Apollon Wealth Management LLC increased its holdings in shares of Nice (NASDAQ:NICE – Free Report) by 7.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,862 shares of the technology company’s stock after acquiring an additional 350 shares during the period. Apollon Wealth Management LLC’s holdings in Nice were worth $821,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Richardson Financial Services Inc. grew its position in Nice by 99.0% during the 2nd quarter. Richardson Financial Services Inc. now owns 199 shares of the technology company’s stock worth $33,000 after acquiring an additional 99 shares during the last quarter. Cheviot Value Management LLC bought a new position in Nice in the 1st quarter valued at $36,000. Capital Analysts LLC bought a new position in Nice in the 1st quarter valued at $69,000. Anderson Financial Strategies LLC bought a new position in Nice in the 1st quarter valued at $72,000. Finally, IFP Advisors Inc boosted its position in Nice by 76.2% in the 1st quarter. IFP Advisors Inc now owns 652 shares of the technology company’s stock valued at $101,000 after buying an additional 282 shares during the last quarter. 63.34% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
NICE has been the topic of a number of recent research reports. Jefferies Financial Group reiterated a “hold” rating and issued a $152.00 price objective on shares of Nice in a research report on Sunday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 price objective on shares of Nice in a research report on Wednesday, June 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Nice in a research report on Wednesday, October 8th. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 price objective on shares of Nice in a research report on Friday, August 15th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $161.00 price objective on shares of Nice in a research report on Wednesday, June 18th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $201.25.
Nice Stock Down 2.2%
NASDAQ:NICE opened at $128.52 on Thursday. Nice has a 12-month low of $127.00 and a 12-month high of $200.65. The firm has a market capitalization of $8.13 billion, a P/E ratio of 15.35, a P/E/G ratio of 1.14 and a beta of 0.96. The stock’s fifty day simple moving average is $141.29 and its 200-day simple moving average is $153.88.
Nice (NASDAQ:NICE – Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The technology company reported $3.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.02. Nice had a return on equity of 17.43% and a net margin of 18.92%.The business had revenue of $726.71 million for the quarter, compared to analyst estimates of $713.18 million. During the same period last year, the company earned $2.64 EPS. The firm’s revenue was up 9.4% on a year-over-year basis. Nice has set its FY 2025 guidance at 12.330-12.530 EPS. Q3 2025 guidance at 3.120-3.220 EPS. As a group, equities research analysts expect that Nice will post 9.85 earnings per share for the current year.
Nice Company Profile
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.
See Also
- Five stocks we like better than Nice
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Palantir’s New Healthcare Deal Boosts AI and Data Reach
- 3 Warren Buffett Stocks to Buy Now
- GM’s Billion-Dollar Bruise: GM’s Strategic Pivot Makes It a Buy
- There Are Different Types of Stock To Invest In
- Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead
Want to see what other hedge funds are holding NICE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nice (NASDAQ:NICE – Free Report).
Receive News & Ratings for Nice Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nice and related companies with MarketBeat.com's FREE daily email newsletter.