30,892 Shares in NiCE $NICE Bought by PB Investment Partners L.P.

PB Investment Partners L.P. purchased a new position in shares of NiCE (NASDAQ:NICE) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 30,892 shares of the technology company’s stock, valued at approximately $3,492,000. NiCE makes up approximately 2.2% of PB Investment Partners L.P.’s portfolio, making the stock its 8th biggest position.

Several other institutional investors have also bought and sold shares of the stock. Steward Partners Investment Advisory LLC grew its holdings in NiCE by 14.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock worth $96,000 after buying an additional 106 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in NiCE by 1.3% during the third quarter. Qube Research & Technologies Ltd now owns 11,276 shares of the technology company’s stock worth $1,633,000 after buying an additional 142 shares in the last quarter. Saturna Capital Corp grew its holdings in NiCE by 0.8% during the fourth quarter. Saturna Capital Corp now owns 18,892 shares of the technology company’s stock worth $2,136,000 after buying an additional 150 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in NiCE during the second quarter worth $40,000. Finally, Merit Financial Group LLC grew its holdings in NiCE by 16.3% during the third quarter. Merit Financial Group LLC now owns 1,923 shares of the technology company’s stock worth $278,000 after buying an additional 269 shares in the last quarter. Institutional investors own 63.34% of the company’s stock.

NiCE Price Performance

Shares of NASDAQ:NICE opened at $88.71 on Monday. The company has a market capitalization of $5.18 billion, a PE ratio of 10.52, a price-to-earnings-growth ratio of 0.92 and a beta of 0.78. The business has a fifty day moving average price of $98.22 and a two-hundred day moving average price of $107.37. NiCE has a 1 year low of $84.38 and a 1 year high of $175.00.

NiCE (NASDAQ:NICE) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.12. The firm had revenue of $768.62 million during the quarter, compared to the consensus estimate of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.87 EPS. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. Sell-side analysts anticipate that NiCE will post 9.08 earnings per share for the current year.

NiCE declared that its Board of Directors has approved a share repurchase plan on Thursday, February 19th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the technology company to reacquire up to 9.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages recently issued reports on NICE. Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a report on Friday, March 27th. Zacks Research upgraded NiCE from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $130.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Jefferies Financial Group restated a “hold” rating on shares of NiCE in a research note on Thursday, February 19th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $104.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, NiCE currently has an average rating of “Hold” and an average price target of $132.83.

About NiCE

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.