2,867 Shares in NICE Ltd. (NASDAQ:NICE) Bought by Level Wealth Management LLC

Level Wealth Management LLC purchased a new stake in NICE Ltd. (NASDAQ:NICE) during the 4th quarter, Holdings Channel.com reports. The fund purchased 2,867 shares of the technology company’s stock, valued at approximately $487,000. NICE makes up 0.3% of Level Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted 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 worth $26,000 after buying an additional 100 shares during the period. ORG Wealth Partners LLC acquired a new position in NICE during the third quarter worth $38,000. Richardson Financial Services Inc. lifted its holdings in shares of NICE by 43.8% during the fourth quarter. Richardson Financial Services Inc. now owns 220 shares of the technology company’s stock valued at $38,000 after acquiring an additional 67 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of NICE in the 3rd quarter valued at $41,000. Finally, GAMMA Investing LLC grew its holdings in shares of NICE by 89.9% in the 3rd quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock worth $43,000 after purchasing an additional 116 shares during the last quarter. Institutional investors and hedge funds own 63.34% of the company’s stock.

NICE Trading Up 0.7 %

NICE stock opened at $166.14 on Friday. NICE Ltd. has a 1 year low of $151.52 and a 1 year high of $270.73. The company’s 50-day moving average is $174.47 and its two-hundred day moving average is $173.71. The company has a market cap of $10.45 billion, a PE ratio of 25.72, a PEG ratio of 1.16 and a beta of 1.06.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on NICE shares. Northland Securities cut their price target on shares of NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a report on Friday, November 15th. Jefferies Financial Group reiterated a “hold” rating and issued a $200.00 target price (down previously from $215.00) on shares of NICE in a research note on Thursday, December 19th. Cantor Fitzgerald started coverage on NICE in a research report on Friday, January 17th. They set a “neutral” rating and a $176.00 price target on the stock. Citigroup raised their price target on NICE from $330.00 to $334.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, DA Davidson reduced their price objective on NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $253.93.

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.