NICE Ltd. (NASDAQ:NICE) Stock Holdings Increased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its holdings in NICE Ltd. (NASDAQ:NICE - Free Report) by 13.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,214 shares of the technology company's stock after purchasing an additional 5,629 shares during the period. Asset Management One Co. Ltd. owned about 0.08% of NICE worth $8,200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Csenge Advisory Group grew its position in shares of NICE by 119.3% during the first quarter. Csenge Advisory Group now owns 2,252 shares of the technology company's stock worth $587,000 after buying an additional 1,225 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of NICE by 10.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,538 shares of the technology company's stock worth $922,000 after purchasing an additional 344 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of NICE by 127.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 4,331 shares of the technology company's stock valued at $1,129,000 after purchasing an additional 2,423 shares in the last quarter. Choate Investment Advisors bought a new position in shares of NICE during the first quarter worth about $224,000. Finally, Headlands Technologies LLC grew its stake in NICE by 134.4% in the first quarter. Headlands Technologies LLC now owns 1,071 shares of the technology company's stock worth $279,000 after purchasing an additional 614 shares in the last quarter. Hedge funds and other institutional investors own 63.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on NICE. Wedbush reaffirmed an "outperform" rating and set a $250.00 target price on shares of NICE in a report on Friday, August 16th. Royal Bank of Canada reiterated an "outperform" rating and set a $260.00 target price on shares of NICE in a research note on Thursday, October 3rd. JMP Securities restated a "market outperform" rating and issued a $300.00 price target on shares of NICE in a research report on Friday, August 16th. Barclays decreased their price target on shares of NICE from $320.00 to $286.00 and set an "overweight" rating for the company in a report on Thursday, July 25th. Finally, Northland Securities cut their target price on shares of NICE from $305.00 to $275.00 and set an "outperform" rating on the stock in a report on Friday, August 16th. Sixteen analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $269.64.

NICE Stock Performance

Shares of NASDAQ NICE traded up $4.68 during midday trading on Friday, reaching $189.99. 889,817 shares of the company traded hands, compared to its average volume of 505,318. The company has a market cap of $11.94 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 1.37 and a beta of 1.04. The stock has a 50-day moving average price of $170.37 and a 200 day moving average price of $179.95. NICE Ltd. has a 52 week low of $151.52 and a 52 week high of $270.73. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.45 and a quick ratio of 2.45.

NICE (NASDAQ:NICE - Get Free Report) last issued its quarterly earnings results on Thursday, August 15th. The technology company reported $2.64 earnings per share for the quarter, topping analysts' consensus estimates of $2.58 by $0.06. NICE had a net margin of 15.55% and a return on equity of 14.68%. The company had revenue of $664.40 million during the quarter, compared to analyst estimates of $664.10 million. During the same period in the prior year, the business posted $1.63 EPS. The business's revenue for the quarter was up 14.3% compared to the same quarter last year. Sell-side analysts anticipate that NICE Ltd. will post 8.5 earnings per share for the current fiscal year.

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 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.