NiCE (NASDAQ:NICE) Stock Price Down 6.2% – Time to Sell?

NiCE (NASDAQ:NICE) shares were down 6.2% during trading on Tuesday. The company traded as low as $104.29 and last traded at $105.4510. Approximately 144,608 shares traded hands during trading, a decline of 79% from the average session volume of 676,490 shares. The stock had previously closed at $112.39.

Wall Street Analyst Weigh In

NICE has been the topic of several analyst reports. Royal Bank Of Canada raised their target price on NiCE from $130.00 to $145.00 and gave the company an “outperform” rating in a report on Thursday, September 24th. Weiss Ratings upgraded shares of NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. 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. Citigroup reaffirmed a “neutral” rating on shares of NiCE in a report on Thursday, August 6th. Finally, Yorkville Ives initiated coverage on shares of NiCE in a report on Monday, October 5th. They issued an “in-line” rating and a $125.00 price objective on the stock. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.71.

NiCE Trading Down 5.6%

The stock has a market capitalization of $6.20 billion, a P/E ratio of 15.44, a P/E/G ratio of 1.28 and a beta of 0.76. The stock’s 50 day simple moving average is $110.90 and its 200 day simple moving average is $105.09.

NiCE (NASDAQ:NICE) last released its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, topping 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 company had revenue of $782.29 million during the quarter, compared to the consensus estimate of $766.27 million. During the same quarter in the previous year, the firm earned $3.01 EPS. The company’s revenue was up 7.7% on a year-over-year basis. 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, sell-side analysts expect that NiCE will post 8.60 EPS for the current fiscal year.

Insider Buying and Selling at NiCE

In related news, VP Udi Dayan sold 500 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the sale, the vice president owned 500 shares in the company, valued at $50,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.02% of the stock is currently owned by corporate insiders.

Institutional Trading of NiCE

Institutional investors and hedge funds have recently made changes to their positions in the stock. Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of NiCE in the 3rd quarter worth approximately $230,000. Guardian Wealth Management Inc. increased its stake in shares of NiCE by 0.4% during the third quarter. Guardian Wealth Management Inc. now owns 24,161 shares of the technology company’s stock valued at $2,688,000 after acquiring an additional 107 shares during the period. Hiddenite Capital Partners LP bought a new stake in NiCE during the third quarter worth approximately $9,969,000. Park Avenue Securities LLC lifted its position in NiCE by 4.5% in the third quarter. Park Avenue Securities LLC now owns 2,878 shares of the technology company’s stock worth $320,000 after purchasing an additional 123 shares during the period. Finally, Leslie Global Wealth LLC acquired a new stake in NiCE in the third quarter worth approximately $234,000. 63.34% of the stock is currently owned by institutional investors and hedge funds.

NiCE Company 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.