Yehuda Dayan sold 500 shares of NiCE stock in a transaction on Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the transaction, the vice president owned 500 shares in the company, valued at approximately $50,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

NiCE Stock Performance

Shares of NiCE stock opened at $101.52 on Wednesday. NiCE has a fifty-two week low of $83.10 and a fifty-two week high of $153.68. The company has a market capitalization of $5.93 billion, a P/E ratio of 14.78, a P/E/G ratio of 1.06 and a beta of 0.74. The company has a fifty day moving average of $94.54 and a 200 day moving average of $102.76.

NiCE (NASDAQ:NICE) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $0.07. The business had revenue of $782.29 million for the quarter, compared to analysts’ expectations of $766.27 million. NiCE had a return on equity of 15.46% and a net margin of 13.86%.The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $3.01 earnings per share. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Analysts forecast that NiCE will post 9.11 EPS for the current year.

Institutional Trading of NiCE

Hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. grew its holdings in shares of NiCE by 1,637.6% in the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock valued at $504,874,000 after purchasing an additional 4,315,414 shares in the last quarter. FIL Ltd raised its stake in NiCE by 0.7% during the fourth quarter. FIL Ltd now owns 1,732,137 shares of the technology company’s stock valued at $195,801,000 after purchasing an additional 11,433 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its position in NiCE by 0.9% during the fourth 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 last quarter. Artisan Partners Limited Partnership grew its stake in shares of NiCE by 22.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,256,752 shares of the technology company’s stock worth $142,063,000 after buying an additional 227,631 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of NiCE by 16.8% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock worth $113,366,000 after buying an additional 148,113 shares in the last quarter. 63.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NICE has been the subject of several recent analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $130.00 price target on shares of NiCE in a research note on Wednesday, June 10th. Cantor Fitzgerald reissued a “neutral” rating and issued a $104.00 target price on shares of NiCE in a report on Wednesday, June 10th. Rosenblatt Securities restated a “buy” rating and set a $130.00 target price on shares of NiCE in a research report on Thursday, August 6th. Citizens Jmp cut their target price on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research note on Thursday, May 7th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a report on Wednesday, June 24th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $129.50.

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.