Tyler Technologies (NYSE:TYL) COO Sells 8,500 Shares

Tyler Technologies, Inc. (NYSE:TYL) COO Jeffrey David Puckett sold 8,500 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $356.44, for a total value of $3,029,740.00. Following the completion of the transaction, the chief operating officer owned 7,784 shares in the company, valued at approximately $2,774,528.96. The trade was a 52.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Tyler Technologies Stock Up 0.9%

Shares of NYSE TYL traded up $3.20 during midday trading on Wednesday, hitting $353.26. 576,346 shares of the stock traded hands, compared to its average volume of 721,070. The company has a market cap of $14.47 billion, a PE ratio of 46.85, a P/E/G ratio of 2.34 and a beta of 0.81. Tyler Technologies, Inc. has a one year low of $270.71 and a one year high of $566.58. The business has a 50 day moving average price of $311.74 and a two-hundred day moving average price of $323.41. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.03. The company had revenue of $645.10 million for the quarter, compared to analysts’ expectations of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.Tyler Technologies’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, equities analysts predict that Tyler Technologies, Inc. will post 10.13 EPS for the current year.

Hedge Funds Weigh In On Tyler Technologies

Hedge funds have recently modified their holdings of the company. DV Equities LLC bought a new position in shares of Tyler Technologies in the fourth quarter valued at approximately $27,000. Raiffeisen Bank International AG boosted its position in Tyler Technologies by 259.3% in the second quarter. Raiffeisen Bank International AG now owns 97 shares of the technology company’s stock worth $28,000 after purchasing an additional 70 shares during the last quarter. Elyxium Wealth LLC purchased a new position in Tyler Technologies in the fourth quarter worth $29,000. Bayban bought a new position in Tyler Technologies in the 4th quarter valued at $30,000. Finally, Cornerstone Planning Group LLC grew its stake in Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after purchasing an additional 78 shares during the period. Institutional investors own 93.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TYL shares. Weiss Ratings restated a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. Guggenheim began coverage on Tyler Technologies in a report on Wednesday, July 22nd. They set a “buy” rating and a $440.00 price objective for the company. Robert W. Baird set a $455.00 price objective on Tyler Technologies in a research note on Friday, May 1st. DA Davidson reaffirmed a “buy” rating and set a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Finally, BTIG Research decreased their price target on Tyler Technologies from $420.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $456.72.

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.