Natixis Advisors LLC Takes Position in NICE Ltd. (NASDAQ:NICE)

Natixis Advisors LLC acquired a new stake in NICE Ltd. (NASDAQ:NICE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,395 shares of the technology company’s stock, valued at approximately $1,805,000.

Other large investors also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. raised its stake in shares of NICE by 4.8% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,408 shares of the technology company’s stock valued at $367,000 after acquiring an additional 65 shares during the period. Aurora Investment Counsel lifted its stake in NICE by 0.7% during the second quarter. Aurora Investment Counsel now owns 10,906 shares of the technology company’s stock worth $1,876,000 after purchasing an additional 80 shares in the last quarter. Financial Perspectives Inc boosted its position in shares of NICE by 17.8% during the second quarter. Financial Perspectives Inc now owns 569 shares of the technology company’s stock worth $98,000 after buying an additional 86 shares during the period. Mendota Financial Group LLC grew its stake in shares of NICE by 11.4% in the third quarter. Mendota Financial Group LLC now owns 841 shares of the technology company’s stock valued at $146,000 after buying an additional 86 shares in the last quarter. Finally, Legacy Advisors LLC raised its holdings in shares of NICE by 1.3% in the 2nd quarter. Legacy Advisors LLC now owns 6,678 shares of the technology company’s stock valued at $1,148,000 after buying an additional 88 shares during the period. Institutional investors and hedge funds own 63.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NICE. Royal Bank of Canada restated an “outperform” rating and set a $260.00 target price on shares of NICE in a report on Friday, November 15th. DA Davidson dropped their price objective on shares of NICE from $300.00 to $225.00 and set a “buy” rating for the company in a report on Friday, November 15th. Citigroup increased their target price on shares of NICE from $330.00 to $334.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Oppenheimer downgraded shares of NICE from an “outperform” rating to a “market perform” rating in a research note on Friday, November 15th. Finally, Jefferies Financial Group decreased their target price on NICE from $230.00 to $215.00 and set a “buy” rating for the company in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, NICE presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.57.

NICE Price Performance

NICE stock opened at $183.70 on Tuesday. NICE Ltd. has a 12 month low of $151.52 and a 12 month high of $270.73. The company has a market cap of $11.55 billion, a price-to-earnings ratio of 28.44, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. The company has a fifty day moving average price of $174.40 and a 200 day moving average price of $175.72.

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.