Yelin Lapidot Holdings Management Ltd. Trims Stock Position in NiCE $NICE

Yelin Lapidot Holdings Management Ltd. cut its holdings in NiCE (NASDAQ:NICE) by 45.9% during the first quarter, HoldingsChannel reports. The fund owned 26,396 shares of the technology company’s stock after selling 22,400 shares during the period. Yelin Lapidot Holdings Management Ltd.’s holdings in NiCE were worth $2,910,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. 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 worth $96,000 after acquiring an additional 106 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of NiCE by 1.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 11,276 shares of the technology company’s stock valued at $1,633,000 after purchasing an additional 142 shares during the last quarter. Saturna Capital Corp grew its holdings in shares of NiCE by 0.8% during the 4th quarter. Saturna Capital Corp now owns 18,892 shares of the technology company’s stock worth $2,136,000 after purchasing an additional 150 shares during the period. Tower Research Capital LLC TRC purchased a new position in shares of NiCE during the 2nd quarter worth $40,000. Finally, Merit Financial Group LLC increased its position in shares of NiCE by 16.3% during the 3rd quarter. Merit Financial Group LLC now owns 1,923 shares of the technology company’s stock worth $278,000 after purchasing an additional 269 shares during the last quarter. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Citizens Jmp reduced their price objective on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a report on Thursday, May 7th. Rosenblatt Securities reiterated a “buy” rating and set a $155.00 price target on shares of NiCE in a research report on Wednesday, June 10th. Cantor Fitzgerald reissued a “neutral” rating and issued a $104.00 price target on shares of NiCE in a research note on Wednesday, June 10th. Wedbush decreased their price objective on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, June 10th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Wednesday. Eight investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.17.

NiCE Price Performance

Shares of NASDAQ:NICE opened at $91.99 on Monday. The firm has a market capitalization of $5.38 billion, a PE ratio of 10.91, a price-to-earnings-growth ratio of 0.95 and a beta of 0.78. The firm’s 50-day moving average is $94.15 and its two-hundred day moving average is $106.00. NiCE has a 1 year low of $83.10 and a 1 year high of $175.00.

NiCE (NASDAQ:NICE) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, beating the consensus estimate of $2.52 by $0.12. The business had revenue of $768.62 million during the quarter, compared to analyst estimates of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm 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 expect 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.