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Robocap Offloads 35,000 NICE Shares Worth $5.1 Million, According to Recent SEC Filing
Yahoo Finance· 2026-02-02 19:04
Company Overview - NICE Ltd. is a global provider of advanced cloud and AI-powered software solutions focused on customer experience, compliance, and financial crime prevention [9] - The company generates revenue primarily through enterprise software subscriptions and service contracts, supporting a recurring revenue model [8] - As of January 30, 2026, NICE reported a revenue of $2.90 billion and a net income of $565.88 million, with a share price of $106.41, reflecting a one-year price change of -35.51% [5] Recent Transaction - Robocap Asset Management Ltd fully exited its position in NICE during the fourth quarter of 2025, selling 34,940 shares for an estimated $5.06 million based on quarterly average pricing [1][2] - This sale reduced Robocap's exposure to NICE by 4.5% of reported U.S. equity assets, bringing its post-trade stake to 0% of 13F AUM [3] - The position previously accounted for 3.22% of Robocap's AUM as of September 2025 [4] Market Performance - As of January 30, 2026, shares of NICE were priced at $106.41, down 35.5% over the past year, underperforming the S&P 500 by 49.8 percentage points [3]