Hmi Capital Llc Lowered Nice Ltd (NASDAQ:NICE) Position as Price Rose

May 17, 2018 - By Benjamin Allen

NICE Ltd. (NASDAQ:NICE) Corporate Logo

Based on the latest 2018Q1 regulatory filing with the SEC, Mick Hellman reduced its stake in Nice Ltd (NASDAQ:NICE) by 23.79%. The company’s stock rose 2.77% while stock markets declined as Hmi Capital Llc sold 204,760 shares. The computer manufacturing company at the end of 2018Q1 was priced at $61.60M. 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. For a total of 318,376 shares it increased its holding in Equinix Inc (NASDAQ:EQIX) by 66,337 shares in the quarter, and has risen its stake in Apollo Global Mgmt Llc (NYSE:APO).

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”. 40% are bullish. 6 are the (NASDAQ:NICE)’s analyst reports since December 13, 2017 according to StockzIntelligence Inc. On Wednesday, February 21 the stock has “Hold” rating by Chardan Capital Markets. On Thursday, January 18 the stock of NICE Ltd. (NASDAQ:NICE) earned “Buy” rating by Jefferies. In Friday, February 16 report RBC Capital Markets maintained it with “Hold” rating and $99.0 target. On Wednesday, December 13 the stock of NICE Ltd. (NASDAQ:NICE) earned “Outperform” rating by Oppenheimer. On Thursday, February 15 the firm has “Buy” rating given by Oppenheimer.

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.The P/E ratio is 44.83. It operates in two divisions, Customer Engagement and Financial Crime & Compliance.

NICE Ltd. (NASDAQ:NICE) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.