6,237 NiCE $NICE Shares Purchased by Kopion Asset Management LLC

by · The Markets Daily

Kopion Asset Management LLC raised its position in NiCE (NASDAQ:NICE – Free Report) by 4.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 152,509 shares of the technology company’s stock after purchasing an additional 6,237 shares during the quarter. NiCE comprises approximately 11.2% of Kopion Asset Management LLC’s investment portfolio, making the stock its biggest holding. Kopion Asset Management LLC’s holdings in NiCE were worth $16,970,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Engineers Gate Manager LP grew its position in NiCE by 292.1% in the 2nd quarter. Engineers Gate Manager LP now owns 38,353 shares of the technology company’s stock valued at $3,484,000 after buying an additional 28,571 shares in the last quarter. Sei Investments Co. increased its stake in NiCE by 10.6% during the 1st quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock valued at $21,468,000 after buying an additional 18,631 shares during the period. American Capital Management Inc. bought a new stake in shares of NiCE during the 2nd quarter worth about $12,414,000. Principal Financial Group Inc. lifted its stake in shares of NiCE by 1,637.6% in the 1st quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock worth $504,874,000 after acquiring an additional 4,315,414 shares during the period. Finally, Kopernik Global Investors LLC acquired a new stake in shares of NiCE in the 1st quarter worth approximately $27,670,000. 63.34% of the stock is currently owned by institutional investors and hedge funds.

NiCE Price Performance

NASDAQ NICE traded down $0.69 on Friday, hitting $116.62. 115,315 shares of the company were exchanged, compared to its average volume of 691,228. NiCE has a twelve month low of $83.10 and a twelve month high of $138.58. The firm has a market capitalization of $6.82 billion, a P/E ratio of 16.99, a price-to-earnings-growth ratio of 1.26 and a beta of 0.76. The company’s 50 day moving average price is $105.80 and its 200-day moving average price is $100.56.

NiCE (NASDAQ:NICE – Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, topping the consensus estimate of $2.63 by $0.07. The company had revenue of $782.29 million during the quarter, compared to analysts’ expectations of $766.27 million. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the company posted $3.01 earnings per share. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. As a group, equities analysts expect that NiCE will post 8.66 EPS for the current year.

Insider Buying and Selling

In related news, VP Udi Dayan sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $100.00, for a total value of $50,000.00. Following the completion of the transaction, the vice president owned 500 shares of the company’s stock, valued at approximately $50,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.02% of the company’s stock.

Analyst Upgrades and Downgrades

NICE has been the topic of a number of research analyst reports. Citigroup reiterated a “neutral” rating on shares of NiCE in a research note on Thursday, August 6th. Weiss Ratings upgraded NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. DA Davidson raised their target price on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Oppenheimer upgraded shares of NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Wednesday, September 30th. Finally, Rosenblatt Securities restated a “buy” rating and set a $130.00 price objective on shares of NiCE in a research report on Thursday, August 6th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $132.23.

Read Our Latest Report on NiCE

NiCE Company Profile

(Free Report)

NiCE Ltd., formerly known as NICE-Systems, is an Israeli technology company that provides cloud-based software and artificial intelligence solutions for customer experience and business operations. Its platforms help organizations manage customer interactions across contact centers and digital channels, while supporting employee engagement, workflow automation, analytics and decision-making.

The company’s portfolio includes CXone, a cloud customer experience platform that combines contact center, workforce management, quality management, analytics and automation capabilities.

Featured Articles

Want to see what other hedge funds are holding NICE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NiCE (NASDAQ:NICE – Free Report).