Tyler Technologies (NYSE:TYL) COO Jeffrey David Puckett Sells 8,500 Shares of Stock

Tyler Technologies, Inc. (NYSE:TYL) COO Jeffrey David Puckett sold 8,500 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $2,774,528.96. This trade represents a 52.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Tyler Technologies Stock Performance

NYSE TYL opened at $353.26 on Thursday. Tyler Technologies, Inc. has a 52-week low of $270.71 and a 52-week high of $566.58. The company has a fifty day moving average of $313.04 and a 200-day moving average of $323.50. The company has a market capitalization of $14.47 billion, a P/E ratio of 46.85, a P/E/G ratio of 2.30 and a beta of 0.81. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55.

Tyler Technologies (NYSE:TYL) last released its earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS 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 business had revenue of $645.10 million for the quarter, compared to analysts’ expectations of $647.95 million. During the same quarter in the prior year, the firm earned $2.91 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, equities research analysts predict that Tyler Technologies, Inc. will post 10.13 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on TYL. Cantor Fitzgerald raised their price objective on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Truist Financial set a $440.00 target price on Tyler Technologies in a research note on Friday, May 1st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st. Guggenheim assumed coverage on shares of Tyler Technologies in a research note on Wednesday, July 22nd. They set a “buy” rating and a $440.00 price target on the stock. Finally, UBS Group set a $395.00 price objective on shares of Tyler Technologies in a report on Saturday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $456.72.

Hedge Funds Weigh In On Tyler Technologies

A number of hedge funds have recently modified their holdings of TYL. Cerity Partners LLC boosted its position in Tyler Technologies by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock valued at $1,754,000 after buying an additional 19 shares during the period. Coldstream Capital Management Inc. increased its position in shares of Tyler Technologies by 2.0% during the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock worth $611,000 after acquiring an additional 23 shares during the period. Brown Brothers Harriman & Co. raised its stake in shares of 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 acquiring an additional 27 shares in the last quarter. Glenmede Investment Management LP raised its stake in shares of Tyler Technologies by 4.9% in the third quarter. Glenmede Investment Management LP now owns 615 shares of the technology company’s stock valued at $322,000 after acquiring an additional 29 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Tyler Technologies by 17.8% in the first quarter. Blue Trust Inc. now owns 199 shares of the technology company’s stock valued at $68,000 after purchasing an additional 30 shares during the period. Hedge funds and other institutional investors own 93.30% of the company’s stock.

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.