NiCE $NICE Shares Sold by Russell Investments Group Ltd.

Key Points

• Russell Investments cut its stake in NiCE by 96.1% in Q3, selling 4,804,765 shares and leaving 194,120 shares (about 0.31% of the company) worth roughly $28.4 million.
• NiCE slightly beat estimates with $3.24 EPS and $786.5M revenue (up 9% YoY), issued FY2026 guidance of 10.85–11.05 EPS and Q1 guidance of 2.45–2.55 EPS, and its board authorized a $600 million buyback (up to 9.6% of shares).
• Analyst coverage is mixed with a consensus "Hold" rating and an average price target of $151.83, while the stock trades near $118.36 (market cap ~$7.49B) within a 52-week range of $94.65–$180.61.

Russell Investments Group Ltd. lowered its stake in NiCE (NASDAQ:NICE - Free Report) by 96.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 194,120 shares of the technology company's stock after selling 4,804,765 shares during the period. Russell Investments Group Ltd. owned approximately 0.31% of NiCE worth $28,385,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NICE. Tower Research Capital LLC TRC purchased a new position in NiCE in the 2nd quarter valued at $40,000. Richardson Financial Services Inc. raised its position in NiCE by 65.3% during the 3rd quarter. Richardson Financial Services Inc. now owns 329 shares of the technology company's stock worth $48,000 after buying an additional 130 shares during the last quarter. Legal & General Group Plc purchased a new position in NiCE during the 2nd quarter worth $65,000. UMB Bank n.a. lifted its stake in shares of NiCE by 66.0% in the 3rd quarter. UMB Bank n.a. now owns 478 shares of the technology company's stock worth $69,000 after acquiring an additional 190 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of NiCE in the 3rd quarter worth $74,000. Hedge funds and other institutional investors own 63.34% of the company's stock.

NiCE Stock Down 1.6%

Shares of NICE stock opened at $118.36 on Friday. The stock has a market cap of $7.49 billion, a P/E ratio of 12.24, a P/E/G ratio of 1.40 and a beta of 0.95. NiCE has a fifty-two week low of $94.65 and a fifty-two week high of $180.61. The business has a fifty day simple moving average of $113.96 and a 200-day simple moving average of $122.56.

NiCE (NASDAQ:NICE - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, topping the consensus estimate of $3.23 by $0.01. The business had revenue of $786.50 million for the quarter, compared to analyst estimates of $779.95 million. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The business's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.02 EPS. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. On average, sell-side analysts anticipate that NiCE will post 9.85 earnings per share for the current year.

NiCE declared 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 shares. This buyback authorization allows the technology company to purchase up to 9.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

NICE has been the topic of a number of recent analyst reports. Mizuho dropped their price target on shares of NiCE from $185.00 to $150.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 18th. Jefferies Financial Group restated a "hold" rating on shares of NiCE in a research report on Thursday, February 19th. DA Davidson lowered their price objective on NiCE from $150.00 to $130.00 and set a "neutral" rating on the stock in a report on Tuesday, November 18th. Zacks Research upgraded NiCE from a "strong sell" rating to a "hold" rating in a research report on Tuesday, February 24th. Finally, Barclays reduced their price target on NiCE from $200.00 to $165.00 and set an "overweight" rating for the company in a report on Wednesday, November 19th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $151.83.

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.

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