Brant Point Investment Management LLC Decreases Stake in NiCE $NICE

Brant Point Investment Management LLC lowered its position in NiCE (NASDAQ:NICE) by 61.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,000 shares of the technology company’s stock after selling 7,958 shares during the quarter. Brant Point Investment Management LLC’s holdings in NiCE were worth $565,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. boosted its stake in NiCE by 0.9% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock worth $186,142,000 after purchasing an additional 15,000 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of NiCE by 127.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,796 shares of the technology company’s stock valued at $2,916,000 after acquiring an additional 14,430 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of NiCE by 25.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 120,457 shares of the technology company’s stock valued at $17,440,000 after acquiring an additional 24,070 shares during the last quarter. US Bancorp DE boosted its position in shares of NiCE by 35.3% during the 3rd quarter. US Bancorp DE now owns 36,514 shares of the technology company’s stock valued at $5,286,000 after acquiring an additional 9,519 shares during the last quarter. Finally, Kopion Asset Management LLC boosted its position in shares of NiCE by 29.3% during the 4th quarter. Kopion Asset Management LLC now owns 106,432 shares of the technology company’s stock valued at $12,031,000 after acquiring an additional 24,119 shares during the last quarter. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Stock Performance

NICE opened at $88.71 on Friday. NiCE has a 52-week low of $84.38 and a 52-week high of $175.00. The stock has a market capitalization of $5.18 billion, a PE ratio of 10.52, a price-to-earnings-growth ratio of 0.92 and a beta of 0.78. The stock’s 50 day moving average price is $98.22 and its 200-day moving average price is $107.36.

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

NiCE announced that its board has authorized a stock buyback plan on Thursday, February 19th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the technology company to purchase up to 9.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NICE. Morgan Stanley dropped their price target on NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Citizens Jmp dropped their target price on NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research report on Thursday, May 7th. Zacks Research upgraded NiCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a research report on Friday, March 27th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $104.00 target price on shares of NiCE in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $132.83.

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.