GSA Capital Partners LLP Makes New $418,000 Investment in Tyler Technologies, Inc. $TYL

GSA Capital Partners LLP bought a new position in Tyler Technologies, Inc. (NYSE:TYL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,429 shares of the technology company’s stock, valued at approximately $418,000.

A number of other large investors have also made changes to their positions in the company. Cerity Partners LLC boosted its stake in Tyler Technologies by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after purchasing an additional 19 shares during the period. Coldstream Capital Management Inc. raised its stake in Tyler Technologies by 2.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after purchasing an additional 23 shares during the period. Brown Brothers Harriman & Co. raised its stake in Tyler Technologies by 35.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after purchasing an additional 27 shares during the period. Glenmede Investment Management LP lifted its holdings in shares of Tyler Technologies by 4.9% in the third quarter. Glenmede Investment Management LP now owns 615 shares of the technology company’s stock valued at $322,000 after purchasing an additional 29 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Tyler Technologies by 17.8% in the first quarter. Blue Trust Inc. now owns 199 shares of the technology company’s stock worth $68,000 after buying an additional 30 shares during the period. Institutional investors and hedge funds own 93.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TYL. Weiss Ratings reiterated a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. UBS Group set a $395.00 price objective on Tyler Technologies in a research note on Saturday, August 1st. Truist Financial set a $440.00 price objective on Tyler Technologies in a research report on Friday, May 1st. DA Davidson reiterated a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a report on Wednesday, June 10th. Finally, Barclays increased their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Tyler Technologies has an average rating of “Moderate Buy” and an average price target of $456.72.

Tyler Technologies Price Performance

NYSE:TYL opened at $350.75 on Friday. Tyler Technologies, Inc. has a one year low of $270.71 and a one year high of $566.95. The stock has a market cap of $14.36 billion, a P/E ratio of 46.52, a PEG ratio of 2.29 and a beta of 0.81. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55. The company has a fifty day moving average price of $309.38 and a 200 day moving average price of $323.47.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.03. The firm had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. Tyler Technologies had a net margin of 13.36% and a return on equity of 11.15%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Analysts anticipate that Tyler Technologies, Inc. will post 10.12 earnings per share for the current year.

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.