Tyler Technologies, Inc. (NYSE:TYL – Get Free Report) CEO H. Moore, Jr. sold 9,250 shares of Tyler Technologies stock in a transaction on Friday, August 28th. The stock was sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the completion of the transaction, the chief executive officer directly owned 100,392 shares in the company, valued at $37,425,133.68. This represents a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Tyler Technologies Stock Down 2.1%
Tyler Technologies stock opened at $335.63 on Friday. The business has a fifty day moving average price of $329.58 and a 200-day moving average price of $326.61. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55. Tyler Technologies, Inc. has a 1-year low of $270.71 and a 1-year high of $555.52. The stock has a market capitalization of $13.74 billion, a price-to-earnings ratio of 44.51, a PEG ratio of 2.26 and a beta of 0.84.
Tyler Technologies (NYSE:TYL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.03. Tyler Technologies had a net margin of 13.36% and a return on equity of 11.15%. The firm had revenue of $645.10 million for the quarter, compared to the consensus estimate of $647.95 million. During the same quarter in the prior year, the company posted $2.91 earnings per share. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities research analysts forecast that Tyler Technologies, Inc. will post 10.13 EPS for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Stock Report on TYL
Hedge Funds Weigh In On Tyler Technologies
Several institutional investors have recently made changes to their positions in the company. Cerity Partners LLC raised its holdings in shares of Tyler Technologies by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock valued at $1,754,000 after purchasing an additional 19 shares in the last quarter. Coldstream Capital Management Inc. grew its stake in shares of Tyler Technologies by 2.0% during the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock worth $611,000 after purchasing an additional 23 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of Tyler Technologies by 35.5% during the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after purchasing an additional 27 shares in the last quarter. Glenmede Investment Management LP increased its holdings in Tyler Technologies by 4.9% in the third quarter. Glenmede Investment Management LP now owns 615 shares of the technology company’s stock valued at $322,000 after buying an additional 29 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in Tyler Technologies by 17.8% in the first quarter. Blue Trust Inc. now owns 199 shares of the technology company’s stock valued at $68,000 after buying an additional 30 shares in the last quarter. 93.30% of the stock is owned by hedge funds and other institutional investors.
About Tyler Technologies
Tyler Technologies, Inc provides integrated software and technology services to the public sector. Its customers include local governments, state agencies, courts, schools and other public-sector organizations that use Tyler’s solutions to manage administrative, operational and citizen-facing functions.
The company’s product portfolio includes enterprise resource planning and financial management software, property tax and assessment systems, court and justice applications, public safety and emergency communications solutions, planning and regulatory systems, school administration software, and platforms for digital government services and electronic payments.
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