Tyler Technologies, Inc. $TYL Shares Sold by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust reduced its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 15.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 25,708 shares of the technology company’s stock after selling 4,724 shares during the period. Tyler Technologies comprises approximately 2.0% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings, making the stock its 23rd biggest position. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings in Tyler Technologies were worth $8,191,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TYL. V Square Quantitative Management LLC lifted its holdings in shares of Tyler Technologies by 16.6% during the third quarter. V Square Quantitative Management LLC now owns 1,192 shares of the technology company’s stock worth $380,000 after purchasing an additional 170 shares during the period. CX Institutional increased its holdings in Tyler Technologies by 13.3% in the third quarter. CX Institutional now owns 952 shares of the technology company’s stock valued at $303,000 after purchasing an additional 112 shares during the period. Tidal Investments LLC raised its position in Tyler Technologies by 47.0% during the 2nd quarter. Tidal Investments LLC now owns 7,038 shares of the technology company’s stock worth $2,058,000 after purchasing an additional 2,251 shares during the last quarter. Engineers Gate Manager LP bought a new position in Tyler Technologies during the 2nd quarter worth $1,172,000. Finally, C WorldWide Group Holding A S raised its position in Tyler Technologies by 30.3% during the 2nd quarter. C WorldWide Group Holding A S now owns 38,361 shares of the technology company’s stock worth $11,219,000 after purchasing an additional 8,928 shares during the last quarter. Institutional investors own 93.30% of the company’s stock.

Tyler Technologies Price Performance

TYL stock opened at $360.88 on Tuesday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The firm has a market cap of $14.78 billion, a price-to-earnings ratio of 40.19, a PEG ratio of 2.38 and a beta of 0.85. The company’s fifty day simple moving average is $343.52 and its 200 day simple moving average is $324.54. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $524.43.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, topping 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 period last year, the business posted $2.91 EPS. The business’s revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, analysts expect that Tyler Technologies, Inc. will post 10.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Piper Sandler initiated coverage on Tyler Technologies in a report on Monday, September 28th. They set an “overweight” rating and a $450.00 target price on the stock. Weiss Ratings raised Tyler Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, September 22nd. The Goldman Sachs Group downgraded Tyler Technologies from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $395.00 to $345.00 in a research report on Thursday, October 8th. Wells Fargo & Company raised Tyler Technologies from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $335.00 to $400.00 in a research note on Monday, October 12th. Finally, TD Cowen cut their price objective on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $453.89.

Insider Activity

In other news, COO Jeffrey Puckett sold 8,500 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the completion of the sale, the chief operating officer owned 7,784 shares in the company, valued at $2,774,528.96. The trade was a 52.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO H Lynn Moore, Jr. sold 9,250 shares of Tyler Technologies stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $372.79, for a total value of $3,448,307.50. Following the transaction, the chief executive officer owned 100,392 shares of the company’s stock, valued at $37,425,133.68. This trade represents a 8.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by corporate insiders.

Tyler Technologies Company Profile

Tyler Technologies, Inc provides integrated software and technology services to public-sector organizations. Its customers include municipalities, counties, states, courts, school districts, public safety agencies, and other government entities. The company’s solutions are designed to help public organizations manage operations, improve service delivery, and engage with residents and constituents.

Tyler’s product portfolio includes enterprise resource planning and financial management software, property tax and appraisal systems, court and justice solutions, public safety and emergency communications platforms, permitting and licensing tools, and software for schools and elections.