NICE Ltd. (NASDAQ:NICE) Shares Acquired by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. lifted its position in shares of NICE Ltd. (NASDAQ:NICE) by 2,384.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,143 shares of the technology company’s stock after buying an additional 1,097 shares during the period. Transamerica Financial Advisors Inc.’s holdings in NICE were worth $199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in NICE. Creative Financial Designs Inc. ADV increased its holdings in shares of 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 buying an additional 100 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in NICE by 135.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company’s stock valued at $32,000 after purchasing an additional 107 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in NICE in the 3rd quarter valued at approximately $38,000. GAMMA Investing LLC increased its holdings in 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 last quarter. Finally, Rothschild Investment LLC acquired a new stake in NICE in the 2nd quarter valued at approximately $72,000. Institutional investors and hedge funds own 63.34% of the company’s stock.

NICE Stock Down 0.6 %

Shares of NICE stock opened at $182.51 on Wednesday. NICE Ltd. has a 52-week low of $151.52 and a 52-week high of $270.73. The company’s 50-day simple moving average is $174.40 and its 200-day simple moving average is $175.72. The firm has a market cap of $11.47 billion, a price-to-earnings ratio of 28.25, a price-to-earnings-growth ratio of 1.44 and a beta of 1.04.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Wedbush reiterated an “outperform” rating and issued a $250.00 target price on shares of NICE in a report on Friday, August 16th. DA Davidson reduced their price target on shares of NICE from $300.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Oppenheimer cut shares of NICE from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price target on shares of NICE in a research report on Tuesday, August 13th. Finally, Jefferies Financial Group reduced their price target on shares of NICE from $230.00 to $215.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $260.57.

NICE 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.