B. Riley Wealth Advisors Inc. Acquires 192 Shares of NICE Ltd. (NASDAQ:NICE)

B. Riley Wealth Advisors Inc. lifted its holdings in shares of NICE Ltd. (NASDAQ:NICE) by 11.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,900 shares of the technology company’s stock after purchasing an additional 192 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in NICE were worth $327,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in NICE. Creative Financial Designs Inc. ADV boosted its position in NICE by 208.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock valued at $26,000 after buying an additional 100 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of NICE by 135.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 186 shares of the technology company’s stock valued at $32,000 after acquiring an additional 107 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in NICE during the 3rd quarter valued at about $38,000. Wilmington Savings Fund Society FSB bought a new position in NICE during the 3rd quarter worth approximately $41,000. Finally, GAMMA Investing LLC increased its stake in 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 period. Hedge funds and other institutional investors own 63.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NICE shares. Royal Bank of Canada restated an “outperform” rating and issued a $260.00 target price on shares of NICE in a report on Friday, November 15th. Northland Securities decreased their price objective on shares of NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a research report on Friday, November 15th. Piper Sandler reissued a “neutral” rating on shares of NICE in a research note on Thursday, November 14th. Citigroup boosted 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, Jefferies Financial Group reiterated a “hold” rating and issued a $200.00 price objective (down previously from $215.00) on shares of NICE in a report on Thursday. Three investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $259.50.

NICE Trading Up 0.3 %

Shares of NICE stock opened at $176.02 on Friday. The company’s fifty day moving average price is $180.70 and its 200-day moving average price is $174.10. The stock has a market cap of $11.07 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 1.46 and a beta of 1.05. NICE Ltd. has a 12 month low of $151.52 and a 12 month high of $270.73.

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.