SG Americas Securities LLC Has $8.19 Million Stake in Tyler Technologies, Inc. $TYL

SG Americas Securities LLC trimmed its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL) by 29.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,906 shares of the technology company’s stock after selling 9,869 shares during the period. SG Americas Securities LLC’s holdings in Tyler Technologies were worth $8,185,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TYL. Salomon & Ludwin LLC boosted its stake in 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 during the last quarter. DV Equities LLC bought a new stake in shares of Tyler Technologies during the 4th quarter valued at $27,000. Elyxium Wealth LLC acquired a new position in shares of Tyler Technologies in the 4th quarter valued at $29,000. Bayban bought a new position in shares of Tyler Technologies in the 4th quarter worth $30,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Stock Up 4.9%

Shares of TYL stock opened at $294.82 on Friday. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $621.34. The company’s fifty day simple moving average is $313.16 and its 200-day simple moving average is $359.62. The firm has a market cap of $12.43 billion, a PE ratio of 40.72, a P/E/G ratio of 1.96 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The firm had revenue of $613.50 million for the quarter, compared to analyst estimates of $608.66 million. During the same period in the previous year, the business earned $2.78 EPS. The company’s revenue was up 8.5% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, equities analysts predict that Tyler Technologies, Inc. will post 10.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Citizens Jmp reiterated a “market outperform” rating and issued a $500.00 price objective on shares of Tyler Technologies in a report on Tuesday, April 28th. Robert W. Baird set a $455.00 target price on Tyler Technologies in a research report on Friday, May 1st. Weiss Ratings cut Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Barclays increased their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Finally, BTIG Research reissued a “buy” rating and set a $420.00 price objective on shares of Tyler Technologies in a research note on Wednesday, June 10th. Thirteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $472.38.

About Tyler Technologies

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.