Nice $NICE Shares Acquired by Investors Research Corp

Investors Research Corp increased its stake in shares of Nice (NASDAQ:NICE) by 4.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,486 shares of the technology company’s stock after buying an additional 100 shares during the quarter. Investors Research Corp’s holdings in Nice were worth $420,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Northern Trust Corp boosted its holdings in shares of Nice by 126.3% during the fourth quarter. Northern Trust Corp now owns 22,345 shares of the technology company’s stock valued at $3,795,000 after acquiring an additional 12,469 shares during the period. Ameriprise Financial Inc. boosted its stake in Nice by 15.1% during the 4th quarter. Ameriprise Financial Inc. now owns 15,018 shares of the technology company’s stock valued at $2,551,000 after purchasing an additional 1,974 shares during the period. Focus Partners Wealth acquired a new position in Nice during the 4th quarter valued at about $208,000. Quantinno Capital Management LP grew its position in Nice by 3.4% in the 4th quarter. Quantinno Capital Management LP now owns 20,146 shares of the technology company’s stock worth $3,422,000 after purchasing an additional 668 shares during the last quarter. Finally, ProShare Advisors LLC increased its stake in shares of Nice by 19.1% in the fourth quarter. ProShare Advisors LLC now owns 1,693 shares of the technology company’s stock valued at $288,000 after purchasing an additional 271 shares during the period. 63.34% of the stock is currently owned by institutional investors.

Nice Stock Performance

NICE opened at $142.81 on Friday. The company has a market capitalization of $9.03 billion, a PE ratio of 17.06, a P/E/G ratio of 1.23 and a beta of 0.95. The stock’s fifty day moving average is $149.20 and its 200-day moving average is $155.05. Nice has a one year low of $127.00 and a one year high of $200.65.

Nice (NASDAQ:NICE) last released its earnings results on Thursday, August 14th. The technology company reported $3.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.02. Nice had a return on equity of 17.43% and a net margin of 18.92%.The firm had revenue of $726.71 million for the quarter, compared to analyst estimates of $713.18 million. During the same period in the previous year, the company earned $2.64 earnings per share. Nice’s revenue was up 9.4% compared to the same quarter last year. Nice has set its FY 2025 guidance at 12.330-12.530 EPS. Q3 2025 guidance at 3.120-3.220 EPS. On average, equities research analysts forecast that Nice will post 9.85 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on NICE. Royal Bank Of Canada reissued an “outperform” rating and issued a $200.00 price objective on shares of Nice in a report on Wednesday, June 18th. Piper Sandler reissued a “neutral” rating and issued a $182.00 price target (up previously from $153.00) on shares of Nice in a research note on Friday, June 13th. JMP Securities reissued a “market outperform” rating and set a $300.00 price target on shares of Nice in a report on Tuesday, August 26th. DA Davidson cut their price objective on shares of Nice from $195.00 to $150.00 and set a “neutral” rating on the stock in a research note on Thursday, August 14th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $200.00 price objective on shares of Nice in a report on Friday, June 20th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Nice presently has a consensus rating of “Moderate Buy” and an average target price of $205.25.

Nice 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.