NEOS Investment Management LLC Boosts Holdings in Tyler Technologies, Inc. $TYL

NEOS Investment Management LLC raised its position in Tyler Technologies, Inc. (NYSE:TYL) by 25.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,277 shares of the technology company’s stock after acquiring an additional 1,454 shares during the period. NEOS Investment Management LLC’s holdings in Tyler Technologies were worth $2,128,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. DV Equities LLC acquired a new position in shares of Tyler Technologies during the fourth quarter worth $27,000. Elyxium Wealth LLC acquired a new stake in shares of Tyler Technologies in the 4th quarter worth $29,000. Advisors Asset Management Inc. acquired a new stake in shares of Tyler Technologies in the 1st quarter worth $38,000. Bayban purchased a new position in Tyler Technologies during the 4th quarter worth $30,000. Finally, Geneos Wealth Management Inc. grew its stake in Tyler Technologies by 137.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after buying an additional 40 shares during the last quarter. 93.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. UBS Group set a $395.00 price target on Tyler Technologies in a research note on Saturday, August 1st. Weiss Ratings restated a “sell (d+)” rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. DA Davidson restated a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. BTIG Research decreased their price objective on shares of Tyler Technologies from $420.00 to $400.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Finally, Barclays lifted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Tyler Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $456.72.

Insider Buying and Selling

In related news, CEO H. Moore, Jr. sold 9,250 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $37,425,133.68. This represents a 8.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jeffrey Puckett sold 8,500 shares of Tyler Technologies stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the sale, the chief operating officer owned 7,784 shares of the company’s stock, valued at approximately $2,774,528.96. The trade was a 52.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by corporate insiders.

Tyler Technologies Stock Performance

Shares of TYL stock opened at $363.48 on Tuesday. The firm has a market capitalization of $14.88 billion, a price-to-earnings ratio of 48.21, a price-to-earnings-growth ratio of 2.40 and a beta of 0.84. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55. The business has a fifty day moving average of $327.32 and a 200 day moving average of $326.10. Tyler Technologies, Inc. has a 1 year low of $270.71 and a 1 year high of $566.58.

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

Tyler Technologies Company 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.