APG Asset Management N.V. Has $413.56 Million Stock Holdings in Tyler Technologies, Inc. $TYL

APG Asset Management N.V. lowered its position in Tyler Technologies, Inc. (NYSE:TYL) by 2.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 768,379 shares of the technology company’s stock after selling 18,609 shares during the period. Tyler Technologies makes up about 1.3% of APG Asset Management N.V.’s portfolio, making the stock its 10th largest position. APG Asset Management N.V.’s holdings in Tyler Technologies were worth $413,560,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Retirement Wealth Solutions LLC bought a new stake in shares of Tyler Technologies in the 1st quarter valued at $26,000. Mowery & Schoenfeld Wealth Management LLC increased its position in shares of Tyler Technologies by 820.0% in the 1st quarter. Mowery & Schoenfeld Wealth Management LLC now owns 46 shares of the technology company’s stock valued at $27,000 after buying an additional 41 shares in the last quarter. Cornerstone Planning Group LLC increased its position in shares of Tyler Technologies by 221.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 61 shares of the technology company’s stock valued at $35,000 after buying an additional 42 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Tyler Technologies in the 1st quarter valued at $38,000. Finally, Kapitalo Investimentos Ltda bought a new stake in shares of Tyler Technologies in the 4th quarter valued at $40,000. Institutional investors own 93.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Robert W. Baird reduced their target price on shares of Tyler Technologies from $785.00 to $700.00 and set an “outperform” rating for the company in a research note on Friday, April 25th. Piper Sandler reduced their target price on shares of Tyler Technologies from $747.00 to $708.00 and set an “overweight” rating for the company in a research note on Friday, April 25th. Wall Street Zen lowered shares of Tyler Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, May 21st. Cantor Fitzgerald assumed coverage on shares of Tyler Technologies in a research note on Tuesday, June 3rd. They issued a “neutral” rating and a $600.00 target price for the company. Finally, Barclays upped their target price on shares of Tyler Technologies from $695.00 to $715.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $688.27.

Tyler Technologies Stock Down 1.1%

Shares of TYL stock opened at $560.5330 on Friday. The firm has a 50 day moving average price of $575.29 and a two-hundred day moving average price of $577.24. The company has a market capitalization of $24.25 billion, a PE ratio of 80.08, a price-to-earnings-growth ratio of 4.35 and a beta of 0.85. Tyler Technologies, Inc. has a 12-month low of $513.52 and a 12-month high of $661.31.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.13. The firm had revenue of $584.01 million during the quarter, compared to the consensus estimate of $587.59 million. Tyler Technologies had a net margin of 13.66% and a return on equity of 10.34%. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period last year, the business posted $2.40 earnings per share. Tyler Technologies has set its FY 2025 guidance at 11.200-11.500 EPS. As a group, research analysts expect that Tyler Technologies, Inc. will post 8.52 EPS for the current year.

Insider Transactions at Tyler Technologies

In other news, CEO H Lynn Moore, Jr. sold 5,250 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $588.89, for a total transaction of $3,091,672.50. Following the transaction, the chief executive officer directly owned 81,775 shares of the company’s stock, valued at approximately $48,156,479.75. This trade represents a 6.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Abigail Marshall Diaz-Pedrosa sold 375 shares of the firm’s stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $573.60, for a total transaction of $215,100.00. Following the transaction, the insider directly owned 247 shares in the company, valued at $141,679.20. This represents a 60.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,769 shares of company stock valued at $12,134,207. 1.10% of the stock is currently owned by company insiders.

About Tyler Technologies

Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.