18,839 Shares in Tyler Technologies, Inc. $TYL Purchased by Sone Capital Management LLC

Sone Capital Management LLC purchased a new stake in shares of Tyler Technologies, Inc. (NYSE:TYL – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 18,839 shares of the technology company’s stock, valued at approximately $5,510,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DV Equities LLC acquired a new stake in shares of Tyler Technologies during the fourth quarter worth approximately $27,000. Elyxium Wealth LLC acquired a new position in shares of Tyler Technologies in the 4th quarter worth approximately $29,000. Advisors Asset Management Inc. acquired a new position in shares of Tyler Technologies in the 1st quarter worth approximately $38,000. Bayban bought a new stake in Tyler Technologies during the 4th quarter worth approximately $30,000. Finally, Geneos Wealth Management Inc. increased its holdings in Tyler Technologies by 137.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after purchasing an additional 40 shares in the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

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Tyler Technologies Trading Up 1.5%

Shares of TYL opened at $355.84 on Tuesday. The stock’s fifty day simple moving average is $310.71 and its 200-day simple moving average is $323.36. The firm has a market capitalization of $14.57 billion, a PE ratio of 47.19, a price-to-earnings-growth ratio of 2.31 and a beta of 0.81. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $566.58. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46.

Tyler Technologies (NYSE:TYL – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $3.05 by $0.03. The firm had revenue of $645.10 million during the quarter, compared to analyst estimates of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company’s revenue was up 8.2% on a year-over-year basis. During the same period last year, the company earned $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, research analysts predict that Tyler Technologies, Inc. will post 10.13 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on TYL shares. Cantor Fitzgerald lifted their price objective on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Barclays increased their target price on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. UBS Group set a $395.00 target price on Tyler Technologies in a research note on Saturday, August 1st. 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 report on Monday, July 27th. Finally, Truist Financial set a $440.00 price target on shares of Tyler Technologies in a research report on Friday, May 1st. Two equities research analysts have 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 company’s stock. According to MarketBeat.com, Tyler Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $456.72.

Check Out Our Latest Analysis on TYL

Tyler Technologies Profile

(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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