News coverage about Tyler Technologies (NYSE:TYL) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tyler Technologies earned a news impact score of 0.20 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.7975362604133 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Tyler Technologies (TYL) Receives New Coverage from Analysts at Robert W. Baird (americanbankingnews.com)
- Form 4 TYLER TECHNOLOGIES INC For: Mar 09 Filed by: Carter Glenn A (streetinsider.com)
- Tyler Technologies to Provide Enterprise Resource Planning Solution to Metro Atlanta School District (finance.yahoo.com)
- Insider Selling: Tyler Technologies, Inc. (TYL) Director Sells 20,000 Shares of Stock (americanbankingnews.com)
- Evercore ISI Downgrades Tyler Technologies to Hold – Analyst Ratings (analystratings.com)
Shares of Tyler Technologies (NYSE TYL) traded up $0.88 on Tuesday, reaching $209.48. 271,720 shares of the company’s stock traded hands, compared to its average volume of 254,863. Tyler Technologies has a 1-year low of $152.00 and a 1-year high of $213.38. The firm has a market capitalization of $7,870.00, a P/E ratio of 57.71 and a beta of 0.97.
A number of research firms have recently weighed in on TYL. DA Davidson began coverage on shares of Tyler Technologies in a research report on Wednesday, March 7th. They issued a “neutral” rating and a $190.00 price target for the company. Piper Jaffray Companies reiterated an “overweight” rating and issued a $220.00 price target on shares of Tyler Technologies in a research report on Tuesday, January 16th. Zacks Investment Research downgraded shares of Tyler Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Maxim Group lifted their price target on shares of Tyler Technologies from $197.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, February 16th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $235.00 price target on shares of Tyler Technologies in a research report on Friday, February 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Tyler Technologies presently has an average rating of “Buy” and an average target price of $203.70.
In other Tyler Technologies news, CEO John S. Marr, Jr. sold 41,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $209.05, for a total transaction of $8,571,050.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President H Lynn Moore, Jr. sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $179.57, for a total transaction of $1,077,420.00. Following the transaction, the president now owns 61,278 shares of the company’s stock, valued at $11,003,690.46. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 219,411 shares of company stock valued at $42,782,608. Company insiders own 10.30% of the company’s stock.
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About Tyler Technologies
Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.
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