Oppenheimer Asset Management Inc. Has $2.92 Million Position in NiCE $NICE

Oppenheimer Asset Management Inc. boosted its position in shares of NiCE (NASDAQ:NICE) by 127.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,796 shares of the technology company’s stock after purchasing an additional 14,430 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in NiCE were worth $2,916,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Lakewood Asset Management LLC grew its holdings in NiCE by 478.5% during the third quarter. Lakewood Asset Management LLC now owns 12,791 shares of the technology company’s stock valued at $1,852,000 after purchasing an additional 10,580 shares during the period. Truist Financial Corp acquired a new position in NiCE during the third quarter valued at approximately $1,230,000. Mediolanum International Funds Ltd grew its holdings in NiCE by 101.7% during the third quarter. Mediolanum International Funds Ltd now owns 44,940 shares of the technology company’s stock valued at $6,578,000 after purchasing an additional 22,664 shares during the period. Madison Asset Management LLC acquired a new position in NiCE during the third quarter valued at approximately $1,381,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings in NiCE by 0.9% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock valued at $186,142,000 after purchasing an additional 15,000 shares during the period. Institutional investors and hedge funds own 63.34% of the company’s stock.

NiCE Stock Performance

Shares of NICE opened at $112.90 on Monday. NiCE has a twelve month low of $94.65 and a twelve month high of $180.61. The firm’s 50 day moving average price is $111.86 and its two-hundred day moving average price is $114.03. The firm has a market cap of $6.82 billion, a P/E ratio of 11.68, a PEG ratio of 1.31 and a beta of 0.82.

NiCE (NASDAQ:NICE) last announced its quarterly earnings results on Thursday, February 19th. The technology company reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.01. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The firm had revenue of $786.50 million for the quarter, compared to analyst estimates of $779.95 million. During the same quarter in the previous year, the firm posted $3.02 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. 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 8.89 earnings per share for the current fiscal year.

NiCE declared that its Board of Directors has authorized a share buyback plan on Thursday, February 19th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 9.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NICE. Royal Bank Of Canada decreased their price objective on shares of NiCE from $175.00 to $150.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Wedbush restated a “neutral” rating and set a $120.00 price objective on shares of NiCE in a report on Friday, February 20th. Citigroup cut shares of NiCE from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $184.00 to $119.00 in a report on Friday, April 10th. Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a report on Friday, March 27th. Finally, Rosenblatt Securities restated a “buy” rating and set a $155.00 price objective on shares of NiCE in a report on Friday, February 20th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $144.17.

NiCE Company 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.