Legacy Wealth Asset Management LLC Has $461,000 Holdings in Nice $NICE

Legacy Wealth Asset Management LLC grew its stake in Nice (NASDAQ:NICE) by 3.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,728 shares of the technology company’s stock after buying an additional 101 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Nice were worth $461,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Aurora Investment Counsel lifted its position in shares of Nice by 1.6% in the second quarter. Aurora Investment Counsel now owns 12,252 shares of the technology company’s stock worth $2,069,000 after buying an additional 196 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in shares of Nice in the second quarter worth about $87,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Nice in the second quarter worth about $291,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of Nice by 55.0% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 4,998 shares of the technology company’s stock worth $844,000 after buying an additional 1,773 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of Nice by 7.8% in the second quarter. Apollon Wealth Management LLC now owns 4,862 shares of the technology company’s stock worth $821,000 after buying an additional 350 shares during the last quarter. Institutional investors and hedge funds own 63.34% of the company’s stock.

Nice Stock Up 1.7%

Shares of NICE opened at $134.52 on Wednesday. Nice has a 12-month low of $126.66 and a 12-month high of $200.65. The firm has a market capitalization of $8.51 billion, a price-to-earnings ratio of 16.07, a P/E/G ratio of 1.14 and a beta of 0.96. The stock’s 50-day moving average price is $140.10 and its 200 day moving average price is $153.32.

Nice (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, August 14th. The technology company reported $3.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.02. Nice had a return on equity of 17.43% and a net margin of 18.92%.The firm had revenue of $726.71 million for the quarter, compared to analyst estimates of $713.18 million. During the same period in the previous year, the company posted $2.64 earnings per share. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. Nice has set its FY 2025 guidance at 12.330-12.530 EPS. Q3 2025 guidance at 3.120-3.220 EPS. Equities research analysts expect that Nice will post 9.85 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NICE. JMP Securities reaffirmed a “market outperform” rating and issued a $300.00 price target on shares of Nice in a research report on Tuesday, August 26th. Wall Street Zen cut Nice from a “buy” rating to a “hold” rating in a research report on Saturday. DA Davidson cut their price objective on Nice from $195.00 to $150.00 and set a “neutral” rating for the company in a research report on Thursday, August 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Nice in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $152.00 price objective on shares of Nice in a research report on Sunday, October 12th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $201.25.

Nice Profile

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.