NiCE $NICE Shares Acquired by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership increased its position in NiCE (NASDAQ:NICE) by 22.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,256,752 shares of the technology company’s stock after buying an additional 227,631 shares during the period. Artisan Partners Limited Partnership’s holdings in NiCE were worth $142,063,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. PB Investment Partners L.P. purchased a new stake in NiCE in the fourth quarter valued at approximately $3,492,000. Mariner LLC grew its stake in NiCE by 133.3% during the fourth quarter. Mariner LLC now owns 19,860 shares of the technology company’s stock worth $2,245,000 after buying an additional 11,349 shares during the period. Barclays PLC grew its stake in NiCE by 917.6% during the fourth quarter. Barclays PLC now owns 18,418 shares of the technology company’s stock worth $2,082,000 after buying an additional 16,608 shares during the period. Kestra Advisory Services LLC purchased a new stake in NiCE during the fourth quarter worth approximately $98,000. Finally, FORA Capital LLC grew its stake in NiCE by 129.8% during the fourth quarter. FORA Capital LLC now owns 7,552 shares of the technology company’s stock worth $854,000 after buying an additional 4,266 shares during the period. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

NiCE Price Performance

NICE opened at $87.23 on Wednesday. The stock has a market capitalization of $5.10 billion, a PE ratio of 10.35, a P/E/G ratio of 0.90 and a beta of 0.78. The firm’s fifty day moving average price is $97.17 and its 200 day moving average price is $107.13. NiCE has a 12-month low of $84.38 and a 12-month high of $175.00.

NiCE (NASDAQ:NICE) last posted its quarterly 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. The firm had revenue of $768.62 million for the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.87 earnings per share. 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, equities research analysts forecast that NiCE will post 9.08 earnings per share for the current fiscal year.

NiCE announced that its Board of Directors has authorized a share buyback program on Thursday, February 19th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the technology company to repurchase up to 9.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

NICE has been the subject of several research reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Cantor Fitzgerald reiterated a “neutral” rating and set a $104.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Rosenblatt Securities reiterated a “buy” rating and set a $155.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Piper Sandler reiterated a “neutral” rating and set a $124.00 price objective on shares of NiCE in a research note on Monday, February 23rd. Finally, Citizens Jmp decreased their price objective on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research note on Thursday, May 7th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, NiCE has a consensus rating of “Hold” and a consensus target price of $132.83.

About NiCE

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.