Tyler Technologies, Inc. $TYL Shares Acquired by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC increased its stake in shares of Tyler Technologies, Inc. (NYSE:TYL) by 6.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,908 shares of the technology company’s stock after purchasing an additional 7,442 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Tyler Technologies were worth $39,342,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted its stake in shares of Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after purchasing an additional 61 shares during the last quarter. DV Equities LLC acquired a new position in shares of Tyler Technologies in the fourth quarter valued at approximately $27,000. Elyxium Wealth LLC purchased a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $29,000. Bayban purchased a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $30,000. Finally, Cornerstone Planning Group LLC boosted its position in Tyler Technologies by 3,900.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after acquiring an additional 78 shares during the last quarter. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. BTIG Research reiterated a “buy” rating and issued a $420.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Citizens Jmp restated a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a report on Tuesday, April 28th. Barclays upped their target price on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Robert W. Baird set a $455.00 target price on Tyler Technologies in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. reduced their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Thirteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Tyler Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $472.38.

Tyler Technologies Price Performance

Tyler Technologies stock opened at $302.16 on Thursday. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $621.34. The company has a fifty day moving average price of $310.31 and a two-hundred day moving average price of $355.55. The company has a market cap of $12.74 billion, a PE ratio of 41.73, a P/E/G ratio of 1.95 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The company had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $608.66 million. During the same period in the prior year, the company earned $2.78 earnings per share. The firm’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. Equities research analysts anticipate that Tyler Technologies, Inc. will post 10.02 earnings per share for the current year.

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.