89,590 Shares in NiCE $NICE Purchased by Hiddenite Capital Partners LP

Hiddenite Capital Partners LP bought a new position in shares of NiCE (NASDAQ:NICE) during the third quarter, HoldingsChannel reports. The fund bought 89,590 shares of the technology company’s stock, valued at approximately $9,969,000. NiCE comprises about 1.8% of Hiddenite Capital Partners LP’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors have also modified their holdings of NICE. Park Avenue Securities LLC increased its holdings in shares of NiCE by 4.5% in the third quarter. Park Avenue Securities LLC now owns 2,878 shares of the technology company’s stock valued at $320,000 after purchasing an additional 123 shares during the period. Leslie Global Wealth LLC acquired a new stake in shares of NiCE during the third quarter worth $234,000. Lakewood Asset Management LLC lifted its holdings in shares of NiCE by 8.5% during the third quarter. Lakewood Asset Management LLC now owns 13,339 shares of the technology company’s stock worth $1,484,000 after purchasing an additional 1,049 shares during the period. Apollon Wealth Management LLC purchased a new position in NiCE in the 3rd quarter valued at $216,000. Finally, Probity Advisors Inc. purchased a new position in NiCE in the 3rd quarter valued at $244,000. 63.34% of the stock is owned by institutional investors and hedge funds.

NiCE Trading Down 1.2%

Shares of NICE stock opened at $112.39 on Tuesday. The company has a market cap of $6.57 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76. The stock has a 50 day simple moving average of $110.90 and a 200-day simple moving average of $105.09. NiCE has a 12-month low of $83.10 and a 12-month high of $138.58.

NiCE (NASDAQ:NICE) last posted 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. NiCE had a return on equity of 15.46% and a net margin of 13.86%. 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 firm earned $3.01 EPS. The company’s quarterly 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. On average, equities analysts forecast that NiCE will post 8.60 earnings per share for the current fiscal year.

Insider Transactions at NiCE

In other NiCE news, VP Udi Dayan sold 500 shares of the stock in a transaction 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 transaction, the vice president owned 500 shares in the company, valued at approximately $50,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

NICE has been the topic of several recent research reports. Oppenheimer raised shares of NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research note on Wednesday, September 30th. Yorkville Ives began coverage on shares of NiCE in a research note on Monday, October 5th. They issued an “in-line” rating and a $125.00 target price for the company. Rosenblatt Securities restated a “buy” rating and issued a $130.00 target price on shares of NiCE in a research note on Thursday, August 6th. Weiss Ratings raised shares of NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. Finally, DA Davidson boosted their price target on shares of NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $131.71.

NiCE Profile

NICE Ltd. (NASDAQ: NICE) is a technology company that provides cloud-based software and artificial intelligence solutions for customer experience, employee engagement, and business operations. Its platforms help organizations manage customer interactions across voice, digital, and other communication channels while using analytics and automation to improve service and operational performance.

The company’s portfolio includes NICE CXone, a cloud customer experience platform that supports contact-center operations, workforce management, analytics, and digital engagement.