GHP Investment Advisors Inc. Boosts Stock Position in NiCE $NICE

GHP Investment Advisors Inc. boosted its stake in NiCE (NASDAQ:NICE) by 126.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,448 shares of the technology company’s stock after acquiring an additional 9,755 shares during the period. GHP Investment Advisors Inc.’s holdings in NiCE were worth $1,924,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in NICE. AQR Capital Management LLC bought a new stake in shares of NiCE in the 1st quarter worth about $226,000. Goldman Sachs Group Inc. lifted its position in shares of NiCE by 81.7% during the first quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock worth $35,430,000 after purchasing an additional 103,342 shares during the last quarter. Empowered Funds LLC acquired a new position in NiCE in the first quarter worth about $892,000. Woodline Partners LP increased its holdings in NiCE by 18.7% in the first quarter. Woodline Partners LP now owns 20,140 shares of the technology company’s stock valued at $3,105,000 after buying an additional 3,178 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in NiCE in the second quarter valued at about $65,000. 63.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Morgan Stanley reduced their target price on NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Rosenblatt Securities reissued a “buy” rating and set a $155.00 price target on shares of NiCE in a research report on Wednesday, June 10th. Citizens Jmp reduced their price objective on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a research note on Thursday, May 7th. Wedbush decreased their price objective on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $131.17.

NiCE Price Performance

Shares of NASDAQ NICE opened at $91.99 on Friday. The firm has a market capitalization of $5.38 billion, a PE ratio of 10.91, a P/E/G ratio of 0.91 and a beta of 0.78. The business’s fifty day moving average price is $94.15 and its two-hundred day moving average price is $105.99. NiCE has a 1-year low of $83.10 and a 1-year high of $175.00.

NiCE (NASDAQ:NICE) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, beating the consensus estimate of $2.52 by $0.12. The company had revenue of $768.62 million for the quarter, compared to analyst estimates of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. NiCE’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the business earned $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. Equities research analysts expect that NiCE will post 9.08 earnings per share for the current fiscal year.

NiCE Company 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.