NICE Ltd. (NASDAQ:NICE) Position Raised by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in shares of NICE Ltd. (NASDAQ:NICE) by 9.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,670 shares of the technology company’s stock after acquiring an additional 577 shares during the period. Crossmark Global Holdings Inc.’s holdings in NICE were worth $1,133,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of NICE by 6.8% in the second quarter. American Century Companies Inc. now owns 4,569 shares of the technology company’s stock valued at $786,000 after purchasing an additional 289 shares during the period. ProShare Advisors LLC increased its position in NICE by 49.5% in the 2nd quarter. ProShare Advisors LLC now owns 1,796 shares of the technology company’s stock valued at $309,000 after acquiring an additional 595 shares during the period. Earnest Partners LLC increased its position in NICE by 33.5% in the 2nd quarter. Earnest Partners LLC now owns 137,062 shares of the technology company’s stock valued at $23,571,000 after acquiring an additional 34,386 shares during the period. Maverick Capital Ltd. bought a new stake in NICE during the 2nd quarter valued at $1,639,000. Finally, Sea Cliff Partners Management LP boosted its position in NICE by 22.1% during the 2nd quarter. Sea Cliff Partners Management LP now owns 151,734 shares of the technology company’s stock worth $26,094,000 after acquiring an additional 27,482 shares during the period. 63.34% of the stock is currently owned by institutional investors.

NICE Stock Up 0.5 %

Shares of NASDAQ:NICE opened at $161.88 on Friday. The company’s fifty day moving average is $175.05 and its two-hundred day moving average is $173.99. The company has a market cap of $10.18 billion, a P/E ratio of 25.06, a price-to-earnings-growth ratio of 1.15 and a beta of 1.06. NICE Ltd. has a 12-month low of $151.52 and a 12-month high of $270.73.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Piper Sandler restated a “neutral” rating on shares of NICE in a research note on Thursday, November 14th. Oppenheimer lowered shares of NICE from an “outperform” rating to a “market perform” rating in a research note on Friday, November 15th. StockNews.com upgraded shares of NICE from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Citigroup increased their price target on NICE from $330.00 to $334.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, DA Davidson lowered their price target on NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $253.93.

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.