ING Groep NV Takes Position in Tyler Technologies, Inc. $TYL

ING Groep NV bought a new stake in Tyler Technologies, Inc. (NYSE:TYLFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,661 shares of the technology company’s stock, valued at approximately $9,379,000.

Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC lifted its holdings in shares of Tyler Technologies by 6,100.0% in the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after purchasing an additional 61 shares in the last quarter. Elyxium Wealth LLC bought a new position in shares of Tyler Technologies in the fourth quarter valued at approximately $29,000. Cornerstone Planning Group LLC lifted its holdings in shares of Tyler Technologies by 3,900.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after purchasing an additional 78 shares in the last quarter. Advisors Asset Management Inc. bought a new position in shares of Tyler Technologies in the first quarter valued at approximately $38,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Tyler Technologies by 137.9% in the first 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. Institutional investors own 93.30% of the company’s stock.

Tyler Technologies Trading Up 0.2%

Shares of TYL opened at $312.62 on Monday. The company has a market capitalization of $13.18 billion, a price-to-earnings ratio of 43.18, a PEG ratio of 2.10 and a beta of 0.83. The stock has a 50 day moving average of $325.74 and a 200 day moving average of $377.37. Tyler Technologies, Inc. has a 12 month low of $283.71 and a 12 month high of $621.34.

Tyler Technologies (NYSE:TYLGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. The company 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 was up 8.5% on a year-over-year basis. During the same period last year, the business posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, equities research analysts predict that Tyler Technologies, Inc. will post 9.91 earnings per share for the current year.

Insider Transactions at Tyler Technologies

In other Tyler Technologies 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 completion of the sale, the director directly owned 5,298 shares of the company’s stock, valued at $1,849,743.72. This trade represents a 23.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TYL. DA Davidson restated a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a report on Wednesday, May 13th. The Goldman Sachs Group set a $420.00 price target on Tyler Technologies in a research report on Friday, February 13th. TD Cowen decreased their price target on Tyler Technologies from $600.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research report on Friday, May 1st. Finally, Cantor Fitzgerald increased their price target on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Twelve investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $468.53.

Read Our Latest Report 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.

See Also

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

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