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

Tyler Technologies, Inc. (NYSE:TYL) CEO H. Moore, Jr. sold 9,250 shares of the 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 transaction, the chief executive officer owned 100,392 shares of the company’s stock, valued at approximately $37,425,133.68. The trade was a 8.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Tyler Technologies Stock Performance

Shares of TYL stock opened at $348.10 on Wednesday. The firm has a market cap of $14.25 billion, a price-to-earnings ratio of 46.17, a P/E/G ratio of 2.40 and a beta of 0.84. 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, Inc. has a 52 week low of $270.71 and a 52 week high of $566.34. The firm’s 50-day simple moving average is $328.42 and its two-hundred day simple moving average is $326.32.

Tyler Technologies (NYSE:TYL) last released 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 net margin of 13.36% and a return on equity of 11.15%. The firm had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. During the same period in the prior year, the firm earned $2.91 EPS. The company’s revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, equities analysts forecast that Tyler Technologies, Inc. will post 10.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. BTIG Research decreased their target price on Tyler Technologies from $420.00 to $400.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. TD Cowen cut their price target on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, July 27th. Barclays lifted their price objective on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Zacks Research cut Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. Finally, DA Davidson reaffirmed a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. One investment 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $456.72.

Hedge Funds Weigh In On Tyler Technologies

A number of large investors have recently made changes to their positions in TYL. DV Equities LLC bought a new stake in shares of Tyler Technologies during the 4th quarter valued at $27,000. Elyxium Wealth LLC bought a new position in Tyler Technologies in the 4th quarter worth about $29,000. Advisors Asset Management Inc. purchased a new position in Tyler Technologies during the 1st quarter valued at about $38,000. Bayban bought a new stake in shares of Tyler Technologies during the fourth quarter valued at about $30,000. Finally, Geneos Wealth Management Inc. grew its stake in Tyler Technologies by 137.9% during the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after acquiring an additional 40 shares in the last quarter. 93.30% of the stock is owned by 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.