Udi Yehuda Dayan Sells 500 Shares of NiCE (NASDAQ:NICE) Stock

Key Points

• NiCE VP Udi Yehuda Dayan sold 500 shares at an average price of $100, generating $50,000 and reducing his ownership by 50% to 500 shares.
• NiCE’s latest quarterly results exceeded expectations, with adjusted EPS of $2.70 versus $2.63 expected and revenue of $782.29 million, up 7.7% year over year.
• Shares recently traded near $101.70, while analysts maintain a consensus “Hold” rating and an average price target of $129.50; institutional investors own 63.34% of the stock.

NiCE (NASDAQ:NICE - Get Free Report) VP Udi Yehuda Dayan sold 500 shares of the business's 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 completion of the transaction, the vice president owned 500 shares in the company, valued at approximately $50,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

NiCE Trading Down 0.1%

Shares of NICE stock traded down $0.15 during trading hours on Monday, hitting $101.70. 216,012 shares of the company were exchanged, compared to its average volume of 742,454. The firm has a fifty day simple moving average of $94.39 and a 200 day simple moving average of $102.91. NiCE has a 52-week low of $83.10 and a 52-week high of $153.68. The stock has a market capitalization of $5.94 billion, a price-to-earnings ratio of 14.85, a P/E/G ratio of 1.05 and a beta of 0.74.

NiCE (NASDAQ:NICE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $2.70 EPS 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 business had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. During the same quarter in the prior year, the business earned $3.01 earnings per share. NiCE'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. Sell-side analysts anticipate that NiCE will post 9.11 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Morgan Stanley decreased their price objective on NiCE from $148.00 to $130.00 and set an "overweight" rating for the company in a report on Monday, May 11th. Citigroup restated a "neutral" rating on shares of NiCE in a research note on Thursday. Rosenblatt Securities reaffirmed a "buy" rating and issued a $130.00 price objective on shares of NiCE in a report on Thursday. Weiss Ratings reiterated a "sell (d+)" rating on shares of NiCE in a research note on Wednesday, June 24th. Finally, Citizens Jmp lowered their target price on shares of NiCE from $200.00 to $170.00 and set a "market outperform" rating on the stock in a report on Thursday, May 7th. Seven investment 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 price target of $129.50.

Institutional Investors Weigh In On NiCE

Several hedge funds and other institutional investors have recently modified their holdings of NICE. Principal Financial Group Inc. raised its stake in NiCE by 1,637.6% in the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company's stock valued at $504,874,000 after purchasing an additional 4,315,414 shares in the last quarter. RPD Fund Management LLC purchased a new position in NiCE in the 4th quarter worth approximately $100,154,000. Brandes Investment Partners LP purchased a new position in NiCE in the 4th quarter worth approximately $79,944,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of NiCE in the 3rd quarter worth $88,599,000. Finally, Kopernik Global Investors LLC purchased a new stake in shares of NiCE during the 1st quarter valued at $27,670,000. 63.34% of the stock is currently owned by institutional investors.

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.

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