Osborne Partners Capital Management LLC Raises Holdings in NICE Ltd. (NASDAQ:NICE)

Osborne Partners Capital Management LLC boosted its holdings in shares of NICE Ltd. (NASDAQ:NICE - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,713 shares of the technology company's stock after purchasing an additional 1,892 shares during the period. Osborne Partners Capital Management LLC owned about 0.11% of NICE worth $11,840,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its holdings in NICE by 208.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company's stock valued at $26,000 after buying an additional 100 shares during the period. ORG Wealth Partners LLC acquired a new position in shares of NICE in the 3rd quarter valued at $38,000. Richardson Financial Services Inc. increased its position in shares of NICE by 43.8% in the 4th quarter. Richardson Financial Services Inc. now owns 220 shares of the technology company's stock valued at $38,000 after buying an additional 67 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of NICE during the 3rd quarter valued at about $41,000. Finally, GAMMA Investing LLC grew its position in shares of NICE by 89.9% in the 3rd quarter. GAMMA Investing LLC now owns 245 shares of the technology company's stock valued at $43,000 after purchasing an additional 116 shares during the period. Institutional investors own 63.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on NICE shares. Oppenheimer downgraded NICE from an "outperform" rating to a "market perform" rating in a research note on Friday, November 15th. Piper Sandler reiterated a "neutral" rating on shares of NICE in a report on Thursday, November 14th. Royal Bank of Canada restated an "outperform" rating and issued a $260.00 price target on shares of NICE in a research note on Friday, November 15th. DA Davidson dropped their price objective on NICE from $300.00 to $225.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. Finally, StockNews.com raised shares of NICE from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, January 21st. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $253.93.

NICE Trading Up 2.1 %

NICE stock traded up $3.56 during trading on Wednesday, reaching $173.00. 320,882 shares of the stock were exchanged, compared to its average volume of 470,948. NICE Ltd. has a twelve month low of $151.52 and a twelve month high of $270.73. The firm's 50 day moving average is $173.79 and its 200 day moving average is $173.50. The firm has a market cap of $10.88 billion, a P/E ratio of 26.73, a price-to-earnings-growth ratio of 1.16 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.