6,772 NiCE $NICE Shares Acquired by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC increased its stake in shares of NiCE (NASDAQ:NICE) by 178.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 10,568 shares of the technology company’s stock after buying an additional 6,772 shares during the period. Legacy Wealth Asset Management LLC’s holdings in NiCE were worth $1,176,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Manchester Capital Management LLC acquired a new stake in NiCE in the 4th quarter valued at about $39,000. V Square Quantitative Management LLC acquired a new position in shares of NiCE during the first quarter worth approximately $40,000. Western Wealth Management LLC acquired a new position in shares of NiCE during the first quarter worth approximately $44,000. MidFirst Bank bought a new stake in shares of NiCE during the fourth quarter valued at approximately $69,000. Finally, Allworth Financial LP grew its stake in shares of NiCE by 24.6% during the second quarter. Allworth Financial LP now owns 871 shares of the technology company’s stock valued at $79,000 after purchasing an additional 172 shares during the last quarter. Institutional investors own 63.34% of the company’s stock.

NiCE Price Performance

Shares of NASDAQ:NICE opened at $117.31 on Friday. NiCE has a one year low of $83.10 and a one year high of $140.18. The company has a 50 day moving average of $105.80 and a 200-day moving average of $100.56. The stock has a market cap of $6.86 billion, a price-to-earnings ratio of 17.08, a P/E/G ratio of 1.26 and a beta of 0.76.

NiCE (NASDAQ:NICE) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $766.27 million. During the same period in the prior year, the business posted $3.01 earnings per share. NiCE’s revenue was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Equities research analysts anticipate that NiCE will post 8.66 earnings per share for the current year.

Insider Activity at NiCE

In other NiCE news, VP Udi Dayan sold 500 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the completion of the sale, the vice president owned 500 shares in the company, valued at approximately $50,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NICE. Rosenblatt Securities reissued a “buy” rating and issued a $130.00 price target on shares of NiCE in a report on Thursday, August 6th. Weiss Ratings upgraded NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Oppenheimer raised NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research note on Wednesday, September 30th. Citigroup reissued a “neutral” rating on shares of NiCE in a research note on Thursday, August 6th. 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. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.23.

NiCE Company Profile

NiCE Ltd., formerly known as NICE-Systems, is an Israeli technology company that provides cloud-based software and artificial intelligence solutions for customer experience and business operations. Its platforms help organizations manage customer interactions across contact centers and digital channels, while supporting employee engagement, workflow automation, analytics and decision-making.

The company’s portfolio includes CXone, a cloud customer experience platform that combines contact center, workforce management, quality management, analytics and automation capabilities.