Harbor Investment Advisory LLC Acquires 1,086 Shares of NICE Ltd. (NASDAQ:NICE)

Harbor Investment Advisory LLC boosted its stake in shares of NICE Ltd. (NASDAQ:NICE) by 122.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,974 shares of the technology company’s stock after acquiring an additional 1,086 shares during the quarter. Harbor Investment Advisory LLC’s holdings in NICE were worth $335,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV increased its position in shares of NICE by 208.3% during 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 during the last quarter. ORG Wealth Partners LLC purchased a new position in NICE during the third quarter worth $38,000. Wilmington Savings Fund Society FSB bought a new position in NICE during the third quarter valued at $41,000. GAMMA Investing LLC raised its stake in shares of 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, Allspring Global Investments Holdings LLC lifted its holdings in shares of NICE by 48.9% in the 3rd 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 during the last quarter. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

NICE Price Performance

NICE opened at $165.52 on Wednesday. The firm has a market capitalization of $10.41 billion, a PE ratio of 25.62, a price-to-earnings-growth ratio of 1.14 and a beta of 1.06. The business’s 50-day moving average is $176.37 and its two-hundred day moving average is $174.23. NICE Ltd. has a 1 year low of $151.52 and a 1 year high of $270.73.

Wall Street Analyst Weigh In

NICE has been the subject of several recent analyst reports. Cantor Fitzgerald began coverage on NICE in a research report on Friday, January 17th. They set a “neutral” rating and a $176.00 target price for the company. Piper Sandler reaffirmed a “neutral” rating on shares of NICE in a research report on Thursday, November 14th. Citigroup lifted their target price on NICE from $330.00 to $334.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Jefferies Financial Group reaffirmed a “hold” rating and set a $200.00 target price (down from $215.00) on shares of NICE in a research report on Thursday, December 19th. Finally, Oppenheimer lowered NICE from an “outperform” rating to a “market perform” rating in a report on Friday, November 15th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.93.

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.