Bogart Wealth LLC Acquires 1,985 Shares of NICE Ltd. (NASDAQ:NICE)

Bogart Wealth LLC lifted its position in shares of NICE Ltd. (NASDAQ:NICE - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,135 shares of the technology company's stock after purchasing an additional 1,985 shares during the period. Bogart Wealth LLC owned about 0.06% of NICE worth $5,967,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in NICE. Van ECK Associates Corp lifted its stake in NICE by 1.4% in the fourth quarter. Van ECK Associates Corp now owns 22,073 shares of the technology company's stock valued at $3,749,000 after buying an additional 307 shares during the period. Harvey Capital Management Inc. lifted its stake in NICE by 185.6% in the fourth quarter. Harvey Capital Management Inc. now owns 42,836 shares of the technology company's stock valued at $7,275,000 after buying an additional 27,840 shares during the period. Avion Wealth acquired a new position in NICE in the fourth quarter valued at approximately $25,000. WCM Investment Management LLC lifted its stake in NICE by 84.7% in the fourth quarter. WCM Investment Management LLC now owns 9,246 shares of the technology company's stock valued at $1,577,000 after buying an additional 4,239 shares during the period. Finally, Robocap Asset Management Ltd lifted its stake in NICE by 12.6% in the fourth quarter. Robocap Asset Management Ltd now owns 48,856 shares of the technology company's stock valued at $8,298,000 after buying an additional 5,449 shares during the period. 63.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on NICE. Cantor Fitzgerald began coverage on NICE in a research note on Friday, January 17th. They issued a "neutral" rating and a $176.00 price target on the stock. DA Davidson dropped their price target on NICE from $300.00 to $225.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. Piper Sandler reaffirmed a "neutral" rating on shares of NICE in a research report on Thursday, November 14th. Oppenheimer lowered NICE from an "outperform" rating to a "market perform" rating in a research report on Friday, November 15th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $200.00 target price (down from $215.00) on shares of NICE in a research report on Thursday, December 19th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, NICE has a consensus rating of "Moderate Buy" and a consensus target price of $250.27.

NICE Trading Down 0.0 %

NICE stock traded down $0.03 during trading on Tuesday, hitting $176.46. 599,839 shares of the company were exchanged, compared to its average volume of 462,950. The business's 50 day moving average is $171.57 and its 200 day moving average is $173.11. NICE Ltd. has a 52 week low of $151.52 and a 52 week high of $270.73. The company has a market capitalization of $11.09 billion, a P/E ratio of 27.32, a PEG ratio of 1.22 and a beta of 1.06.

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.