ORG Wealth Partners LLC Grows Stake in NICE Ltd. (NASDAQ:NICE)

ORG Wealth Partners LLC lifted its stake in shares of NICE Ltd. (NASDAQ:NICE) by 116.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 468 shares of the technology company’s stock after purchasing an additional 252 shares during the period. ORG Wealth Partners LLC’s holdings in NICE were worth $79,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV raised its stake in shares of NICE by 208.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock valued at $26,000 after buying an additional 100 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in NICE in the 3rd quarter valued at about $41,000. GAMMA Investing LLC lifted its holdings in NICE by 89.9% during the third quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock valued at $43,000 after purchasing an additional 116 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in NICE by 48.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock worth $48,000 after purchasing an additional 91 shares during the period. Finally, Castleview Partners LLC purchased a new position in shares of NICE in the third quarter worth about $88,000. Institutional investors own 63.34% of the company’s stock.

NICE Stock Performance

Shares of NASDAQ:NICE opened at $161.66 on Friday. The firm has a fifty day moving average of $178.97 and a 200 day moving average of $174.30. NICE Ltd. has a 52-week low of $151.52 and a 52-week high of $270.73. The firm has a market capitalization of $10.16 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 1.46 and a beta of 1.06.

Analysts Set New Price Targets

NICE has been the topic of a number of recent research reports. Jefferies Financial Group restated a “hold” rating and set a $200.00 price target (down from $215.00) on shares of NICE in a research note on Thursday, December 19th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $260.00 price target on shares of NICE in a report on Friday, November 15th. Piper Sandler reiterated a “neutral” rating on shares of NICE in a research note on Thursday, November 14th. Northland Securities cut their target price on NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, November 15th. Finally, StockNews.com cut NICE from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 24th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.50.

About NICE

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.