NICE Ltd. (NASDAQ:NICE) Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. grew its holdings in shares of NICE Ltd. (NASDAQ:NICE) by 14.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,948 shares of the technology company’s stock after purchasing an additional 3,355 shares during the period. D.A. Davidson & CO.’s holdings in NICE were worth $4,506,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bruni J V & Co. Co. bought a new position in shares of NICE during the third quarter worth about $22,849,000. First Hawaiian Bank bought a new position in shares of NICE during the second quarter worth about $516,000. Diversified Trust Co grew its position in NICE by 237.9% in the 2nd quarter. Diversified Trust Co now owns 6,478 shares of the technology company’s stock valued at $1,114,000 after buying an additional 4,561 shares in the last quarter. Asset Management One Co. Ltd. grew its position in NICE by 13.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 47,214 shares of the technology company’s stock valued at $8,200,000 after buying an additional 5,629 shares in the last quarter. Finally, Buckingham Capital Management Inc. grew its position in NICE by 43.5% in the 3rd quarter. Buckingham Capital Management Inc. now owns 19,214 shares of the technology company’s stock valued at $3,337,000 after buying an additional 5,829 shares in the last quarter. Institutional investors own 63.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Piper Sandler reiterated a “neutral” rating on shares of NICE in a research report on Thursday, November 14th. Oppenheimer lowered shares of NICE from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 target price on shares of NICE in a research report on Tuesday, August 13th. Royal Bank of Canada reissued an “outperform” rating and issued a $260.00 price target on shares of NICE in a report on Friday, November 15th. Finally, Wedbush reissued an “outperform” rating and issued a $250.00 price target on shares of NICE in a report on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $260.57.

NICE Stock Down 1.5 %

NASDAQ:NICE opened at $179.84 on Friday. NICE Ltd. has a 12 month low of $151.52 and a 12 month high of $270.73. The firm has a market cap of $11.31 billion, a price-to-earnings ratio of 27.84, a P/E/G ratio of 1.44 and a beta of 1.04. The company’s 50 day moving average is $175.13 and its 200-day moving average is $175.45.

About NICE

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.