Bogart Wealth LLC Has $5.97 Million Stock Position in NICE Ltd. (NASDAQ:NICE)

Bogart Wealth LLC raised its position in NICE Ltd. (NASDAQ:NICE) by 6.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 35,135 shares of the technology company’s stock after buying an additional 1,985 shares during the quarter. Bogart Wealth LLC’s holdings in NICE were worth $5,967,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of NICE by 21.6% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,575,645 shares of the technology company’s stock valued at $273,642,000 after buying an additional 279,375 shares during the last quarter. CCLA Investment Management lifted its stake in NICE by 14.1% in the fourth quarter. CCLA Investment Management now owns 704,494 shares of the technology company’s stock valued at $119,517,000 after acquiring an additional 87,003 shares during the last quarter. American Capital Management Inc. grew its position in NICE by 1.4% in the third quarter. American Capital Management Inc. now owns 540,311 shares of the technology company’s stock worth $93,836,000 after acquiring an additional 7,303 shares in the last quarter. Parnassus Investments LLC grew its position in NICE by 1.5% in the third quarter. Parnassus Investments LLC now owns 517,039 shares of the technology company’s stock worth $89,794,000 after acquiring an additional 7,635 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of NICE by 1.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 286,929 shares of the technology company’s stock worth $49,831,000 after purchasing an additional 4,411 shares during the last quarter. 63.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on NICE shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $200.00 price objective (down previously from $215.00) on shares of NICE in a research note on Thursday, December 19th. Cantor Fitzgerald assumed coverage on NICE in a research report on Friday, January 17th. They issued a “neutral” rating and a $176.00 price target for the company. Piper Sandler reissued a “neutral” rating on shares of NICE in a report on Thursday, November 14th. Citigroup raised their price objective on NICE from $330.00 to $334.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, StockNews.com raised NICE from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, NICE has a consensus rating of “Moderate Buy” and an average target price of $253.93.

NICE Price Performance

Shares of NICE stock opened at $178.23 on Friday. The firm has a fifty day moving average price of $172.14 and a two-hundred day moving average price of $173.20. NICE Ltd. has a fifty-two week low of $151.52 and a fifty-two week high of $270.73. The company has a market cap of $11.21 billion, a PE ratio of 27.59, a price-to-earnings-growth ratio of 1.22 and a beta of 1.06.

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.