Oregon Public Employees Retirement Fund Increases Position in Tyler Technologies, Inc. $TYL

Oregon Public Employees Retirement Fund increased its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 30.4% during the third quarter, Holdings Channel reports. The fund owned 4,915 shares of the technology company’s stock after acquiring an additional 1,147 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Tyler Technologies were worth $2,571,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Lazard Freres Gestion S.A.S. grew its position in shares of Tyler Technologies by 150.0% in the third quarter. Lazard Freres Gestion S.A.S. now owns 5,000 shares of the technology company’s stock valued at $2,615,000 after purchasing an additional 3,000 shares during the period. ProShare Advisors LLC boosted its stake in Tyler Technologies by 7.8% in the 2nd quarter. ProShare Advisors LLC now owns 11,511 shares of the technology company’s stock worth $6,824,000 after buying an additional 834 shares during the last quarter. Blair William & Co. IL increased its stake in shares of Tyler Technologies by 0.9% during the 2nd quarter. Blair William & Co. IL now owns 424,768 shares of the technology company’s stock valued at $251,819,000 after acquiring an additional 3,894 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of Tyler Technologies by 25.6% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 79,178 shares of the technology company’s stock valued at $46,940,000 after acquiring an additional 16,133 shares during the last quarter. Finally, Westwood Holdings Group Inc. lifted its holdings in shares of Tyler Technologies by 48.8% during the 2nd quarter. Westwood Holdings Group Inc. now owns 10,890 shares of the technology company’s stock worth $6,456,000 after acquiring an additional 3,571 shares during the period. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Insider Buying and Selling at Tyler Technologies

In other Tyler Technologies news, CFO Brian K. Miller sold 1,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $469.08, for a total value of $469,080.00. Following the completion of the transaction, the chief financial officer directly owned 12,781 shares of the company’s stock, valued at $5,995,311.48. This represents a 7.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Glenn A. Carter sold 500 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $458.73, for a total value of $229,365.00. Following the sale, the director owned 3,172 shares of the company’s stock, valued at $1,455,091.56. This represents a 13.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,500 shares of company stock valued at $1,605,605 over the last 90 days. Insiders own 1.10% of the company’s stock.

Tyler Technologies Stock Performance

TYL stock opened at $446.30 on Tuesday. The firm has a market cap of $19.20 billion, a P/E ratio of 62.07, a price-to-earnings-growth ratio of 3.03 and a beta of 0.91. Tyler Technologies, Inc. has a 1 year low of $430.00 and a 1 year high of $661.31. The stock has a 50-day simple moving average of $459.43 and a 200-day simple moving average of $515.85.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.97 earnings per share for the quarter, topping analysts’ consensus estimates of $2.88 by $0.09. Tyler Technologies had a return on equity of 10.57% and a net margin of 13.72%.The firm had revenue of $595.88 million during the quarter, compared to analysts’ expectations of $594.34 million. During the same quarter in the prior year, the business earned $2.52 EPS. Tyler Technologies’s quarterly revenue was up 10.2% compared to the same quarter last year. Tyler Technologies has set its FY 2025 guidance at 11.300-11.500 EPS. On average, equities research analysts predict that Tyler Technologies, Inc. will post 8.52 EPS for the current year.

Analyst Upgrades and Downgrades

TYL has been the topic of a number of recent analyst reports. Stifel Nicolaus initiated coverage on shares of Tyler Technologies in a research note on Wednesday, January 7th. They set a “buy” rating and a $550.00 price target on the stock. Cowen initiated coverage on Tyler Technologies in a report on Friday, December 12th. They issued a “buy” rating on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Tyler Technologies in a research note on Friday. Wells Fargo & Company reduced their price objective on Tyler Technologies from $525.00 to $470.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, Robert W. Baird set a $660.00 target price on shares of Tyler Technologies in a research report on Friday, October 31st. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $632.21.

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.