4,337 Shares in NiCE $NICE Bought by Heron Bay Capital Management

Heron Bay Capital Management acquired a new stake in shares of NiCE (NASDAQ:NICE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,337 shares of the technology company’s stock, valued at approximately $628,000.

A number of other institutional investors have also added to or reduced their stakes in NICE. Lazard Asset Management LLC raised its holdings in NiCE by 116.1% during the second quarter. Lazard Asset Management LLC now owns 1,226,920 shares of the technology company’s stock worth $207,238,000 after buying an additional 659,170 shares during the last quarter. Boston Partners boosted its stake in NiCE by 41.2% during the 2nd quarter. Boston Partners now owns 538,985 shares of the technology company’s stock valued at $90,945,000 after purchasing an additional 157,319 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in NiCE by 81.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock worth $35,430,000 after purchasing an additional 103,342 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of NiCE by 36.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 336,887 shares of the technology company’s stock worth $56,904,000 after purchasing an additional 90,054 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of NiCE by 59.4% during the third quarter. Envestnet Asset Management Inc. now owns 182,438 shares of the technology company’s stock valued at $26,413,000 after buying an additional 67,971 shares during the last quarter. 63.34% of the stock is owned by institutional investors and hedge funds.

NiCE Trading Up 1.0%

Shares of NICE stock opened at $128.13 on Friday. The firm’s 50 day moving average is $112.97 and its 200 day moving average is $123.10. The stock has a market capitalization of $8.10 billion, a P/E ratio of 13.25, a PEG ratio of 1.48 and a beta of 0.95. NiCE has a 12 month low of $94.65 and a 12 month high of $180.61.

NiCE (NASDAQ:NICE) last issued its earnings results on Thursday, February 19th. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.01. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The business had revenue of $786.50 million for the quarter, compared to analysts’ expectations of $779.95 million. During the same quarter in the previous year, the firm posted $3.02 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. 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 predict that NiCE will post 9.85 EPS for the current year.

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

Analysts Set New Price Targets

NICE has been the topic of several recent analyst reports. Citizens Jmp set a $200.00 price objective on NiCE in a research note on Friday, November 14th. DA Davidson dropped their price target on shares of NiCE from $150.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 18th. Morgan Stanley set a $148.00 price objective on shares of NiCE in a research report on Friday, February 20th. Rosenblatt Securities reissued a “buy” rating and set a $155.00 target price on shares of NiCE in a research report on Friday, February 20th. Finally, Wedbush restated a “neutral” rating and set a $120.00 price objective 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 stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $151.83.

NiCE 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.