Investors Purchase High Volume of NiCE Call Options (NASDAQ:NICE)

NiCE (NASDAQ:NICE) saw unusually large options trading on Tuesday. Investors purchased 12,481 call options on the stock. This represents an increase of 896% compared to the average daily volume of 1,253 call options.

Institutional Investors Weigh In On NiCE

Several large investors have recently made changes to their positions in NICE. Tower Research Capital LLC TRC bought a new position in shares of NiCE in the second quarter valued at $40,000. Manchester Capital Management LLC acquired a new position in NiCE during the fourth quarter worth $39,000. V Square Quantitative Management LLC bought a new stake in NiCE during the first quarter worth $40,000. Legal & General Group Plc bought a new stake in NiCE during the second quarter worth $65,000. Finally, Western Wealth Management LLC acquired a new stake in NiCE in the first quarter valued at $44,000. Institutional investors and hedge funds own 63.34% of the company’s stock.

NiCE Stock Performance

NASDAQ NICE traded up $2.00 during trading on Tuesday, hitting $86.06. The stock had a trading volume of 268,820 shares, compared to its average volume of 783,269. The company has a market capitalization of $5.03 billion, a PE ratio of 10.20, a P/E/G ratio of 0.88 and a beta of 0.78. The company’s 50-day moving average price is $95.13 and its two-hundred day moving average price is $106.50. NiCE has a 12 month low of $83.10 and a 12 month high of $175.00.

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

Analyst Ratings Changes

A number of research firms have recently commented on NICE. Piper Sandler reaffirmed a “neutral” rating and set a $124.00 price target on shares of NiCE in a research report on Monday, February 23rd. Rosenblatt Securities reissued a “buy” rating and set a $155.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Cantor Fitzgerald restated a “neutral” rating and set a $104.00 target price on shares of NiCE in a report on Wednesday, June 10th. Citigroup reaffirmed a “market outperform” rating on shares of NiCE in a research note on Thursday, June 11th. Finally, Wedbush reduced their price target on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Eight investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $131.17.

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.