Tyler Technologies, Inc. $TYL Shares Acquired by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC boosted its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 13.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,039 shares of the technology company’s stock after purchasing an additional 2,200 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Tyler Technologies were worth $8,189,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Salomon & Ludwin LLC raised its stake in shares of Tyler Technologies by 6,100.0% during 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 during the period. Elyxium Wealth LLC bought a new stake in shares of Tyler Technologies in the fourth quarter worth $29,000. Advisors Asset Management Inc. bought a new stake in shares of Tyler Technologies in the first quarter worth $38,000. Geneos Wealth Management Inc. increased its stake 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 worth $40,000 after buying an additional 40 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its stake 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 worth $34,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Insider Buying and Selling at Tyler Technologies

In other news, COO Jeffrey David Puckett sold 5,174 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $369.93, for a total transaction of $1,914,017.82. Following the completion of the transaction, the chief operating officer owned 7,754 shares of the company’s stock, valued at approximately $2,868,437.22. The trade was a 40.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Glenn A. Carter sold 1,624 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $349.14, for a total transaction of $567,003.36. Following the transaction, the director directly owned 5,298 shares of the company’s stock, valued at approximately $1,849,743.72. This trade represents a 23.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TYL. Weiss Ratings lowered shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Truist Financial set a $440.00 price target on shares of Tyler Technologies in a research note on Friday, May 1st. Oppenheimer dropped their price target on shares of Tyler Technologies from $510.00 to $450.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Piper Sandler restated an “overweight” rating and issued a $543.00 price target (down from $671.00) on shares of Tyler Technologies in a research note on Friday, February 13th. Finally, DA Davidson restated a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a research note on Wednesday, May 13th. Twelve analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $468.53.

Tyler Technologies Price Performance

Tyler Technologies stock opened at $330.35 on Tuesday. The company has a market cap of $13.93 billion, a PE ratio of 45.63, a P/E/G ratio of 2.11 and a beta of 0.83. The company has a fifty day moving average price of $328.41 and a two-hundred day moving average price of $381.77. Tyler Technologies, Inc. has a 12 month low of $283.71 and a 12 month high of $621.34.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. The firm had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Equities research analysts anticipate that Tyler Technologies, Inc. will post 9.89 earnings per share for the current year.

Tyler Technologies Company Profile

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.