Fisher Asset Management LLC Sells 691 Shares of NICE Ltd. (NASDAQ:NICE)

Fisher Asset Management LLC decreased its holdings in shares of NICE Ltd. (NASDAQ:NICE) by 0.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 136,411 shares of the technology company’s stock after selling 691 shares during the quarter. Fisher Asset Management LLC’s holdings in NICE were worth $23,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its holdings 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 purchasing an additional 100 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of 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 acquiring 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 lifted its stake in NICE by 89.9% in the 3rd quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock worth $43,000 after purchasing an additional 116 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in NICE in the 2nd quarter valued at $72,000. 63.34% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NICE shares. Oppenheimer cut shares of NICE from an “outperform” rating to a “market perform” rating in a report on Friday, November 15th. Jefferies Financial Group lowered their price target on NICE from $230.00 to $215.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Wedbush reissued an “outperform” rating and set a $250.00 price objective on shares of NICE in a report on Friday, August 16th. Rosenblatt Securities reiterated a “buy” rating and set a $225.00 target price on shares of NICE in a research report on Tuesday, August 13th. Finally, Piper Sandler reissued a “neutral” rating on shares of NICE in a research note on Thursday, November 14th. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $260.57.

NICE Stock Performance

Shares of NICE stock opened at $179.84 on Thursday. The company has a market capitalization of $11.31 billion, a P/E ratio of 28.09, a PEG ratio of 1.44 and a beta of 1.04. NICE Ltd. has a fifty-two week low of $151.52 and a fifty-two week high of $270.73. The stock has a 50 day moving average price of $174.80 and a two-hundred day moving average price of $175.42.

About 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.