NICE Ltd. (NASDAQ:NICE) Shares Acquired by Synovus Financial Corp

Synovus Financial Corp increased its position in shares of NICE Ltd. (NASDAQ:NICE) by 10.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 2,853 shares of the technology company’s stock after acquiring an additional 262 shares during the period. Synovus Financial Corp’s holdings in NICE were worth $495,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV increased its holdings 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 acquiring an additional 100 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in NICE by 135.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company’s stock worth $32,000 after acquiring an additional 107 shares during the period. ORG Wealth Partners LLC acquired a new stake in shares of NICE in the 3rd quarter valued at approximately $38,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of NICE in the 3rd quarter valued at approximately $41,000. Finally, GAMMA Investing LLC increased its stake 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 in the last quarter. Institutional investors and hedge funds own 63.34% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on NICE shares. Citigroup raised their price target on NICE from $330.00 to $334.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Piper Sandler reiterated a “neutral” rating on shares of NICE in a report on Thursday, November 14th. Royal Bank of Canada restated an “outperform” rating and set a $260.00 price objective on shares of NICE in a research note on Friday, November 15th. StockNews.com raised NICE from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, DA Davidson lowered their price objective on NICE from $300.00 to $225.00 and set a “buy” rating for the company in a report on Friday, November 15th. Two investment 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $260.57.

NICE Price Performance

NICE stock opened at $189.87 on Wednesday. The company has a 50 day moving average price of $180.18 and a 200 day moving average price of $174.04. NICE Ltd. has a fifty-two week low of $151.52 and a fifty-two week high of $270.73. The stock has a market capitalization of $11.94 billion, a PE ratio of 29.39, a price-to-earnings-growth ratio of 1.43 and a beta of 1.05.

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.