Ashford Capital Management Inc. Sells 10,609 Shares of Tyler Technologies, Inc. $TYL

Ashford Capital Management Inc. reduced its stake in Tyler Technologies, Inc. (NYSE:TYLFree Report) by 33.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,584 shares of the technology company’s stock after selling 10,609 shares during the quarter. Ashford Capital Management Inc.’s holdings in Tyler Technologies were worth $7,390,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. American Capital Management Inc. boosted its holdings in shares of Tyler Technologies by 348.9% during the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company’s stock worth $33,876,000 after acquiring an additional 76,903 shares during the period. Quantinno Capital Management LP increased its stake in shares of Tyler Technologies by 93.0% during the first quarter. Quantinno Capital Management LP now owns 61,857 shares of the technology company’s stock worth $21,179,000 after purchasing an additional 29,812 shares during the period. Delta Global Management LP bought a new position in shares of Tyler Technologies during the first quarter worth approximately $1,963,000. OMERS ADMINISTRATION Corp lifted its holdings in Tyler Technologies by 32.7% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 2,011 shares of the technology company’s stock worth $689,000 after purchasing an additional 495 shares during the last quarter. Finally, Waverly Advisors LLC boosted its stake in Tyler Technologies by 1.6% in the 1st quarter. Waverly Advisors LLC now owns 12,751 shares of the technology company’s stock valued at $4,366,000 after purchasing an additional 205 shares during the period. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Stock Performance

Shares of TYL opened at $315.87 on Tuesday. Tyler Technologies, Inc. has a 52-week low of $270.71 and a 52-week high of $621.34. The firm has a market cap of $13.32 billion, a price-to-earnings ratio of 43.63, a PEG ratio of 1.97 and a beta of 0.82. The business’s fifty day moving average is $303.82 and its 200-day moving average is $337.22.

Tyler Technologies (NYSE:TYLGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.08. The business had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.Tyler Technologies’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the company earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, research analysts forecast that Tyler Technologies, Inc. will post 10.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TYL. Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a research note on Friday, May 1st. JPMorgan Chase & Co. cut their price objective on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Barclays increased their price objective on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Guggenheim began coverage on shares of Tyler Technologies in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 target price for the company. Finally, BTIG Research reaffirmed a “buy” rating and set a $420.00 price target 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, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $464.59.

Check Out Our Latest Research Report on TYL

About Tyler Technologies

(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.

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Institutional Ownership by Quarter for Tyler Technologies (NYSE:TYL)

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