World Investment Advisors LLC Makes New $24.55 Million Investment in NICE Ltd. (NASDAQ:NICE)

World Investment Advisors LLC purchased a new position in NICE Ltd. (NASDAQ:NICE - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 141,345 shares of the technology company's stock, valued at approximately $24,547,000. NICE comprises approximately 0.6% of World Investment Advisors LLC's holdings, making the stock its 28th largest position. World Investment Advisors LLC owned 0.22% of NICE at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV boosted its position in shares of NICE by 208.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company's stock worth $26,000 after acquiring an additional 100 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of NICE by 135.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company's stock valued at $32,000 after purchasing an additional 107 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of NICE during the 3rd quarter valued at $38,000. GAMMA Investing LLC increased its holdings in shares of NICE by 89.9% during the 3rd quarter. GAMMA Investing LLC now owns 245 shares of the technology company's stock worth $43,000 after buying an additional 116 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new stake in shares of NICE during the 2nd quarter worth $72,000. Institutional investors and hedge funds own 63.34% of the company's stock.

Analyst Upgrades and Downgrades

NICE has been the subject of a number of research reports. Citigroup boosted their price target on NICE from $330.00 to $334.00 and gave the company a "buy" rating in a research report on Wednesday, November 13th. Jefferies Financial Group decreased their target price on NICE from $230.00 to $215.00 and set a "buy" rating for the company in a report on Friday, November 15th. Northland Securities cut their price target on shares of NICE from $275.00 to $250.00 and set an "outperform" rating on the stock in a report on Friday, November 15th. Wedbush reiterated an "outperform" rating and set a $250.00 price objective on shares of NICE in a research note on Friday, August 16th. Finally, JMP Securities reissued a "market outperform" rating and issued a $300.00 target price on shares of NICE in a research note on Friday, August 16th. Two research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $260.57.

NICE Stock Up 5.0 %

Shares of NICE traded up $9.11 during trading on Thursday, reaching $192.33. The company's stock had a trading volume of 550,375 shares, compared to its average volume of 516,717. NICE Ltd. has a twelve month low of $151.52 and a twelve month high of $270.73. The company has a market cap of $12.09 billion, a price-to-earnings ratio of 28.36, a P/E/G ratio of 1.48 and a beta of 1.05. The company has a fifty day moving average of $178.58 and a two-hundred day moving average of $174.12.

About NICE

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.