Tyler Technologies’ (TYL) Buy Rating Reiterated at DA Davidson

Posted by Stanley Muller on May 16th, 2026

DA Davidson reiterated their buy rating on shares of Tyler Technologies (NYSE:TYL – Free Report) in a research note published on Wednesday,Benzinga reports. They currently have a $460.00 price target on the technology company’s stock.

Other analysts have also issued reports about the company. Weiss Ratings lowered Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Needham & Company LLC restated a “buy” rating and issued a $750.00 target price on shares of Tyler Technologies in a research note on Tuesday, February 3rd. Wells Fargo & Company decreased their target price on Tyler Technologies from $420.00 to $335.00 and set an “equal weight” rating on the stock in a research note on Friday, February 13th. Citizens Jmp restated a “market outperform” rating and issued a $500.00 target price on shares of Tyler Technologies in a research note on Tuesday, April 28th. Finally, Robert W. Baird set a $455.00 target price on Tyler Technologies in a research note 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $468.53.

Check Out Our Latest Stock Report on Tyler Technologies

Tyler Technologies Stock Performance

NYSE:TYL opened at $311.76 on Wednesday. Tyler Technologies has a 52-week low of $283.71 and a 52-week high of $621.34. The firm has a market cap of $13.15 billion, a price-to-earnings ratio of 43.06, a PEG ratio of 2.02 and a beta of 0.86. The business’s fifty day moving average is $337.29 and its 200 day moving average is $394.89.

Tyler Technologies (NYSE:TYL – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $608.66 million. During the same period in the previous year, the company posted $2.78 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Equities analysts predict that Tyler Technologies will post 9.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other Tyler Technologies news, Director Glenn A. Carter sold 1,624 shares of the company’s stock in a transaction dated 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 directly owned 5,298 shares in the company, valued at $1,849,743.72. This represents a 23.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew D. Teed acquired 1,600 shares of Tyler Technologies stock in a transaction dated Monday, February 23rd. The shares were purchased at an average price of $309.91 per share, for a total transaction of $495,856.00. Following the completion of the transaction, the director directly owned 5,118 shares in the company, valued at approximately $1,586,119.38. The trade was a 45.48% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders sold 7,298 shares of company stock worth $2,658,721. 1.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Tyler Technologies

Several institutional investors have recently modified their holdings of TYL. Norges Bank bought a new position in shares of Tyler Technologies during the 4th quarter valued at about $921,035,000. Van ECK Associates Corp increased its position in shares of Tyler Technologies by 43.2% during the 4th quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after purchasing an additional 367,203 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Tyler Technologies by 20.1% during the 1st quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company’s stock valued at $597,681,000 after purchasing an additional 291,564 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Tyler Technologies by 72.5% during the 3rd quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock valued at $314,302,000 after purchasing an additional 252,488 shares during the last quarter. Finally, Impax Asset Management Group plc bought a new position in shares of Tyler Technologies during the 4th quarter valued at about $106,740,000. 93.30% of the stock is currently owned by institutional investors.

About Tyler Technologies

(Get Free Report)

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.