NiCE $NICE is RPD Fund Management LLC’s 3rd Largest Position

RPD Fund Management LLC lessened its position in shares of NiCE (NASDAQ:NICE) by 24.0% during the first quarter, HoldingsChannel.com reports. The fund owned 673,037 shares of the technology company’s stock after selling 212,968 shares during the period. NiCE makes up approximately 24.3% of RPD Fund Management LLC’s holdings, making the stock its 3rd largest holding. RPD Fund Management LLC’s holdings in NiCE were worth $74,209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Steward Partners Investment Advisory LLC boosted its holdings in NiCE by 14.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock valued at $96,000 after purchasing an additional 106 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of NiCE by 1.3% in the third quarter. Qube Research & Technologies Ltd now owns 11,276 shares of the technology company’s stock worth $1,633,000 after purchasing an additional 142 shares during the period. Saturna Capital Corp raised its position in shares of NiCE by 0.8% in the fourth quarter. Saturna Capital Corp now owns 18,892 shares of the technology company’s stock worth $2,136,000 after buying an additional 150 shares in the last quarter. Frank Rimerman Advisors LLC raised its position in shares of NiCE by 7.8% in the first quarter. Frank Rimerman Advisors LLC now owns 2,603 shares of the technology company’s stock worth $287,000 after buying an additional 189 shares in the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in NiCE during the second quarter valued at $40,000. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on NICE. Citigroup restated a “market outperform” rating on shares of NiCE in a research report on Thursday, June 11th. Wedbush lowered their price target on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, June 10th. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price target on shares of NiCE in a research report on Wednesday, June 10th. Rosenblatt Securities reissued a “buy” rating and set a $155.00 price objective on shares of NiCE in a report on Wednesday, June 10th. Finally, Morgan Stanley decreased their price objective on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NiCE presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.17.

NiCE Stock Performance

Shares of NASDAQ:NICE opened at $90.26 on Monday. NiCE has a 52-week low of $83.10 and a 52-week high of $175.00. The firm has a fifty day moving average of $93.04 and a 200 day moving average of $104.01. The firm has a market capitalization of $5.27 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 0.93 and a beta of 0.77.

NiCE (NASDAQ:NICE) last released its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, beating analysts’ consensus estimates of $2.52 by $0.12. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The business had revenue of $768.62 million for the quarter, compared to the consensus estimate of $760.94 million. During the same quarter last year, the business posted $2.87 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. On average, sell-side analysts forecast that NiCE will post 9.08 EPS for the current fiscal year.

NiCE Profile

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.