Sei Investments Co. Increases Stake in NiCE $NICE

Sei Investments Co. raised its holdings in NiCE (NASDAQ:NICE) by 10.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 194,717 shares of the technology company’s stock after buying an additional 18,631 shares during the period. Sei Investments Co.’s holdings in NiCE were worth $21,468,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Principal Financial Group Inc. raised its stake in shares of NiCE by 1,637.6% in the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock valued at $504,874,000 after acquiring an additional 4,315,414 shares in the last quarter. FIL Ltd grew its stake in NiCE by 0.7% during the 4th quarter. FIL Ltd now owns 1,732,137 shares of the technology company’s stock worth $195,801,000 after purchasing an additional 11,433 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in NiCE by 0.9% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock worth $186,142,000 after purchasing an additional 15,000 shares in the last quarter. Artisan Partners Limited Partnership increased its holdings in NiCE by 22.1% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,256,752 shares of the technology company’s stock worth $142,063,000 after purchasing an additional 227,631 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its holdings in NiCE by 16.8% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock worth $113,366,000 after purchasing an additional 148,113 shares during the period. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Stock Up 6.7%

Shares of NiCE stock opened at $101.41 on Wednesday. NiCE has a 52 week low of $83.10 and a 52 week high of $169.27. The firm’s 50 day moving average is $93.23 and its two-hundred day moving average is $103.74. The firm has a market capitalization of $5.93 billion, a P/E ratio of 12.03, a P/E/G ratio of 0.98 and a beta of 0.77.

NiCE (NASDAQ:NICE) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.12. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The business had revenue of $768.62 million during the quarter, compared to the consensus estimate of $760.94 million. During the same quarter in the previous year, the firm earned $2.87 EPS. The company’s revenue was up 9.8% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. As a group, research analysts expect that NiCE will post 9.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on NICE shares. Morgan Stanley decreased their price objective on NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Rosenblatt Securities restated a “buy” rating and set a $155.00 target price on shares of NiCE in a research note on Wednesday, June 10th. DA Davidson raised shares of NiCE from a “neutral” rating to a “buy” rating and set a $110.00 target price on the stock in a report on Thursday, June 18th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $104.00 price target on shares of NiCE in a research note on Wednesday, June 10th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $130.00 price target on shares of NiCE in a research note on Wednesday, June 10th. Eight investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, NiCE currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.17.

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.