Veracity Capital LLC Has $922,000 Holdings in NICE Ltd. (NASDAQ:NICE)

Veracity Capital LLC boosted its holdings in shares of NICE Ltd. (NASDAQ:NICE) by 126.0% in the fourth quarter, HoldingsChannel reports. The firm owned 5,429 shares of the technology company’s stock after acquiring an additional 3,027 shares during the period. Veracity Capital LLC’s holdings in NICE were worth $922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV increased 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 in the last quarter. ORG Wealth Partners LLC acquired a new stake in NICE in the 3rd quarter valued at about $38,000. Wilmington Savings Fund Society FSB bought a new position in shares of NICE in the third quarter worth about $41,000. GAMMA Investing LLC grew its stake in shares of 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. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of NICE by 48.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock valued at $48,000 after purchasing an additional 91 shares in the last quarter. 63.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Piper Sandler reaffirmed a “neutral” rating on shares of NICE in a research note on Thursday, November 14th. Cantor Fitzgerald assumed coverage on shares of NICE in a report on Friday, January 17th. They issued a “neutral” rating and a $176.00 price objective on the stock. StockNews.com raised NICE from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Northland Securities cut their target price on NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday, November 15th. Finally, DA Davidson decreased their target price on NICE from $300.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, NICE currently has an average rating of “Moderate Buy” and an average target price of $253.93.

NICE Stock Down 2.4 %

Shares of NICE stock opened at $161.04 on Friday. The firm has a market cap of $10.12 billion, a PE ratio of 24.93, a P/E/G ratio of 1.16 and a beta of 1.06. NICE Ltd. has a 12 month low of $151.52 and a 12 month high of $270.73. The company’s fifty day simple moving average is $175.26 and its 200-day simple moving average is $174.08.

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.