D.A. Davidson & CO. Has $4.51 Million Holdings in NICE Ltd. (NASDAQ:NICE)

D.A. Davidson & CO. lifted its holdings in NICE Ltd. (NASDAQ:NICE - Free Report) by 14.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,948 shares of the technology company's stock after purchasing an additional 3,355 shares during the quarter. D.A. Davidson & CO.'s holdings in NICE were worth $4,506,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Swedbank AB increased its position in shares of NICE by 201.7% during the 3rd quarter. Swedbank AB now owns 140,900 shares of the technology company's stock worth $24,470,000 after purchasing an additional 94,200 shares during the last quarter. Cerity Partners LLC grew its stake in shares of NICE by 22.6% in the third quarter. Cerity Partners LLC now owns 5,319 shares of the technology company's stock valued at $924,000 after buying an additional 980 shares in the last quarter. Eagle Asset Management Inc. increased its holdings in NICE by 35.5% during the third quarter. Eagle Asset Management Inc. now owns 58,620 shares of the technology company's stock worth $11,137,000 after buying an additional 15,347 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in NICE by 34.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,023 shares of the technology company's stock worth $699,000 after acquiring an additional 1,034 shares in the last quarter. Finally, Primecap Management Co. CA lifted its stake in NICE by 12.5% in the third quarter. Primecap Management Co. CA now owns 2,250 shares of the technology company's stock valued at $391,000 after acquiring an additional 250 shares during the last quarter. Institutional investors and hedge funds own 63.34% of the company's stock.

NICE Stock Performance

NASDAQ:NICE traded up $2.60 during mid-day trading on Friday, reaching $182.44. 150,830 shares of the company's stock were exchanged, compared to its average volume of 521,992. The firm has a market capitalization of $11.47 billion, a PE ratio of 28.24, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. NICE Ltd. has a one year low of $151.52 and a one year high of $270.73. The business's fifty day simple moving average is $175.41 and its two-hundred day simple moving average is $175.48.

Analyst Ratings Changes

Several research firms have recently weighed in on NICE. Piper Sandler restated a "neutral" rating on shares of NICE in a research note on Thursday, November 14th. Royal Bank of Canada reissued an "outperform" rating and set a $260.00 price target on shares of NICE in a research report on Friday, November 15th. Jefferies Financial Group reduced their target price on NICE from $230.00 to $215.00 and set a "buy" rating for the company in a research note on Friday, November 15th. DA Davidson decreased their target price on NICE from $300.00 to $225.00 and set a "buy" rating on the stock in a report on Friday, November 15th. Finally, Citigroup raised their price target on NICE from $330.00 to $334.00 and gave the company a "buy" rating in a report on Wednesday, November 13th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $260.57.

NICE Company 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.