As Nice Ltd (NASDAQ:NICE) Price Rose, Shareholder Hmi Capital Llc Trimmed Its Position by $19.04 Million

May 17, 2018 - By Anthony Romero

NICE Ltd. (NASDAQ:NICE) Corporate Logo

According to 2018Q1 Securities and Exchange filling the Mick Hellman decreased its stake in Nice Ltd (NASDAQ:NICE) by 23.79%. The company’s stock Popped Up 2.77% while Hmi Capital Llc sold 204,760 shares. The computer manufacturing company at the end of 2018Q1 was valued at $61.60 million. It’s down from 860,562 at the end of the previous reported quarter. Now it had 655,802 shares held by the hedge fund run by Mick Hellman. Hmi Capital Llc has risen its stake in Ellie Mae Inc (NYSE:ELLI) and also increased its holding in Equinix Inc (NASDAQ:EQIX) by 66,337 shares in the quarter, for a total of 318,376 shares.

Hmi Capital Llc is a California-based hedge fund that was founded by Mick Hellman. It had more than $266.04 million assets under management in August, 2014. Taken from Hmi Capital latest Adv, the fund reported to have 7 full and part-time employees. Among which 6 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

NICE Ltd. (NASDAQ:NICE) Ratings Coverage

In total 5 analysts cover NICE (NASDAQ:NICE). “Buy” rating has 2, “Sell” are 0, while 3 are “Hold”. (NASDAQ:NICE) has 40% bullish analysts. 6 are the (NASDAQ:NICE)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Thursday, February 15 the rating was maintained by Oppenheimer with “Buy”. On Friday, February 16 the company was maintained by RBC Capital Markets. On Wednesday, December 13 Oppenheimer maintained NICE Ltd. (NASDAQ:NICE) rating. Oppenheimer has “Outperform” rating and $100 target. On Wednesday, February 21 the company was maintained by Chardan Capital Markets. On Thursday, January 18 the firm has “Buy” rating given by Jefferies.

NICE Ltd. provides enterprise software solutions worldwide.The firm is valued at $6.25 billion. The Company’s software solutions help organizations understand their clients and employees, and predict their intentions and needs to create customer experiences; understand their workforce to drive efficiency; and identify suspicious behavior to prevent financial crime, as well as non-compliant activities.44.83 is the P/E ratio. It operates in two divisions, Customer Engagement and Financial Crime & Compliance.

NICE Ltd. (NASDAQ:NICE) Analyst Ratings Chart

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