Ceera Investments LLC Sells 23,490 Shares of NiCE $NICE

Ceera Investments LLC decreased its stake in NiCE (NASDAQ:NICE) by 47.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,791 shares of the technology company’s stock after selling 23,490 shares during the period. Ceera Investments LLC’s holdings in NiCE were worth $2,915,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of NiCE by 2.7% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,768,920 shares of the technology company’s stock valued at $400,884,000 after acquiring an additional 73,083 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of NiCE by 0.9% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock valued at $186,142,000 after acquiring an additional 15,000 shares during the last quarter. Artisan Partners Limited Partnership raised its stake in shares of NiCE by 3.8% during the third quarter. Artisan Partners Limited Partnership now owns 1,029,121 shares of the technology company’s stock valued at $148,996,000 after acquiring an additional 37,973 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of NiCE by 36.0% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 880,059 shares of the technology company’s stock valued at $99,482,000 after acquiring an additional 233,080 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its stake in shares of NiCE by 36.5% during the third quarter. Neuberger Berman Group LLC now owns 845,620 shares of the technology company’s stock valued at $122,429,000 after acquiring an additional 225,936 shares during the last quarter. Institutional investors own 63.34% of the company’s stock.

NiCE Price Performance

NICE opened at $94.46 on Tuesday. NiCE has a twelve month low of $84.38 and a twelve month high of $180.61. The company has a fifty day moving average of $104.24 and a 200-day moving average of $109.98. The stock has a market cap of $5.71 billion, a PE ratio of 11.21, a price-to-earnings-growth ratio of 0.98 and a beta of 0.82.

NiCE (NASDAQ:NICE) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.12. The business had revenue of $768.62 million during the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period last year, the company posted $2.87 earnings per share. 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 EPS for the current fiscal year.

NiCE announced that its board has approved a share repurchase program on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to purchase up to 9.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Piper Sandler reaffirmed a “neutral” rating and set a $124.00 price target on shares of NiCE in a research note on Monday, February 23rd. Zacks Research raised shares of NiCE from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 24th. Citizens Jmp dropped their price target on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research note on Thursday, May 7th. Royal Bank Of Canada dropped their price target on shares of NiCE from $150.00 to $130.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Finally, Morgan Stanley dropped their price target on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $136.92.

NiCE Company Profile

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.