H Lynn Moore, Jr. Sells 9,250 Shares of Tyler Technologies (NYSE:TYL) Stock

Tyler Technologies, Inc. (NYSE:TYL) CEO H. Moore, Jr. sold 9,250 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the completion of the transaction, the chief executive officer directly owned 100,392 shares in the company, valued at approximately $37,425,133.68. The trade was a 8.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Tyler Technologies Stock Performance

Shares of TYL opened at $342.27 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a 50 day moving average price of $329.22 and a two-hundred day moving average price of $326.48. The firm has a market capitalization of $14.02 billion, a P/E ratio of 45.39, a P/E/G ratio of 2.29 and a beta of 0.84. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $558.49.

Tyler Technologies (NYSE:TYL) last posted its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share 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 company had revenue of $645.10 million for the quarter, compared to analyst estimates of $647.95 million. During the same quarter last year, the company earned $2.91 earnings per share. The company’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 analysts forecast that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on TYL. DA Davidson reiterated a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a research note on Wednesday, June 10th. Piper Sandler dropped their price target 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. Weiss Ratings restated a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. JPMorgan Chase & Co. reduced their price objective on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Finally, Guggenheim started coverage on shares of Tyler Technologies in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $456.72.

Institutional Investors Weigh In On Tyler Technologies

Several large investors have recently made changes to their positions in the business. DV Equities LLC purchased a new position in shares of Tyler Technologies in the 4th quarter worth about $27,000. Raiffeisen Bank International AG increased its holdings in Tyler Technologies by 259.3% during the second quarter. Raiffeisen Bank International AG now owns 97 shares of the technology company’s stock worth $28,000 after buying an additional 70 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in Tyler Technologies during the fourth quarter worth about $29,000. Bayban bought a new stake in Tyler Technologies in the fourth quarter worth about $30,000. Finally, Quantbot Technologies LP bought a new stake in Tyler Technologies in the second quarter worth about $35,000. 93.30% of the stock is owned by hedge funds and other institutional investors.

About Tyler Technologies

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.