Nice $NICE Shares Acquired by Ceera Investments LLC

Ceera Investments LLC increased its position in Nice (NASDAQ:NICE) by 2.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,797 shares of the technology company’s stock after purchasing an additional 1,147 shares during the period. Nice accounts for about 2.5% of Ceera Investments LLC’s investment portfolio, making the stock its 6th biggest holding. Ceera Investments LLC’s holdings in Nice were worth $8,242,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. DAVENPORT & Co LLC acquired a new position in shares of Nice during the first quarter worth approximately $1,360,000. Crossmark Global Holdings Inc. raised its holdings in Nice by 46.4% during the first quarter. Crossmark Global Holdings Inc. now owns 9,764 shares of the technology company’s stock worth $1,505,000 after purchasing an additional 3,094 shares in the last quarter. Brown Advisory Inc. bought a new stake in Nice during the first quarter worth approximately $513,000. Cerity Partners LLC raised its holdings in Nice by 56.0% during the first quarter. Cerity Partners LLC now owns 9,986 shares of the technology company’s stock worth $1,540,000 after purchasing an additional 3,584 shares in the last quarter. Finally, Aurora Investment Counsel raised its holdings in Nice by 0.8% during the first quarter. Aurora Investment Counsel now owns 12,056 shares of the technology company’s stock worth $1,859,000 after purchasing an additional 96 shares in the last quarter. 63.34% of the stock is currently owned by institutional investors and hedge funds.

Nice Stock Performance

NICE opened at $136.66 on Monday. The company has a market cap of $8.64 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 1.16 and a beta of 0.96. Nice has a 52-week low of $126.66 and a 52-week high of $200.65. The stock has a 50-day moving average of $139.56 and a 200-day moving average of $152.50.

Nice (NASDAQ:NICE) last released its quarterly earnings results on Thursday, August 14th. The technology company reported $3.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.02. Nice had a net margin of 18.92% and a return on equity of 17.43%. The company had revenue of $726.71 million during the quarter, compared to analysts’ expectations of $713.18 million. During the same period in the prior year, the company earned $2.64 earnings per share. The business’s quarterly 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, research analysts predict that Nice will post 9.85 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Weiss Ratings cut Nice from a “hold (c-)” rating to a “sell (d+)” rating in a report on Saturday, October 25th. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of Nice in a research report on Friday, August 15th. Jefferies Financial Group restated a “hold” rating and set a $152.00 price target on shares of Nice in a report on Sunday, October 12th. Wall Street Zen cut shares of Nice from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Finally, JMP Securities restated a “market outperform” rating and set a $300.00 price target on shares of Nice in a report on Tuesday, August 26th. Eight research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $201.25.

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.