Commonwealth Equity Services LLC Decreases Stock Position in Tyler Technologies, Inc. $TYL

Commonwealth Equity Services LLC lessened its position in Tyler Technologies, Inc. (NYSE:TYL) by 13.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,298 shares of the technology company’s stock after selling 1,684 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Tyler Technologies were worth $5,129,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TYL. Salomon & Ludwin LLC lifted its position in shares of Tyler Technologies by 6,100.0% in the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after acquiring an additional 61 shares in the last quarter. Elyxium Wealth LLC purchased a new position in shares of Tyler Technologies in the fourth quarter valued at approximately $29,000. Cornerstone Planning Group LLC lifted its position in shares of Tyler Technologies by 3,900.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after acquiring an additional 78 shares in the last quarter. Sfam LLC purchased a new position in shares of Tyler Technologies in the fourth quarter valued at approximately $37,000. Finally, Advisors Asset Management Inc. purchased a new position in shares of Tyler Technologies in the first quarter valued at approximately $38,000. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Insider Buying and Selling at Tyler Technologies

In other news, Director Glenn A. Carter sold 1,624 shares of Tyler Technologies stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $349.14, for a total value of $567,003.36. Following the completion of the sale, the director directly owned 5,298 shares of the company’s stock, valued at approximately $1,849,743.72. The trade was a 23.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.10% of the company’s stock.

Tyler Technologies Stock Up 1.5%

NYSE:TYL opened at $312.62 on Friday. Tyler Technologies, Inc. has a 52 week low of $283.71 and a 52 week high of $621.34. The company has a market capitalization of $13.18 billion, a P/E ratio of 43.18, a P/E/G ratio of 2.10 and a beta of 0.82. The stock’s fifty day moving average is $325.74 and its two-hundred day moving average is $377.97.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The business had revenue of $613.50 million during the quarter, compared to analysts’ expectations of $608.66 million. During the same period in the previous year, the firm posted $2.78 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Sell-side analysts anticipate that Tyler Technologies, Inc. will post 9.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Cantor Fitzgerald increased their price target on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Oppenheimer cut their price target on Tyler Technologies from $510.00 to $450.00 and set an “outperform” rating for the company in a report on Friday, February 13th. The Goldman Sachs Group set a $420.00 price target on Tyler Technologies in a report on Friday, February 13th. Barclays increased their price target on Tyler Technologies from $410.00 to $420.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $500.00 price target on shares of Tyler Technologies in a report on Tuesday, April 28th. Twelve research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $468.53.

Tyler Technologies 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.