NiCE $NICE Shares Sold by Bfsg LLC

Bfsg LLC decreased its holdings in shares of NiCE (NASDAQ:NICE) by 81.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,084 shares of the technology company’s stock after selling 9,013 shares during the period. Bfsg LLC’s holdings in NiCE were worth $236,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new stake in shares of NiCE during the second quarter worth about $40,000. Richardson Financial Services Inc. boosted its stake in shares of NiCE by 65.3% during the third quarter. Richardson Financial Services Inc. now owns 329 shares of the technology company’s stock worth $48,000 after buying an additional 130 shares during the period. Legal & General Group Plc acquired a new stake in shares of NiCE during the second quarter worth about $65,000. UMB Bank n.a. boosted its stake in shares of NiCE by 66.0% during the third quarter. UMB Bank n.a. now owns 478 shares of the technology company’s stock worth $69,000 after buying an additional 190 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in NiCE during the third quarter worth about $74,000. Institutional investors and hedge funds own 63.34% of the company’s stock.

NiCE Trading Down 7.1%

Shares of NiCE stock opened at $97.00 on Friday. NiCE has a 12-month low of $94.65 and a 12-month high of $180.61. The stock has a market cap of $5.86 billion, a PE ratio of 10.03, a price-to-earnings-growth ratio of 1.21 and a beta of 0.97. The company has a 50-day moving average of $113.21 and a two-hundred day moving average of $118.06.

NiCE (NASDAQ:NICE) last issued its earnings results on Thursday, February 19th. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.01. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The company had revenue of $786.50 million during the quarter, compared to analysts’ expectations of $779.95 million. During the same period last year, the company posted $3.02 earnings per share. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. On average, sell-side analysts forecast that NiCE will post 9.85 EPS for the current fiscal year.

NiCE declared that its Board of Directors has initiated a share buyback plan on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 9.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Rosenblatt Securities reissued a “buy” rating and set a $155.00 price target on shares of NiCE in a report on Friday, February 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a report on Friday, March 27th. Jefferies Financial Group reissued a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Piper Sandler reissued a “neutral” rating and set a $124.00 price target on shares of NiCE in a report on Monday, February 23rd. Finally, Zacks Research raised shares of NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, NiCE currently has a consensus rating of “Hold” and a consensus price target of $144.17.

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.