Virtus Advisers LLC Purchases 8,835 Shares of NiCE $NICE

Virtus Advisers LLC acquired a new position in shares of NiCE (NASDAQ:NICE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,835 shares of the technology company’s stock, valued at approximately $983,000.

A number of other institutional investors have also made changes to their positions in NICE. Phoenix Financial Ltd. increased its holdings in NiCE by 21.7% in the third quarter. Phoenix Financial Ltd. now owns 825,629 shares of the technology company’s stock valued at $90,630,000 after purchasing an additional 147,169 shares during the last quarter. Private Management Group Inc. boosted its holdings in NiCE by 0.7% during the third quarter. Private Management Group Inc. now owns 368,464 shares of the technology company’s stock worth $40,999,000 after buying an additional 2,485 shares during the last quarter. Kopernik Global Investors LLC bought a new position in NiCE during the first quarter worth about $27,670,000. Sei Investments Co. boosted its holdings in NiCE by 10.6% during the first quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock worth $21,468,000 after buying an additional 18,631 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of NiCE by 27.8% during the 1st quarter. Bank of America Corp DE now owns 173,896 shares of the technology company’s stock worth $19,174,000 after buying an additional 37,865 shares during the period. 63.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Yorkville Ives started coverage on NiCE in a research note on Monday, October 5th. They issued an “in-line” rating and a $125.00 price target for the company. Weiss Ratings upgraded shares of NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Royal Bank Of Canada cut their price target on shares of NiCE from $145.00 to $130.00 and set an “outperform” rating on the stock in a research report on Thursday, November 5th. DA Davidson lifted their price objective on shares of NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Citizens Jmp decreased their price objective on shares of NiCE from $170.00 to $158.00 and set a “market outperform” rating for the company in a report on Thursday, November 5th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $129.79.

Latest NiCE News

Here’s some of the latest news about NICE:

• Positive Sentiment: Northland Securities modestly raised its FY2027 EPS forecast to $9.44 from $9.40 and increased estimates for Q2 and Q3 2027, suggesting some improvement in its longer-term outlook. MarketBeat report
• Negative Sentiment: Northland cut its FY2026 EPS estimate to $8.47 from $8.61, lowering estimates for Q4 2026 and Q1 2027 as well. These revisions indicate near-term earnings expectations have softened. MarketBeat report
• Negative Sentiment: A Seeking Alpha analysis says Cognigy’s early revenue contribution and return on investment have disappointed, with stronger benefits expected only in late 2027. It also cites lower operating margins from increased research, development, and sales spending, highlighting execution and profitability risks as NiCE shifts customers to cloud. Article: NICE: Current Value Incorporates All AI Questions

NiCE Stock Up 2.0%

Shares of NASDAQ:NICE traded up $1.92 during midday trading on Friday, reaching $96.04. 348,757 shares of the company were exchanged, compared to its average volume of 658,495. NiCE has a fifty-two week low of $83.10 and a fifty-two week high of $136.52. The stock has a fifty day simple moving average of $109.42 and a two-hundred day simple moving average of $104.33. The firm has a market cap of $5.61 billion, a PE ratio of 15.54, a P/E/G ratio of 1.03 and a beta of 0.77.

NiCE (NASDAQ:NICE) last posted its quarterly earnings data on Wednesday, November 4th. The technology company reported $2.84 EPS for the quarter, beating the consensus estimate of $2.78 by $0.06. The business had revenue of $790.70 million for the quarter, compared to analysts’ expectations of $785.75 million. NiCE had a net margin of 12.01% and a return on equity of 14.34%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.18 EPS. As a group, analysts forecast that NiCE will post 8.58 earnings per share for the current year.

NiCE Company Profile

NiCE Ltd. (NASDAQ: NICE), formerly known as NICE Systems, is a software company founded in Israel in 1986. It develops cloud-based and artificial intelligence-powered tools for businesses and public-sector organizations. Its products help organizations manage customer service across phone, chat and other digital channels, analyze customer interactions, and support contact-center operations. The company’s offerings include NICE CXone for customer experience and contact-center management, as well as NICE Actimize, which provides financial crime, risk and compliance software.