World Investment Advisors LLC Purchases New Position in NICE Ltd. (NASDAQ:NICE)

World Investment Advisors LLC bought a new position in shares of NICE Ltd. (NASDAQ:NICE - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 141,345 shares of the technology company's stock, valued at approximately $24,547,000. World Investment Advisors LLC owned approximately 0.22% of NICE as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NICE. Creative Financial Designs Inc. ADV grew its position 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 acquiring an additional 100 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of NICE by 135.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company's stock valued at $32,000 after buying an additional 107 shares during the last quarter. ORG Wealth Partners LLC purchased a new position in shares of NICE during the 3rd quarter valued at approximately $38,000. GAMMA Investing LLC boosted its stake in shares of NICE by 89.9% during the 3rd quarter. GAMMA Investing LLC now owns 245 shares of the technology company's stock valued at $43,000 after buying an additional 116 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in shares of NICE during the 2nd quarter valued at approximately $72,000. Institutional investors and hedge funds own 63.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NICE shares. Jefferies Financial Group reduced their price objective on NICE from $230.00 to $215.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. DA Davidson reduced 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. Oppenheimer cut NICE from an "outperform" rating to a "market perform" rating in a research note on Friday, November 15th. Rosenblatt Securities reiterated a "buy" rating and issued a $225.00 target price on shares of NICE in a research note on Tuesday, August 13th. Finally, Wedbush reiterated an "outperform" rating and issued a $250.00 target price on shares of NICE in a research note on Friday, August 16th. Two investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, NICE currently has a consensus rating of "Moderate Buy" and an average price target of $260.57.

NICE Trading Down 0.4 %

NASDAQ:NICE traded down $0.84 during mid-day trading on Friday, reaching $189.81. 273,524 shares of the stock were exchanged, compared to its average volume of 673,429. The firm has a market capitalization of $11.93 billion, a PE ratio of 29.38, a PEG ratio of 1.50 and a beta of 1.05. NICE Ltd. has a 1-year low of $151.52 and a 1-year high of $270.73. The business has a fifty day moving average price of $177.65 and a 200 day moving average price of $174.30.

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.