Tyler Technologies’ (TYL) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of Tyler Technologies (NYSE:TYL) in a report published on Tuesday morning,Benzinga reports. Needham & Company LLC currently has a $750.00 price objective on the technology company’s stock.

A number of other research analysts have also recently issued reports on TYL. The Goldman Sachs Group began coverage on shares of Tyler Technologies in a report on Tuesday, January 13th. They issued a “buy” rating and a $560.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Tyler Technologies in a research report on Friday, January 9th. Robert W. Baird set a $660.00 price target on Tyler Technologies in a research report on Friday, October 31st. Piper Sandler cut their price objective on Tyler Technologies from $708.00 to $671.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Finally, UBS Group restated an “overweight” rating on shares of Tyler Technologies in a research note on Wednesday, October 8th. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Tyler Technologies presently has an average rating of “Moderate Buy” and an average price target of $607.57.

Tyler Technologies Stock Down 0.6%

TYL opened at $341.02 on Tuesday. The company has a market cap of $14.67 billion, a P/E ratio of 47.43, a price-to-earnings-growth ratio of 2.31 and a beta of 0.91. The firm’s 50-day moving average price is $439.19 and its 200-day moving average price is $495.98. Tyler Technologies has a 52-week low of $320.23 and a 52-week high of $661.31.

Insider Transactions at Tyler Technologies

In other Tyler Technologies news, Director Glenn A. Carter sold 500 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $458.73, for a total value of $229,365.00. Following the sale, the director owned 3,172 shares in the company, valued at approximately $1,455,091.56. This represents a 13.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Brian K. Miller sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $448.51, for a total transaction of $448,510.00. Following the sale, the chief financial officer directly owned 17,148 shares in the company, valued at $7,691,049.48. The trade was a 5.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 3,500 shares of company stock worth $1,605,605 in the last 90 days. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Tyler Technologies

Hedge funds have recently added to or reduced their stakes in the company. DLD Asset Management LP acquired a new position in shares of Tyler Technologies in the second quarter worth about $5,780,190,000. Norges Bank purchased a new position in shares of Tyler Technologies in the 2nd quarter valued at about $712,276,000. Van ECK Associates Corp increased its stake in shares of Tyler Technologies by 55.1% in the 3rd quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock valued at $444,740,000 after purchasing an additional 301,885 shares in the last quarter. Wellington Management Group LLP raised its holdings in Tyler Technologies by 72.5% in the 3rd quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock worth $314,302,000 after purchasing an additional 252,488 shares during the period. Finally, Impax Asset Management Group plc purchased a new position in Tyler Technologies during the fourth quarter worth approximately $106,740,000. 93.30% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Tyler Technologies

Here are the key news stories impacting Tyler Technologies this week:

• Positive Sentiment: Board approved a $1.0 billion share repurchase program, which supports earnings per share and signals capital-return focus. Tyler Technologies Announces $1 Billion Share Repurchase Plan
• Positive Sentiment: Tyler agreed to buy court-recording provider For The Record for $212.5M, expanding its court/justice software and AI-enabled capabilities — a strategic tuck-in that could boost SaaS revenue and cross‑sell opportunities. Tyler Acquires Court Tech Firm For the Record for $212.5M
• Positive Sentiment: Some sell‑side analysts remain constructive: Needham reiterated a Buy rating and TD Cowen maintained a Buy (while trimming targets), highlighting renewed SaaS momentum and defensive fundamentals. Needham & Company LLC Reiterates Buy Rating for Tyler Technologies
• Neutral Sentiment: Shares showed a prior intraday bounce on heavy volume and positive estimate revisions, per Zacks coverage — indicating short-term volatility and mixed investor positioning. Tyler Technologies (TYL) Surges 3.4%
• Neutral Sentiment: Zacks previewed upcoming earnings and flagged that the company may not have the ideal mix for an earnings beat—useful for near-term expectations but not a definitive fundamental shift. Tyler Technologies (TYL) Earnings Expected to Grow
• Neutral Sentiment: DA Davidson reiterated a Neutral rating, reflecting mixed analyst views that contribute to today’s trading dynamics. DA Davidson Reiterates “Neutral” Rating for Tyler Technologies
• Negative Sentiment: Market reaction included a sharp sell‑off coverage note: headlines highlighted an ~18% drop after the buyback and the AI court‑tech deal, showing investors may be reassessing valuation and near‑term execution risk. Tyler Technologies (TYL) Is Down 18.1% After US$1 Billion Buyback And AI Court Tech Deal
• Negative Sentiment: Wells Fargo cut its price target (from $470 to $420) and set an equal‑weight rating, signaling lower near‑term upside in some analysts’ views and likely contributing to selling pressure. Wells Fargo Lowers Price Target on Tyler Technologies

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.