Investors sentiment decreased to 1.24 in Q2 2019. Its down 0.26, from 1.5 in 2019Q1. It is negative, as 24 investors sold NIC Inc. shares while 52 reduced holdings. 32 funds opened positions while 62 raised stakes. 55.39 million shares or 0.41% more from 55.17 million shares in 2019Q1 were reported.
Cardinal Capital invested 0.15% of its portfolio in NIC Inc. (NASDAQ:EGOV). Thompson Siegel And Walmsley Llc, Virginia-based fund reported 2,000 shares. Everence Mgmt holds 11,920 shares. Legal And General Group Plc has invested 0% in NIC Inc. (NASDAQ:EGOV). Blackrock Inc stated it has 10.26M shares or 0.01% of all its holdings. Voya Invest Mngmt Llc reported 73,539 shares. Arrowstreet Capital Partnership accumulated 1.19 million shares or 0.04% of the stock. Seizert Cap Limited Liability Com invested in 0.1% or 129,297 shares. Euclidean Mgmt Limited Liability Com owns 144,588 shares for 2.18% of their portfolio. Clearbridge Invs Ltd Liability Com owns 0% invested in NIC Inc. (NASDAQ:EGOV) for 2,002 shares. Morgan Stanley has 0% invested in NIC Inc. (NASDAQ:EGOV). Usa Finance Portformulas Corporation invested 0.15% of its portfolio in NIC Inc. (NASDAQ:EGOV). Cubist Systematic Strategies Ltd Liability Co reported 26,544 shares stake. Arizona State Retirement Systems owns 103,796 shares or 0.02% of their US portfolio. 5,484 are held by Ameritas Incorporated.
NIC Inc. (NASDAQ:EGOV) Ratings Coverage
Among 2 analysts covering NIC (NASDAQ:EGOV), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. NIC has $26 highest and $2100 lowest target. $24’s average target is 6.62% above currents $22.51 stock price. NIC had 6 analyst reports since August 1, 2019 according to SRatingsIntel. DA Davidson maintained it with “Neutral” rating and $2200 target in Tuesday, October 22 report. As per Thursday, August 1, the company rating was upgraded by DA Davidson. Barrington maintained NIC Inc. (NASDAQ:EGOV) rating on Monday, October 28. Barrington has “Buy” rating and $26 target. Below is a list of NIC Inc. (NASDAQ:EGOV) latest ratings and price target changes.
21/11/2019 Broker: BidaskScore Rating: Sell Downgrade
28/10/2019 Broker: Barrington Rating: Buy New Target: $26 Maintain
22/10/2019 Broker: DA Davidson Rating: Neutral Old Target: $21.0000 New Target: $22.0000 Maintain
20/09/2019 Broker: BidaskScore Rating: Hold Downgrade
17/09/2019 Broker: DA Davidson Old Rating: Buy New Rating: Neutral Downgrade
01/08/2019 Broker: DA Davidson Old Rating: Neutral New Rating: Buy Old Target: $18.0000 New Target: $21.0000 Upgrade
The stock increased 0.40% or $0.09 during the last trading session, reaching $22.51. About 186,830 shares traded. NIC Inc. (NASDAQ:EGOV) has risen 13.02% since December 4, 2018 and is uptrending. It has outperformed by 13.02% the S&P500.
NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. The company has market cap of $1.51 billion. The companyÂ’s Outsourced Portals business enters into long-term contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals on their behalf. It has a 30.21 P/E ratio. These portals consist of Websites and applications that enable businesses and citizens to access government information online and complete transactions, such as applying for a permit, retrieving government records, or filing a government-mandated form or report.
More notable recent NIC Inc. (NASDAQ:EGOV) news were published by: Bizjournals.com which released: “Olathe’s NIC hires new CTO – Kansas City Business Journal” on April 29, 2019, also Finance.Yahoo.com with their article: “NIC Inc. (NASDAQ:EGOV) Looks Interesting, And It’s About To Pay A Dividend – Yahoo Finance” published on September 01, 2019, Finance.Yahoo.com published: “How Much Are NIC Inc. (NASDAQ:EGOV) Insiders Taking Off The Table? – Yahoo Finance” on October 31, 2019. More interesting news about NIC Inc. (NASDAQ:EGOV) were released by: Finance.Yahoo.com and their article: “What Kind Of Share Price Volatility Should You Expect For NIC Inc. (NASDAQ:EGOV)? – Yahoo Finance” published on October 11, 2019 as well as Businesswire.com‘s news article titled: “NIC Inc. Launches RxGov® Prescription Drug Monitoring Platform for State of Maryland – Business Wire” with publication date: June 03, 2019.
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