OAK Family Advisors, LLC fully exited its position in NICE (NICE 1.77%) during the fourth quarter, selling 28,021 shares in a transaction estimated at $4 million based on quarterly average pricing, according to a Feb. 3, 2026, SEC filing.
What happened
According to an SEC filing dated Feb. 3, 2026, OAK Family Advisors, LLC eliminated its entire holding in NICE, selling 28,021 shares. The estimated transaction value, calculated using the average fourth-quarter share price, was approximately $4 million. The fund reported zero shares remaining in NICE at quarter-end, with a total position value reduction of $4 million.
NASDAQ: NICE
Key Data Points
What else to know
- The NICE stake was fully liquidated and now accounts for n/a of reported 13F assets.
- Top holdings after the filing:
- NYSE:TSM: $17.7 million (4.9% of AUM)
- NYSE:BA: $14.5 million (3.9% of AUM)
- NYSE:NVO: $13.9 million (3.8% of AUM)
- NASDAQ:QCOM: $13.9 million (3.8% of AUM)
- NASDAQ:AZN: $13.2 million (3.6% of AUM)
- As of Feb. 2, 2026, shares of NICE were trading at $109.37, down 34.2% over the past year and underperforming the S&P 500 by 49.66 percentage points.
Company overview
| Metric | Value |
|---|---|
| Revenue (TTM) | $2.88 billion |
| Net Income (TTM) | $561.06 million |
| Price (as of market close 2/2/26) | $109.37 |
| One-Year Price Change | -32.82% |
Company snapshot
- Offers cloud-native platforms for AI-driven customer experience (CX), digital self-service, journey orchestration, compliance, and financial crime prevention, including flagship products such as CXone, Enlighten, and X-Sight.
- Generates revenue through cloud, analytics, digital evidence management, and compliance offerings.
- Serves a global customer base spanning enterprises, contact centers, public safety agencies, and financial institutions seeking advanced automation and compliance solutions.
NICE is a leading provider of cloud and AI-powered software solutions that enable organizations to optimize customer engagement, automate processes, and ensure regulatory compliance at scale. The company leverages a robust SaaS business model and extensive analytics capabilities to address complex needs in customer experience and financial crime prevention.
With a diversified suite of platforms and a global footprint, NICE maintains a competitive edge by integrating advanced AI and automation across its product ecosystem to drive digital transformation for enterprise clients.
What this transaction means for investors
Fund managers routinely adjust their holdings to fit changing market conditions and return expectations for different companies. NICE is planning to invest aggressively over the next few years to capture demand for artificial intelligence (AI)-powered software. This prompted investors to revise their earnings expectations, leading to a valuation rerating for the company.
Shares of NICE collapsed in the fourth quarter following lower-than-expected guidance. Wall Street analysts are also revising their long-term earnings projections down, which pressured the stock.
The firm also reduced positions in AI chipmaker Taiwan Semiconductor Manufacturing, while boosting positions in Boeing, Novo Nordisk, and Qualcomm. This shows a shift from reasonably priced growth stocks to potentially undervalued stocks in non-tech industries.
