Hantz Financial Services Inc. Grows Stake in NiCE $NICE

Hantz Financial Services Inc. increased its stake in NiCE (NASDAQ:NICE) by 636.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,932 shares of the technology company’s stock after purchasing an additional 11,175 shares during the quarter. Hantz Financial Services Inc.’s holdings in NiCE were worth $1,462,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Qube Research & Technologies Ltd raised its holdings in NiCE by 1.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 11,276 shares of the technology company’s stock worth $1,633,000 after purchasing an additional 142 shares during the period. UMB Bank n.a. raised its holdings in NiCE by 66.0% in the 3rd quarter. UMB Bank n.a. now owns 478 shares of the technology company’s stock worth $69,000 after purchasing an additional 190 shares during the period. Tower Research Capital LLC TRC bought a new position in NiCE in the 2nd quarter worth $40,000. Merit Financial Group LLC raised its holdings in NiCE by 16.3% in the 3rd quarter. Merit Financial Group LLC now owns 1,923 shares of the technology company’s stock worth $278,000 after purchasing an additional 269 shares during the period. Finally, Azimuth Capital Investment Management LLC raised its holdings in NiCE by 1.2% in the 3rd quarter. Azimuth Capital Investment Management LLC now owns 27,737 shares of the technology company’s stock worth $4,016,000 after purchasing an additional 323 shares during the period. 63.34% of the stock is owned by institutional investors.

NiCE Stock Down 3.2%

NASDAQ:NICE opened at $91.15 on Thursday. The business’s 50-day simple moving average is $103.24 and its two-hundred day simple moving average is $109.48. The stock has a market cap of $5.51 billion, a PE ratio of 10.81, a P/E/G ratio of 0.97 and a beta of 0.82. NiCE has a 52 week low of $84.38 and a 52 week high of $180.61.

NiCE (NASDAQ:NICE) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.12. The business had revenue of $768.62 million for the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $2.87 earnings per share. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. Sell-side analysts anticipate that NiCE will post 9.08 earnings per share for the current fiscal year.

NiCE announced that its board has approved a share buyback plan on Thursday, February 19th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the technology company to purchase up to 9.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

NICE has been the topic of a number of recent research reports. Citigroup decreased their target price on NiCE from $119.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Wedbush reaffirmed a “neutral” rating and issued a $120.00 target price on shares of NiCE in a report on Friday, February 20th. Jefferies Financial Group reaffirmed a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Royal Bank Of Canada decreased their target price on NiCE from $150.00 to $130.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $124.00 target price on shares of NiCE in a report on Monday, February 23rd. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $136.92.

About NiCE

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.