Vulcan Value Partners LLC Has $43.47 Million Stake in NiCE $NICE

by · The Markets Daily

Vulcan Value Partners LLC lowered its position in shares of NiCE (NASDAQ:NICE – Free Report) by 16.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 478,421 shares of the technology company’s stock after selling 93,890 shares during the period. NiCE accounts for approximately 1.3% of Vulcan Value Partners LLC’s investment portfolio, making the stock its 18th biggest holding. Vulcan Value Partners LLC’s holdings in NiCE were worth $43,465,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Sei Investments Co. boosted its stake in NiCE by 10.6% in the 1st quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock valued at $21,468,000 after purchasing an additional 18,631 shares during the period. American Capital Management Inc. bought a new position in NiCE during the 2nd quarter worth $12,414,000. Principal Financial Group Inc. increased its position in NiCE by 1,637.6% during the 1st quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock worth $504,874,000 after buying an additional 4,315,414 shares during the period. Kopernik Global Investors LLC acquired a new stake in shares of NiCE during the first quarter worth $27,670,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of NiCE by 16.8% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock worth $113,366,000 after buying an additional 148,113 shares in the last quarter. 63.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. DA Davidson upped their price target 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. Citigroup reiterated a “neutral” rating on shares of NiCE in a research note on Thursday, August 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a report on Wednesday, June 24th. Rosenblatt Securities restated a “buy” rating and set a $130.00 target price on shares of NiCE in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $130.00 target price on shares of NiCE in a report on Wednesday, June 10th. Seven 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $129.50.

View Our Latest Analysis on NiCE

NiCE Trading Down 3.8%

NiCE stock traded down $4.03 during trading hours on Tuesday, reaching $101.47. 309,553 shares of the stock were exchanged, compared to its average volume of 709,813. NiCE has a twelve month low of $83.10 and a twelve month high of $153.68. The company has a market cap of $5.93 billion, a P/E ratio of 14.77, a price-to-earnings-growth ratio of 1.14 and a beta of 0.75. The stock has a 50 day moving average of $100.14 and a two-hundred day moving average of $101.94.

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

Insiders Place Their Bets

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

NiCE Company Profile

(Free Report)

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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