Commonwealth Equity Services LLC Has $5.88 Million Stock Holdings in NiCE $NICE

Commonwealth Equity Services LLC lifted its holdings in shares of NiCE (NASDAQ:NICE) by 286.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 40,614 shares of the technology company’s stock after acquiring an additional 30,106 shares during the period. Commonwealth Equity Services LLC owned approximately 0.06% of NiCE worth $5,880,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Dorsey & Whitney Trust CO LLC raised its position in NiCE by 6.7% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,492 shares of the technology company’s stock worth $252,000 after purchasing an additional 94 shares in the last quarter. Richardson Financial Services Inc. grew its stake 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 purchasing an additional 99 shares during the period. Legacy Wealth Asset Management LLC raised its holdings in shares of NiCE by 3.8% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 2,728 shares of the technology company’s stock worth $461,000 after buying an additional 101 shares in the last quarter. BTC Capital Management Inc. lifted its position in shares of NiCE by 1.5% during the 2nd quarter. BTC Capital Management Inc. now owns 8,539 shares of the technology company’s stock worth $1,442,000 after buying an additional 123 shares during the period. Finally, ProShare Advisors LLC boosted its stake in NiCE by 8.2% in the 2nd quarter. ProShare Advisors LLC now owns 1,831 shares of the technology company’s stock valued at $309,000 after buying an additional 138 shares in the last quarter. Institutional investors own 63.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on NICE shares. Wall Street Zen upgraded NiCE from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Citigroup upped their target price on shares of NiCE from $209.00 to $211.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Wedbush cut shares of NiCE from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $170.00 to $120.00 in a research report on Monday, December 8th. Cantor Fitzgerald reduced their price target on shares of NiCE from $154.00 to $133.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 18th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $175.00 price objective on shares of NiCE in a report on Tuesday, December 23rd. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $159.77.

NiCE Trading Down 0.9%

Shares of NASDAQ NICE opened at $115.05 on Thursday. NiCE has a 1-year low of $99.00 and a 1-year high of $180.61. The company has a 50-day moving average of $112.44 and a two-hundred day moving average of $134.18. The company has a market cap of $7.28 billion, a PE ratio of 13.07, a P/E/G ratio of 1.72 and a beta of 0.97.

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.