Legal & General Group Plc Has $93.05 Million Stock Holdings in Tyler Technologies, Inc. $TYL

Legal & General Group Plc decreased its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,973 shares of the technology company’s stock after selling 3,452 shares during the quarter. Legal & General Group Plc’s holdings in Tyler Technologies were worth $93,047,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Salomon & Ludwin LLC increased its position in Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after buying an additional 61 shares during the period. Elyxium Wealth LLC bought a new position in Tyler Technologies during the 4th quarter worth $29,000. Advisors Asset Management Inc. bought a new position in Tyler Technologies during the 1st quarter worth $38,000. Geneos Wealth Management Inc. increased its position in Tyler Technologies by 137.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after buying an additional 40 shares during the period. Finally, Cornerstone Planning Group LLC increased its position in Tyler Technologies by 3,900.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after buying an additional 78 shares during the period. Institutional investors and hedge funds own 93.30% of the company’s stock.

Insider Buying and Selling

In related news, Director Glenn A. Carter sold 1,624 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $349.14, for a total value of $567,003.36. Following the transaction, the director owned 5,298 shares in the company, valued at approximately $1,849,743.72. This trade represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Jeffrey David Puckett sold 5,174 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $369.93, for a total value of $1,914,017.82. Following the completion of the transaction, the chief operating officer owned 7,754 shares in the company, valued at $2,868,437.22. The trade was a 40.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 7,298 shares of company stock worth $2,658,721. Company insiders own 1.10% of the company’s stock.

Tyler Technologies Stock Performance

Shares of NYSE TYL opened at $312.84 on Friday. Tyler Technologies, Inc. has a 52 week low of $283.71 and a 52 week high of $621.34. The stock has a market capitalization of $13.19 billion, a P/E ratio of 43.21, a PEG ratio of 2.06 and a beta of 0.86. The stock’s fifty day moving average is $328.82 and its 200 day moving average is $383.32.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The company had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $608.66 million. During the same quarter last year, the business earned $2.78 earnings per share. Tyler Technologies’s revenue was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Equities research analysts forecast that Tyler Technologies, Inc. will post 9.89 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on TYL. Wells Fargo & Company lowered their price objective on Tyler Technologies from $420.00 to $335.00 and set an “equal weight” rating on the stock in a research report on Friday, February 13th. Needham & Company LLC reiterated a “buy” rating and set a $750.00 price objective on shares of Tyler Technologies in a research report on Tuesday, February 3rd. Truist Financial set a $440.00 price objective on Tyler Technologies in a research report on Friday, May 1st. The Goldman Sachs Group set a $420.00 price objective on Tyler Technologies in a research report on Friday, February 13th. Finally, Barclays increased their price objective on Tyler Technologies from $410.00 to $420.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Twelve equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $468.53.

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.