Atria Investments Inc Takes Position in NICE Ltd. (NASDAQ:NICE)

Atria Investments Inc purchased a new stake in shares of NICE Ltd. (NASDAQ:NICE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,236 shares of the technology company’s stock, valued at approximately $215,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Creative Financial Designs Inc. ADV boosted its position in NICE by 208.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock worth $26,000 after acquiring an additional 100 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of NICE by 135.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company’s stock worth $32,000 after purchasing an additional 107 shares during the period. ORG Wealth Partners LLC purchased a new position in NICE during the third quarter valued at approximately $38,000. GAMMA Investing LLC increased its stake in NICE by 89.9% in the 3rd quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock valued at $43,000 after buying an additional 116 shares during the period. Finally, Rothschild Investment LLC purchased a new stake in NICE in the 2nd quarter worth approximately $72,000. Hedge funds and other institutional investors own 63.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NICE shares. Oppenheimer cut shares of NICE from an “outperform” rating to a “market perform” rating in a report on Friday, November 15th. Citigroup boosted their target price on NICE from $330.00 to $334.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Northland Securities cut their price target on NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, November 15th. DA Davidson reduced their price target on NICE from $300.00 to $225.00 and set a “buy” rating for the company in a report on Friday, November 15th. Finally, Wedbush restated an “outperform” rating and issued a $250.00 price objective on shares of NICE in a report on Friday, August 16th. Two investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, NICE presently has a consensus rating of “Moderate Buy” and an average target price of $260.57.

NICE Stock Performance

NICE stock opened at $176.16 on Friday. NICE Ltd. has a 52 week low of $151.52 and a 52 week high of $270.73. The firm has a market capitalization of $11.08 billion, a PE ratio of 27.27, a PEG ratio of 1.38 and a beta of 1.04. The business’s 50-day simple moving average is $173.96 and its 200-day simple moving average is $176.32.

NICE Profile

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.