Osaic Holdings Inc. Has $5.78 Million Position in NiCE $NICE

Osaic Holdings Inc. boosted its stake in shares of NiCE (NASDAQ:NICE) by 65.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,474 shares of the technology company’s stock after purchasing an additional 14,041 shares during the quarter. Osaic Holdings Inc. owned about 0.06% of NiCE worth $5,778,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of NiCE by 3.7% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,831,690 shares of the technology company’s stock worth $309,389,000 after buying an additional 65,420 shares during the last quarter. Lazard Asset Management LLC raised its holdings in NiCE by 116.1% in the 2nd quarter. Lazard Asset Management LLC now owns 1,226,920 shares of the technology company’s stock worth $207,238,000 after acquiring an additional 659,170 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in NiCE by 218.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 908,014 shares of the technology company’s stock worth $139,989,000 after acquiring an additional 623,014 shares during the last quarter. RGM Capital LLC lifted its position in NiCE by 8.6% during the 1st quarter. RGM Capital LLC now owns 826,660 shares of the technology company’s stock worth $127,446,000 after acquiring an additional 65,538 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in NiCE by 6.6% during the second quarter. Alliancebernstein L.P. now owns 819,140 shares of the technology company’s stock valued at $138,361,000 after acquiring an additional 50,403 shares during the period. Institutional investors own 63.34% of the company’s stock.

NiCE Trading Up 1.6%

Shares of NASDAQ NICE opened at $110.72 on Tuesday. The firm has a market capitalization of $7.00 billion, a price-to-earnings ratio of 12.58, a PEG ratio of 1.49 and a beta of 1.01. NiCE has a one year low of $99.00 and a one year high of $180.61. The business has a fifty day simple moving average of $118.59 and a 200 day simple moving average of $140.40.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Jefferies Financial Group dropped their price objective on NiCE from $152.00 to $136.00 and set a “hold” rating on the stock in a research note on Tuesday, November 18th. Wedbush downgraded NiCE from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $170.00 to $120.00 in a research report on Monday, December 8th. Citizens Jmp reduced their price objective on NiCE from $300.00 to $200.00 and set a “market outperform” rating for the company in a research report on Friday, November 14th. Morgan Stanley lowered their price objective on shares of NiCE from $193.00 to $160.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 18th. Finally, Cantor Fitzgerald cut their target price on shares of NiCE from $154.00 to $133.00 and set a “neutral” rating for the company in a research note on Tuesday, November 18th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $164.38.

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.