Natixis Advisors LLC Invests $1.81 Million in NICE Ltd. (NASDAQ:NICE)

Natixis Advisors LLC purchased a new position in shares of NICE Ltd. (NASDAQ:NICE) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,395 shares of the technology company’s stock, valued at approximately $1,805,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV boosted its holdings in 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 grew its holdings in NICE by 135.4% during the second 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 purchased a new position in NICE in the third quarter worth $38,000. GAMMA Investing LLC lifted its holdings in NICE by 89.9% in the third quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock valued at $43,000 after acquiring an additional 116 shares during the period. Finally, Rothschild Investment LLC purchased a new stake in shares of NICE during the 2nd quarter worth $72,000. 63.34% of the stock is currently owned by institutional investors and hedge funds.

NICE Stock Up 4.3 %

Shares of NICE stock opened at $183.70 on Tuesday. The firm has a market cap of $11.55 billion, a PE ratio of 28.44, a P/E/G ratio of 1.41 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 business’s fifty day moving average is $174.40 and its two-hundred day moving average is $175.72.

Analysts Set New Price Targets

NICE has been the subject of several recent analyst reports. Northland Securities reduced their price objective on shares of NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, November 15th. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price target on shares of NICE in a report on Tuesday, August 13th. JMP Securities reaffirmed a “market outperform” rating and set a $300.00 price objective on shares of NICE in a report on Friday, August 16th. Citigroup upped their target price on NICE from $330.00 to $334.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, Wedbush reaffirmed an “outperform” rating and set a $250.00 price target on shares of NICE in a research note on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, NICE has a consensus rating of “Moderate Buy” and a consensus target price of $260.57.

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.