Caxton Associates LLP Makes New Investment in Tyler Technologies, Inc. $TYL

Caxton Associates LLP bought a new stake in shares of Tyler Technologies, Inc. (NYSE:TYL) in the 1st quarter, Holdings Channel reports. The institutional investor bought 14,891 shares of the technology company’s stock, valued at approximately $5,098,000.

A number of other large investors also recently made changes to their positions in TYL. Cerity Partners LLC boosted its position in shares of Tyler Technologies by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after purchasing an additional 19 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in Tyler Technologies by 2.0% in the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after purchasing an additional 23 shares during the last quarter. Signaturefd LLC lifted its stake in Tyler Technologies by 4.4% in the fourth quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock valued at $291,000 after buying an additional 27 shares during the period. Brown Brothers Harriman & Co. lifted its stake in Tyler Technologies by 35.5% in the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after buying an additional 27 shares during the period. Finally, Apollon Wealth Management LLC boosted its holdings in Tyler Technologies by 7.0% during the fourth quarter. Apollon Wealth Management LLC now owns 445 shares of the technology company’s stock worth $202,000 after buying an additional 29 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Stock Performance

Shares of TYL opened at $288.45 on Friday. The stock has a 50 day simple moving average of $304.20 and a 200 day simple moving average of $339.13. Tyler Technologies, Inc. has a 52-week low of $270.71 and a 52-week high of $621.34. The firm has a market capitalization of $12.16 billion, a PE ratio of 39.84, a P/E/G ratio of 1.89 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last announced its earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping the consensus estimate of $3.01 by $0.08. The firm had revenue of $613.50 million for the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the company posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Equities research analysts predict that Tyler Technologies, Inc. will post 10.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TYL. Truist Financial set a $440.00 target price on Tyler Technologies in a research report on Friday, May 1st. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Guggenheim assumed coverage on shares of Tyler Technologies in a report on Wednesday. They set a “buy” rating and a $440.00 price objective for the company. Weiss Ratings downgraded shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Finally, Barclays increased their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Fourteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $470.47.

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.