Pathstone Holdings LLC Has $1.56 Million Stock Position in NICE Ltd. (NASDAQ:NICE)

Pathstone Holdings LLC increased its holdings in NICE Ltd. (NASDAQ:NICE) by 33.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,992 shares of the technology company’s stock after acquiring an additional 2,260 shares during the period. Pathstone Holdings LLC’s holdings in NICE were worth $1,562,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in NICE. GLOBALT Investments LLC GA raised its stake in shares of NICE by 2.1% during the 3rd quarter. GLOBALT Investments LLC GA now owns 7,333 shares of the technology company’s stock worth $1,274,000 after purchasing an additional 154 shares during the period. Natixis Advisors LLC bought a new stake in NICE in the third quarter worth about $1,805,000. Oppenheimer & Co. Inc. boosted its stake in NICE by 15.6% in the third quarter. Oppenheimer & Co. Inc. now owns 18,593 shares of the technology company’s stock valued at $3,229,000 after acquiring an additional 2,507 shares during the last quarter. Buckingham Capital Management Inc. grew its position in shares of NICE by 43.5% during the 3rd quarter. Buckingham Capital Management Inc. now owns 19,214 shares of the technology company’s stock valued at $3,337,000 after acquiring an additional 5,829 shares during the period. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of NICE during the 3rd quarter worth approximately $1,058,000. Institutional investors own 63.34% of the company’s stock.

NICE Stock Performance

NICE opened at $179.84 on Friday. The stock has a market capitalization of $11.31 billion, a price-to-earnings ratio of 27.84, 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 company has a fifty day moving average of $175.13 and a 200 day moving average of $175.45.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Rosenblatt Securities reissued a “buy” rating and set a $225.00 price objective on shares of NICE in a report on Tuesday, August 13th. Northland Securities decreased their price objective on NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a report on Friday, November 15th. Wedbush reaffirmed an “outperform” rating and set a $250.00 price objective on shares of NICE in a report on Friday, August 16th. Citigroup lifted their target price on shares of NICE from $330.00 to $334.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $260.00 price target on shares of NICE in a research note on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $260.57.

NICE Company 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.