NiCE $NICE Shares Sold by Balefire LLC

Balefire LLC lessened its holdings in NiCE (NASDAQ:NICE) by 46.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,562 shares of the technology company’s stock after selling 7,503 shares during the period. Balefire LLC’s holdings in NiCE were worth $1,240,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NICE. Dorsey & Whitney Trust CO LLC raised its position in NiCE by 6.7% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 1,492 shares of the technology company’s stock valued at $252,000 after purchasing an additional 94 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in shares of NiCE by 99.0% in the 2nd quarter. Richardson Financial Services Inc. now owns 199 shares of the technology company’s stock valued at $33,000 after acquiring an additional 99 shares during the period. Investors Research Corp boosted its stake in shares of NiCE by 4.2% during the second quarter. Investors Research Corp now owns 2,486 shares of the technology company’s stock worth $420,000 after buying an additional 100 shares during the period. Legacy Wealth Asset Management LLC increased its holdings in shares of NiCE by 3.8% in the second quarter. Legacy Wealth Asset Management LLC now owns 2,728 shares of the technology company’s stock valued at $461,000 after purchasing an additional 101 shares during the period. Finally, BTC Capital Management Inc. lifted its stake in shares of NiCE by 1.5% in the 2nd quarter. BTC Capital Management Inc. now owns 8,539 shares of the technology company’s stock worth $1,442,000 after acquiring an additional 123 shares during the period. Institutional investors and hedge funds own 63.34% of the company’s stock.

Analyst Ratings Changes

NICE has been the subject of several recent analyst reports. Barclays reduced their price target on NiCE from $200.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, November 19th. DA Davidson decreased their target price on shares of NiCE from $150.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 18th. Wall Street Zen upgraded shares of NiCE from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Rosenblatt Securities decreased their price objective on shares of NiCE from $190.00 to $175.00 and set a “buy” rating on the stock in a report on Tuesday, November 18th. Finally, Wedbush cut shares of NiCE from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $170.00 to $120.00 in a report on Monday, December 8th. Eight research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $164.38.

NiCE Stock Up 1.8%

Shares of NASDAQ:NICE opened at $108.63 on Thursday. The company has a market capitalization of $6.87 billion, a P/E ratio of 12.34, a P/E/G ratio of 1.46 and a beta of 1.01. NiCE has a 52-week low of $99.00 and a 52-week high of $191.66. The stock’s fifty day simple moving average is $120.09 and its 200-day simple moving average is $141.94.

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 enables 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.