37,073 Shares in NICE Ltd. (NASDAQ:NICE) Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new position in shares of NICE Ltd. (NASDAQ:NICE - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 37,073 shares of the technology company's stock, valued at approximately $6,438,000. Public Employees Retirement System of Ohio owned 0.06% of NICE at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in NICE. Creative Financial Designs Inc. ADV grew its position in shares of NICE by 208.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company's stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in NICE by 135.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company's stock worth $32,000 after buying an additional 107 shares in the last quarter. ORG Wealth Partners LLC bought a new position in NICE during the 3rd quarter worth $38,000. GAMMA Investing LLC raised its holdings in 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 acquiring an additional 116 shares in the last quarter. Finally, Rothschild Investment LLC bought a new stake in shares of NICE during the 2nd quarter valued at $72,000. 63.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. DA Davidson decreased their price target on NICE from $300.00 to $225.00 and set a "buy" rating on the stock in a research report on Friday, November 15th. JMP Securities reiterated a "market outperform" rating and set a $300.00 price objective on shares of NICE in a research note on Friday, August 16th. StockNews.com upgraded shares of NICE from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. Oppenheimer lowered shares of NICE from an "outperform" rating to a "market perform" rating in a research report on Friday, November 15th. Finally, Piper Sandler restated a "neutral" rating on shares of NICE in a research report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, NICE currently has a consensus rating of "Moderate Buy" and a consensus target price of $260.57.

NICE Trading Down 2.9 %

NICE traded down $5.66 on Friday, reaching $186.67. The stock had a trading volume of 362,199 shares, compared to its average volume of 516,135. The company has a market capitalization of $11.74 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.43 and a beta of 1.05. NICE Ltd. has a fifty-two week low of $151.52 and a fifty-two week high of $270.73. The firm has a 50-day moving average of $179.40 and a 200-day moving average of $174.11.

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.