NICE Ltd. (NASDAQ:NICE) Shares Sold by Barclays PLC

Barclays PLC trimmed its holdings in shares of NICE Ltd. (NASDAQ:NICE) by 100.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 748 shares of the technology company’s stock after selling 6,915,558 shares during the period. Barclays PLC’s holdings in NICE were worth $130,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Creative Financial Designs Inc. ADV raised its position in NICE by 208.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock valued at $26,000 after acquiring an additional 100 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in shares of NICE during the 3rd quarter valued at approximately $38,000. GAMMA Investing LLC lifted its stake in shares of 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 purchasing an additional 116 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in NICE by 48.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock worth $48,000 after buying an additional 91 shares in the last quarter. Finally, Castleview Partners LLC acquired a new stake in NICE during the third quarter valued at $88,000. 63.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on NICE shares. Piper Sandler reissued a “neutral” rating on shares of NICE in a research note on Thursday, November 14th. Oppenheimer downgraded NICE from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. Northland Securities dropped their price objective on NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a report on Friday, November 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $260.00 target price on shares of NICE in a research note on Friday, November 15th. Finally, DA Davidson dropped their price target on shares of NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $253.93.

NICE Stock Down 2.4 %

Shares of NASDAQ NICE opened at $161.04 on Friday. The firm has a 50-day simple moving average of $175.26 and a 200-day simple moving average of $174.08. The stock has a market capitalization of $10.12 billion, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 1.16 and a beta of 1.06. NICE Ltd. has a 52 week low of $151.52 and a 52 week high of $270.73.

NICE Company 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.