NICE Ltd. (NASDAQ:NICE) Shares Bought by Tlwm

Tlwm grew its position in shares of NICE Ltd. (NASDAQ:NICE) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,514 shares of the technology company’s stock after buying an additional 134 shares during the quarter. Tlwm’s holdings in NICE were worth $597,000 as of its most recent filing with the SEC.

Several other hedge funds also recently 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. ORG Wealth Partners LLC purchased a new stake in shares of NICE in the third quarter valued at approximately $38,000. Wilmington Savings Fund Society FSB acquired a new position in NICE during the third quarter worth $41,000. GAMMA Investing LLC raised its position in NICE by 89.9% in the third quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock worth $43,000 after acquiring an additional 116 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in NICE by 48.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock worth $48,000 after acquiring an additional 91 shares in the last quarter. Institutional investors and hedge funds own 63.34% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on NICE. Jefferies Financial Group reaffirmed a “hold” rating and set a $200.00 price target (down from $215.00) on shares of NICE in a research note on Thursday, December 19th. Oppenheimer lowered shares of NICE from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. 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. StockNews.com cut NICE from a “strong-buy” rating to a “buy” rating in a report on Monday. Finally, Northland Securities dropped their price objective on NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, November 15th. Three research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, NICE currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.50.

NICE Price Performance

NICE stock opened at $165.62 on Tuesday. The firm has a fifty day moving average price of $178.69 and a two-hundred day moving average price of $174.44. NICE Ltd. has a 1-year low of $151.52 and a 1-year high of $270.73. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 25.64, a PEG ratio of 1.46 and a beta of 1.06.

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.