NiCE $NICE Shares Bought by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP increased its NiCE stake by 292.1% in the second quarter, owning 38,353 shares valued at approximately $3.48 million. Institutional investors and hedge funds collectively own 63.34% of the company.
• Analyst sentiment remains mixed, with seven Buy ratings, six Holds, and one Sell; the overall consensus is Hold with a $129.50 price target.
• NiCE reported quarterly EPS of $2.70, exceeding estimates of $2.63, while revenue rose 7.7% year over year to $782.29 million. Shares opened at $98.18, near the middle of their $83.10–$153.68 12-month range.

Engineers Gate Manager LP lifted its holdings in NiCE (NASDAQ:NICE - Free Report) by 292.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 38,353 shares of the technology company's stock after buying an additional 28,571 shares during the quarter. Engineers Gate Manager LP owned approximately 0.07% of NiCE worth $3,484,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of NICE. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new stake in shares of NiCE during the 2nd quarter valued at about $5,822,000. Allworth Financial LP boosted its stake in NiCE by 24.6% in the second quarter. Allworth Financial LP now owns 871 shares of the technology company's stock valued at $79,000 after acquiring an additional 172 shares during the period. Plan A Wealth LLC grew its holdings in shares of NiCE by 14.2% during the second quarter. Plan A Wealth LLC now owns 2,299 shares of the technology company's stock valued at $209,000 after purchasing an additional 286 shares during the last quarter. American Capital Management Inc. acquired a new stake in shares of NiCE during the 2nd quarter worth approximately $12,414,000. Finally, Chemistry Wealth Management LLC lifted its holdings in shares of NiCE by 20.3% in the 2nd quarter. Chemistry Wealth Management LLC now owns 7,900 shares of the technology company's stock worth $718,000 after purchasing an additional 1,332 shares during the last quarter. 63.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NICE. Weiss Ratings restated a "sell (d+)" rating on shares of NiCE in a research note on Wednesday, June 24th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $104.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Citigroup reiterated a "neutral" rating on shares of NiCE in a research note on Thursday, August 6th. Wedbush reduced their price target 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, DA Davidson upped their price target on shares of NiCE from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Seven equities 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's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $129.50.

NiCE Price Performance

Shares of NICE stock opened at $98.18 on Monday. NiCE has a 12-month low of $83.10 and a 12-month high of $153.68. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 1.06 and a beta of 0.75. The business has a 50 day simple moving average of $100.49 and a 200 day simple moving average of $101.62.

NiCE (NASDAQ:NICE - Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.07. NiCE had a return on equity of 15.46% and a net margin of 13.86%.The firm had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. During the same quarter in the previous year, the business earned $3.01 EPS. The firm's revenue for the quarter was up 7.7% on a year-over-year basis. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. On average, equities analysts anticipate that NiCE will post 8.66 EPS for the current fiscal year.

Insider Buying and Selling at NiCE

In related news, VP Udi Dayan sold 500 shares of NiCE stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the sale, the vice president directly owned 500 shares in the company, valued at $50,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.02% of the stock is currently owned by corporate insiders.

NiCE Company Profile

NICE Ltd. NASDAQ: NICE is a technology company that develops cloud-based software and artificial intelligence solutions for customer experience, contact centers and enterprise operations. Its platforms help organizations manage customer interactions across voice, digital and other channels, while providing analytics, workflow automation and workforce engagement tools.

The company's portfolio includes NICE CXone, a cloud platform for contact center operations, and Enlighten, an artificial intelligence framework designed for customer and employee interactions.

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