Mount Yale Investment Advisors LLC Acquires 280 Shares of NICE Ltd. (NASDAQ:NICE)

Mount Yale Investment Advisors LLC lifted its holdings in NICE Ltd. (NASDAQ:NICE) by 17.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,918 shares of the technology company’s stock after acquiring an additional 280 shares during the period. Mount Yale Investment Advisors LLC’s holdings in NICE were worth $326,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Creative Financial Designs Inc. ADV lifted its holdings in shares of NICE by 208.3% in the third 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 in the last quarter. ORG Wealth Partners LLC bought a new stake in NICE in the 3rd quarter worth approximately $38,000. Wilmington Savings Fund Society FSB bought a new stake in NICE in the 3rd quarter worth approximately $41,000. GAMMA Investing LLC raised its holdings in shares of NICE by 89.9% during the 3rd 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 boosted its position in shares of NICE by 48.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock valued at $48,000 after acquiring an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NICE Stock Performance

NICE stock opened at $166.00 on Thursday. 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 capitalization of $10.44 billion, a PE ratio of 25.70, a P/E/G ratio of 1.15 and a beta of 1.06. The company has a 50 day moving average price of $174.78 and a 200-day moving average price of $173.92.

Analyst Ratings Changes

NICE has been the topic of a number of recent research reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $260.00 price target on shares of NICE in a research note on Friday, November 15th. Cantor Fitzgerald began coverage on shares of NICE in a research report on Friday, January 17th. They set a “neutral” rating and a $176.00 target price on the stock. DA Davidson dropped their price target on NICE from $300.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Oppenheimer downgraded NICE from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. Finally, Northland Securities dropped their price objective on shares of NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, November 15th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, NICE presently has an average rating of “Moderate Buy” and a consensus target price 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.