Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Makes New $5.82 Million Investment in NiCE $NICE

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new stake in shares of NiCE (NASDAQ:NICE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 64,080 shares of the technology company’s stock, valued at approximately $5,822,000.

Other institutional investors also recently modified their holdings of the company. Sei Investments Co. grew its position in shares of NiCE by 10.6% during the 1st 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 period. American Capital Management Inc. acquired a new stake in shares of NiCE in the 2nd quarter valued at approximately $12,414,000. Principal Financial Group Inc. boosted its stake in NiCE by 1,637.6% during the 1st quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock worth $504,874,000 after acquiring an additional 4,315,414 shares during the last quarter. Kopernik Global Investors LLC bought a new position in NiCE during the 1st quarter worth approximately $27,670,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in NiCE by 16.8% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock valued at $113,366,000 after purchasing an additional 148,113 shares during the period. Institutional investors and hedge funds own 63.34% of the company’s stock.

Analyst Upgrades and Downgrades

NICE has been the subject of a number of recent analyst reports. Wedbush lowered their price objective on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Rosenblatt Securities reiterated a “buy” rating and set a $130.00 target price on shares of NiCE in a report on Thursday, August 6th. DA Davidson boosted their target price on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Citigroup restated a “neutral” rating on shares of NiCE in a report on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, NiCE currently has a consensus rating of “Hold” and an average price target of $129.50.

Insider Activity

In other news, VP Udi Dayan sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $100.00, for a total value of $50,000.00. Following the completion of the sale, the vice president directly owned 500 shares of the company’s stock, valued at $50,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.02% of the stock is currently owned by insiders.

NiCE Price Performance

NiCE stock opened at $101.47 on Wednesday. The firm has a 50-day moving average of $100.35 and a 200-day moving average of $101.96. NiCE has a one year low of $83.10 and a one year high of $153.68. The company has a market cap of $5.93 billion, a price-to-earnings ratio of 14.77, a P/E/G ratio of 1.14 and a beta of 0.75.

NiCE (NASDAQ:NICE) last released its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.07. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business had revenue of $782.29 million during the quarter, compared to analysts’ expectations of $766.27 million. During the same period last year, the business earned $3.01 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. As a group, sell-side analysts expect that NiCE will post 8.66 earnings per share for the current year.

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.