Public Employees Retirement System of Ohio bought a new stake in NICE Ltd. (NASDAQ:NICE - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 37,073 shares of the technology company's stock, valued at approximately $6,438,000. Public Employees Retirement System of Ohio owned 0.06% of NICE as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV lifted its stake in shares of NICE by 208.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company's stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in NICE by 135.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company's stock valued at $32,000 after buying an additional 107 shares during the period. ORG Wealth Partners LLC acquired a new position in NICE during the third quarter valued at approximately $38,000. GAMMA Investing LLC grew its stake in NICE by 89.9% during the third quarter. GAMMA Investing LLC now owns 245 shares of the technology company's stock worth $43,000 after buying an additional 116 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in shares of NICE in the second quarter worth $72,000. Institutional investors and hedge funds own 63.34% of the company's stock.
NICE opened at $186.67 on Friday. NICE Ltd. has a 12-month low of $151.52 and a 12-month high of $270.73. The stock has a market capitalization of $11.74 billion, a PE ratio of 28.90, a P/E/G ratio of 1.43 and a beta of 1.05. The firm's fifty day moving average price is $179.40 and its 200 day moving average price is $174.23.
A number of analysts recently weighed in on the stock. Wedbush reaffirmed an "outperform" rating and set a $250.00 price target on shares of NICE in a research report on Friday, August 16th. StockNews.com raised NICE from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. JMP Securities reiterated a "market outperform" rating and issued a $300.00 target price on shares of NICE in a research note on Friday, August 16th. Northland Securities reduced their price target on NICE from $275.00 to $250.00 and set an "outperform" rating on the stock in a research report on Friday, November 15th. Finally, Piper Sandler restated a "neutral" rating on shares of NICE in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, NICE has a consensus rating of "Moderate Buy" and a consensus target price of $260.57.
Read Our Latest Stock Report on NICE
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider NICE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NICE wasn't on the list.
While NICE currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.