Eagle Asset Management Inc. Buys 15,347 Shares of NICE Ltd. (NASDAQ:NICE)

Eagle Asset Management Inc. grew its holdings in NICE Ltd. (NASDAQ:NICE - Free Report) by 35.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,620 shares of the technology company's stock after purchasing an additional 15,347 shares during the quarter. Eagle Asset Management Inc. owned about 0.09% of NICE worth $11,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in NICE. B. Riley Wealth Advisors Inc. boosted its holdings in shares of NICE by 4.8% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,408 shares of the technology company's stock worth $367,000 after buying an additional 65 shares in the last quarter. Aurora Investment Counsel boosted its stake in NICE by 0.7% during the second quarter. Aurora Investment Counsel now owns 10,906 shares of the technology company's stock worth $1,876,000 after acquiring an additional 80 shares in the last quarter. Financial Perspectives Inc grew its holdings in NICE by 17.8% in the second quarter. Financial Perspectives Inc now owns 569 shares of the technology company's stock worth $98,000 after purchasing an additional 86 shares during the period. Mendota Financial Group LLC increased its stake in NICE by 11.4% in the third quarter. Mendota Financial Group LLC now owns 841 shares of the technology company's stock valued at $146,000 after purchasing an additional 86 shares in the last quarter. Finally, Legacy Advisors LLC raised its holdings in shares of NICE by 1.3% during the second quarter. Legacy Advisors LLC now owns 6,678 shares of the technology company's stock valued at $1,148,000 after purchasing an additional 88 shares during the period. Institutional investors own 63.34% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Royal Bank of Canada restated an "outperform" rating and issued a $260.00 target price on shares of NICE in a research note on Friday, November 15th. DA Davidson decreased their price objective on NICE from $300.00 to $225.00 and set a "buy" rating for the company in a report on Friday, November 15th. Wedbush reaffirmed an "outperform" rating and set a $250.00 target price on shares of NICE in a research report on Friday, August 16th. Piper Sandler reissued a "neutral" rating on shares of NICE in a research report on Thursday, November 14th. Finally, Oppenheimer downgraded shares of NICE from an "outperform" rating to a "market perform" rating in a report on Friday, November 15th. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, NICE presently has a consensus rating of "Moderate Buy" and an average price target of $260.57.

NICE Stock Up 2.8 %

Shares of NASDAQ NICE opened at $176.16 on Friday. The company has a market capitalization of $11.08 billion, a PE ratio of 27.27, a PEG ratio of 1.38 and a beta of 1.04. The stock's 50 day moving average price is $173.96 and its 200-day moving average price is $176.32. NICE Ltd. has a twelve month low of $151.52 and a twelve month high of $270.73.

About NICE

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.