Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Invests $5.82 Million in NiCE $NICE

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in NiCE (NASDAQ:NICE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 64,080 shares of the technology company’s stock, valued at approximately $5,822,000. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD owned 0.11% of NiCE at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its position in shares of NiCE by 24.6% during the second quarter. Allworth Financial LP now owns 871 shares of the technology company’s stock worth $79,000 after buying an additional 172 shares during the period. Plan A Wealth LLC increased its position in NiCE by 14.2% in the 2nd quarter. Plan A Wealth LLC now owns 2,299 shares of the technology company’s stock valued at $209,000 after acquiring an additional 286 shares during the period. American Capital Management Inc. bought a new stake in NiCE during the 2nd quarter valued at $12,414,000. Chemistry Wealth Management LLC raised its stake in NiCE by 20.3% during the 2nd quarter. Chemistry Wealth Management LLC now owns 7,900 shares of the technology company’s stock valued at $718,000 after acquiring an additional 1,332 shares in the last quarter. Finally, 180 Wealth Advisors LLC boosted its position in NiCE by 35.1% during the 2nd quarter. 180 Wealth Advisors LLC now owns 4,813 shares of the technology company’s stock worth $437,000 after acquiring an additional 1,250 shares during the period. 63.34% of the stock is currently owned by institutional investors.

NiCE Stock Performance

Shares of NASDAQ NICE opened at $101.47 on Wednesday. The business has a 50 day simple moving average of $100.35 and a 200 day simple moving average of $101.96. NiCE has a 52 week low of $83.10 and a 52 week high of $153.68. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 1.14 and a beta of 0.75.

NiCE (NASDAQ:NICE) last posted its earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, topping the consensus estimate of $2.63 by $0.07. The firm had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, analysts predict that NiCE will post 8.66 EPS for the current year.

Wall Street Analyst Weigh In

NICE has been the topic of several research analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. DA Davidson boosted their target price on shares of NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $130.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Cantor Fitzgerald restated a “neutral” rating and set a $104.00 target price on shares of NiCE in a report on Wednesday, June 10th. Finally, 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. Seven 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’s stock. According to MarketBeat.com, NiCE presently has a consensus rating of “Hold” and an average price target of $129.50.

Insider Activity

In other NiCE news, VP Udi Dayan sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $100.00, for a total value of $50,000.00. Following the sale, the vice president 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 filing with the SEC, which is available through this link. Corporate insiders own 0.02% of the company’s stock.

NiCE 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.