Miller Global Investments LLC Invests $542,000 in NiCE $NICE

Miller Global Investments LLC purchased a new stake in shares of NiCE (NASDAQ:NICE) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 5,968 shares of the technology company’s stock, valued at approximately $542,000.

Several other large investors have also recently added to or reduced their stakes in NICE. Steward Partners Investment Advisory LLC increased its stake in NiCE by 14.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock valued at $96,000 after purchasing an additional 106 shares during the last quarter. Qube Research & Technologies Ltd grew its position in shares of NiCE by 1.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 11,276 shares of the technology company’s stock valued at $1,633,000 after buying an additional 142 shares during the last quarter. Saturna Capital Corp raised its stake in NiCE by 0.8% during the fourth quarter. Saturna Capital Corp now owns 18,892 shares of the technology company’s stock worth $2,136,000 after acquiring an additional 150 shares during the period. Frank Rimerman Advisors LLC lifted its holdings in NiCE by 7.8% in the first quarter. Frank Rimerman Advisors LLC now owns 2,603 shares of the technology company’s stock worth $287,000 after acquiring an additional 189 shares during the last quarter. Finally, Summitry LLC lifted its holdings in NiCE by 5.6% in the first quarter. Summitry LLC now owns 4,081 shares of the technology company’s stock worth $450,000 after acquiring an additional 215 shares during the last quarter. 63.34% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Citizens Jmp lowered their target price on NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a report on Thursday, May 7th. Citigroup restated a “market outperform” rating on shares of NiCE in a research note on Thursday, June 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Morgan Stanley cut their target price on NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $104.00 price target on shares of NiCE in a research report on Wednesday, June 10th. 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $131.17.

NiCE Stock Performance

Shares of NICE opened at $100.65 on Tuesday. NiCE has a one year low of $83.10 and a one year high of $156.37. The stock’s fifty day moving average is $93.73 and its 200-day moving average is $103.29. The firm has a market capitalization of $5.88 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 1.02 and a beta of 0.74.

NiCE (NASDAQ:NICE) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.12. The business had revenue of $768.62 million during the quarter, compared to the consensus estimate of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Analysts forecast that NiCE will post 9.08 EPS for the current fiscal year.

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.