NiCE (NASDAQ:NICE) Short Interest Up 32.1% in February

NiCE (NASDAQ:NICE) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 3,478,529 shares, an increase of 32.1% from the January 29th total of 2,633,710 shares. Based on an average daily volume of 1,148,884 shares, the days-to-cover ratio is presently 3.0 days. Approximately 5.5% of the company’s shares are short sold. Approximately 5.5% of the company’s shares are short sold. Based on an average daily volume of 1,148,884 shares, the days-to-cover ratio is presently 3.0 days.

Hedge Funds Weigh In On NiCE

A number of large investors have recently made changes to their positions in the business. Seelaus Asset Management LLC grew its stake in NiCE by 4.6% during the 3rd quarter. Seelaus Asset Management LLC now owns 1,691 shares of the technology company’s stock worth $245,000 after buying an additional 75 shares during the last quarter. Inspire Advisors LLC increased its holdings in shares of NiCE by 2.5% during the third quarter. Inspire Advisors LLC now owns 3,302 shares of the technology company’s stock valued at $478,000 after acquiring an additional 79 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its holdings in shares of NiCE by 6.7% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,492 shares of the technology company’s stock valued at $252,000 after acquiring an additional 94 shares in the last quarter. Legacy Wealth Asset Management LLC raised its position in shares of NiCE by 3.7% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 2,829 shares of the technology company’s stock valued at $410,000 after purchasing an additional 101 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in NiCE by 14.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock worth $96,000 after purchasing an additional 106 shares in the last quarter. 63.34% of the stock is owned by institutional investors and hedge funds.

NiCE Stock Up 0.1%

Shares of NASDAQ NICE traded up $0.13 during mid-day trading on Monday, reaching $116.38. 438,027 shares of the company were exchanged, compared to its average volume of 961,778. NiCE has a 1 year low of $94.65 and a 1 year high of $180.61. The firm has a 50-day moving average of $112.04 and a 200 day moving average of $123.19. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 12.04, a P/E/G ratio of 1.35 and a beta of 0.95.

NiCE (NASDAQ:NICE) last announced its earnings results on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.01. The business had revenue of $786.50 million during the quarter, compared to the consensus estimate of $779.95 million. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The firm’s revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $3.02 earnings per share. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. On average, equities analysts forecast that NiCE will post 9.85 earnings per share for the current year.

NiCE announced that its board has approved a share buyback plan on Thursday, February 19th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the technology company to reacquire up to 9.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

NICE has been the subject of a number of research analyst reports. Morgan Stanley set a $148.00 target price on NiCE in a research report on Friday, February 20th. Citizens Jmp set a $200.00 price objective on NiCE in a report on Friday, November 14th. Citigroup upped their price objective on shares of NiCE from $209.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Royal Bank Of Canada dropped their target price on shares of NiCE from $175.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Finally, Wedbush restated a “neutral” rating and issued a $120.00 price target on shares of NiCE in a report on Friday, February 20th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $151.83.

NiCE Company 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.