8,835 Shares in NiCE $NICE Acquired by Virtus Advisers LLC

Virtus Advisers LLC acquired a new position in NiCE (NASDAQ:NICE) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,835 shares of the technology company’s stock, valued at approximately $983,000.

Several other institutional investors also recently modified their holdings of the company. Phoenix Financial Ltd. raised its stake in shares of NiCE by 21.7% in the third quarter. Phoenix Financial Ltd. now owns 825,629 shares of the technology company’s stock valued at $90,630,000 after purchasing an additional 147,169 shares in the last quarter. Moors & Cabot Inc. acquired a new stake in NiCE during the third quarter worth $239,000. Russell Investments Group Ltd. boosted its stake in NiCE by 49.0% during the third quarter. Russell Investments Group Ltd. now owns 32,835 shares of the technology company’s stock worth $3,654,000 after buying an additional 10,801 shares in the last quarter. Paradigm Asset Management Co. LLC acquired a new stake in NiCE during the third quarter worth $1,780,000. Finally, First Command Advisory Services Inc. increased its holdings in NiCE by 78,250.0% in the 3rd quarter. First Command Advisory Services Inc. now owns 1,567 shares of the technology company’s stock valued at $174,000 after buying an additional 1,565 shares during the period. Institutional investors and hedge funds own 63.34% of the company’s stock.

Key NiCE News

Investors following NICE have been watching these news items:

• Positive Sentiment: NiCE introduced a next-generation version of Cognigy designed to help enterprises deploy and orchestrate AI agents. The launch could strengthen its AI offering and create growth opportunities, though financial impact will depend on adoption. Article: NiCE launches next-generation Cognigy
• Positive Sentiment: Northland Securities modestly raised its FY2027 EPS forecast to $9.44 from $9.40 and increased estimates for Q2 and Q3 2027, suggesting some improvement in its longer-term outlook. MarketBeat report
• Negative Sentiment: Northland cut its FY2026 EPS estimate to $8.47 from $8.61, lowering estimates for Q4 2026 and Q1 2027 as well. These revisions indicate near-term earnings expectations have softened. MarketBeat report

NiCE Stock Up 2.0%

NASDAQ:NICE traded up $1.92 on Friday, reaching $96.04. The stock had a trading volume of 348,757 shares, compared to its average volume of 658,495. NiCE has a 1-year low of $83.10 and a 1-year high of $136.52. The company has a market capitalization of $5.61 billion, a P/E ratio of 15.54, a price-to-earnings-growth ratio of 1.03 and a beta of 0.77. The stock has a fifty day moving average price of $109.42 and a 200-day moving average price of $104.33.

NiCE (NASDAQ:NICE) last issued its earnings results on Wednesday, November 4th. The technology company reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.06. NiCE had a net margin of 12.01% and a return on equity of 14.34%. The company had revenue of $790.70 million for the quarter, compared to analyst estimates of $785.75 million. During the same quarter last year, the firm earned $3.18 EPS. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Sell-side analysts predict that NiCE will post 8.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NICE has been the subject of a number of recent research reports. Weiss Ratings upgraded shares of NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Citigroup reiterated a “market outperform” rating on shares of NiCE in a research report on Thursday, November 5th. DA Davidson upped their target price on shares of NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Citizens Jmp lowered their target price on shares of NiCE from $170.00 to $158.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 5th. Finally, Yorkville Ives initiated coverage on shares of NiCE in a research report on Monday, October 5th. They issued an “in-line” rating and a $125.00 price target for the company. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, NiCE presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.79.

About NiCE

NiCE Ltd. (NASDAQ: NICE), formerly known as NICE Systems, is a software company founded in Israel in 1986. It develops cloud-based and artificial intelligence-powered tools for businesses and public-sector organizations. Its products help organizations manage customer service across phone, chat and other digital channels, analyze customer interactions, and support contact-center operations. The company’s offerings include NICE CXone for customer experience and contact-center management, as well as NICE Actimize, which provides financial crime, risk and compliance software.