Tyler Technologies, Inc. $TYL Shares Sold by National Pension Service

National Pension Service decreased its position in Tyler Technologies, Inc. (NYSE:TYL) by 91.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 5,803 shares of the technology company’s stock after selling 64,319 shares during the period. National Pension Service’s holdings in Tyler Technologies were worth $1,697,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TYL. California State Teachers Retirement System grew its stake in Tyler Technologies by 29,674.6% in the 2nd quarter. California State Teachers Retirement System now owns 19,141,507 shares of the technology company’s stock worth $5,598,125,000 after acquiring an additional 19,077,219 shares during the period. BlackRock Inc. acquired a new stake in shares of Tyler Technologies during the second quarter worth $1,129,890,000. Norges Bank purchased a new stake in shares of Tyler Technologies in the fourth quarter valued at $921,035,000. Bank of America Corp DE acquired a new position in Tyler Technologies in the second quarter valued at $116,831,000. Finally, Van ECK Associates Corp lifted its position in Tyler Technologies by 43.2% during the fourth quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock worth $552,596,000 after buying an additional 367,203 shares during the period. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on TYL shares. Weiss Ratings restated a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. Piper Sandler decreased their target price on shares of Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. UBS Group set a $395.00 target price on shares of Tyler Technologies in a report on Saturday, August 1st. TD Cowen dropped their price target on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Finally, BTIG Research cut their price target on shares of Tyler Technologies from $420.00 to $400.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $456.72.

Tyler Technologies Price Performance

Shares of TYL stock opened at $336.55 on Monday. The firm has a fifty day simple moving average of $329.96 and a 200-day simple moving average of $326.74. The company has a market capitalization of $13.78 billion, a PE ratio of 44.64, a price-to-earnings-growth ratio of 2.22 and a beta of 0.84. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $553.19. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The firm had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. During the same quarter in the prior year, the business posted $2.91 earnings per share. Tyler Technologies’s revenue for the quarter was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities research analysts anticipate that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Insider Buying and Selling at Tyler Technologies

In related news, CEO H Lynn Moore, Jr. sold 9,250 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $372.79, for a total value of $3,448,307.50. Following the completion of the sale, the chief executive officer directly owned 100,392 shares of the company’s stock, valued at $37,425,133.68. The trade was a 8.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jeffrey 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 transaction, the chief operating officer directly owned 7,784 shares in the company, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by company insiders.

Tyler Technologies Profile

Tyler Technologies, Inc provides integrated software and technology services to the public sector. Its customers include local governments, state agencies, courts, schools and other public-sector organizations that use Tyler’s solutions to manage administrative, operational and citizen-facing functions.

The company’s product portfolio includes enterprise resource planning and financial management software, property tax and assessment systems, court and justice applications, public safety and emergency communications solutions, planning and regulatory systems, school administration software, and platforms for digital government services and electronic payments.