Callan Family Office LLC Buys Shares of 5,309 NiCE $NICE

Callan Family Office LLC purchased a new position in shares of NiCE (NASDAQ:NICE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,309 shares of the technology company’s stock, valued at approximately $769,000.

A number of other hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp increased its position in NiCE by 22.5% during the third quarter. Jones Financial Companies Lllp now owns 6,719 shares of the technology company’s stock worth $979,000 after purchasing an additional 1,233 shares during the last quarter. State of Wyoming grew its stake in shares of NiCE by 19.4% in the 3rd quarter. State of Wyoming now owns 6,889 shares of the technology company’s stock valued at $997,000 after buying an additional 1,119 shares during the period. Mediolanum International Funds Ltd increased its holdings in shares of NiCE by 101.7% during the 3rd quarter. Mediolanum International Funds Ltd now owns 44,940 shares of the technology company’s stock worth $6,578,000 after buying an additional 22,664 shares during the last quarter. UMB Bank n.a. raised its position in shares of NiCE by 66.0% during the 3rd quarter. UMB Bank n.a. now owns 478 shares of the technology company’s stock valued at $69,000 after buying an additional 190 shares during the period. Finally, Keybank National Association OH acquired a new position in NiCE in the third quarter valued at approximately $644,000. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Price Performance

Shares of NASDAQ:NICE opened at $110.48 on Friday. The firm has a market capitalization of $6.99 billion, a PE ratio of 12.55, a price-to-earnings-growth ratio of 1.66 and a beta of 0.96. NiCE has a 1 year low of $99.00 and a 1 year high of $180.61. The firm’s 50-day moving average is $111.30 and its two-hundred day moving average is $128.73.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Citizens Jmp cut their target price on NiCE from $300.00 to $200.00 and set a “market outperform” rating for the company in a research note on Friday, November 14th. Wall Street Zen upgraded shares of NiCE from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Mizuho decreased their target price on shares of NiCE from $185.00 to $150.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 18th. JMP Securities set a $200.00 price target on shares of NiCE in a research report on Friday, November 14th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research note on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $159.77.

NiCE 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.