Tidal Investments LLC Decreases Stock Position in NiCE $NICE

Key Points

• Tidal Investments reduced its NiCE position by 9.7% in the second quarter, selling 11,398 shares and retaining 106,562 shares valued at approximately $9.7 million. Institutional investors collectively own 63.34% of the company.
• NiCE exceeded quarterly expectations, reporting $2.70 in EPS versus the $2.63 consensus and $782.3 million in revenue, up 7.7% year over year. The company issued fiscal 2026 EPS guidance of $11.06–$11.26.
• Analyst sentiment is mixed, with an overall “Hold” rating and an average price target of $129.50; shares recently opened at $98.18, while targets range from $100 to $130.

Tidal Investments LLC reduced its position in NiCE (NASDAQ:NICE - Free Report) by 9.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 106,562 shares of the technology company's stock after selling 11,398 shares during the period. Tidal Investments LLC owned 0.18% of NiCE worth $9,681,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in shares of NiCE in the first quarter worth about $226,000. Goldman Sachs Group Inc. increased its stake in NiCE by 81.7% in the first quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company's stock valued at $35,430,000 after acquiring an additional 103,342 shares during the last quarter. Empowered Funds LLC bought a new position in shares of NiCE during the 1st quarter valued at about $892,000. Woodline Partners LP raised its holdings in shares of NiCE by 18.7% during the 1st 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 in the last quarter. Finally, Legal & General Group Plc bought a new stake in NiCE in the 2nd quarter worth approximately $65,000. Hedge funds and other institutional investors own 63.34% of the company's stock.

NiCE Stock Up 0.1%

Shares of NICE opened at $98.18 on Friday. The company has a market capitalization of $5.74 billion, a P/E ratio of 14.29, a price-to-earnings-growth ratio of 1.06 and a beta of 0.75. The firm has a 50 day moving average of $100.49 and a 200 day moving average of $101.71. NiCE has a twelve month low of $83.10 and a twelve month high of $153.68.

NiCE (NASDAQ:NICE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, topping analysts' consensus estimates of $2.63 by $0.07. The firm had revenue of $782.29 million during the quarter, compared to analyst estimates of $766.27 million. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business's revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $3.01 earnings per share. 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, sell-side analysts expect that NiCE will post 8.66 EPS for the current year.

Analysts Set New Price Targets

NICE has been the subject of a number of research reports. DA Davidson upped their price objective on shares of NiCE from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Rosenblatt Securities reissued a "buy" rating and set a $130.00 target price on shares of NiCE in a research note on Thursday, August 6th. Wedbush decreased their price target on shares of NiCE from $120.00 to $100.00 and set a "neutral" rating for the company in a research note on Wednesday, June 10th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $130.00 price objective on shares of NiCE in a report on Wednesday, June 10th. Finally, Cantor Fitzgerald reissued a "neutral" rating and set a $104.00 price objective on shares of NiCE in a research report on Wednesday, June 10th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $129.50.

Insider Activity at NiCE

In other news, VP Udi Dayan sold 500 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $100.00, for a total value of $50,000.00. Following the transaction, the vice president owned 500 shares in the company, valued at $50,000. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.02% of the stock is owned by insiders.

About NiCE

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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