NiCE (NASDAQ:NICE) VP Sells $50,000.00 in Stock

NiCE (NASDAQ:NICE) VP Udi Yehuda Dayan sold 500 shares of the stock in a transaction dated Friday, August 7th. The shares were 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 in the company, valued at $50,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

NiCE Trading Down 2.9%

Shares of NICE stock opened at $98.56 on Thursday. The firm has a fifty day moving average price of $94.62 and a 200 day moving average price of $102.67. The company has a market cap of $5.76 billion, a P/E ratio of 14.35, a PEG ratio of 1.07 and a beta of 0.74. NiCE has a 12 month low of $83.10 and a 12 month high of $153.68.

NiCE (NASDAQ:NICE) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, beating the consensus estimate of $2.63 by $0.07. The company had revenue of $782.29 million for the quarter, compared to analyst estimates of $766.27 million. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.01 earnings per share. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. On average, equities analysts forecast that NiCE will post 8.93 EPS for the current year.

Wall Street Analyst Weigh In

NICE has been the subject of a number of analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $130.00 price objective on shares of NiCE in a research report on Wednesday, June 10th. Citigroup reiterated a “neutral” rating on shares of NiCE in a research note on Thursday, August 6th. Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $104.00 price objective on shares of NiCE in a report on Wednesday, June 10th. Finally, DA Davidson boosted their target price on NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $129.50.

Institutional Investors Weigh In On NiCE

Several institutional investors and hedge funds have recently made changes to their positions in NICE. Manchester Capital Management LLC acquired a new stake in shares of NiCE during the fourth quarter valued at $39,000. V Square Quantitative Management LLC purchased a new position in NiCE in the 1st quarter valued at about $40,000. Tower Research Capital LLC TRC acquired a new stake in shares of NiCE during the 2nd quarter worth about $40,000. Western Wealth Management LLC acquired a new stake in shares of NiCE during the 1st quarter worth about $44,000. Finally, Legal & General Group Plc purchased a new stake in shares of NiCE during the second quarter worth about $65,000. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

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.