Tyler Technologies, Inc. $TYL Position Decreased by Formuepleje A S

Formuepleje A S lowered its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 76.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,800 shares of the technology company’s stock after selling 8,879 shares during the period. Formuepleje A S’s holdings in Tyler Technologies were worth $819,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in TYL. California State Teachers Retirement System boosted its stake in shares of Tyler Technologies by 29,674.6% during the 2nd quarter. California State Teachers Retirement System now owns 19,141,507 shares of the technology company’s stock worth $5,598,125,000 after acquiring an additional 19,077,219 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Tyler Technologies during the second quarter worth $1,129,890,000. Norges Bank purchased a new stake in shares of Tyler Technologies during the fourth quarter valued at $921,035,000. Bank of America Corp DE purchased a new stake in shares of Tyler Technologies during the second quarter valued at $116,831,000. Finally, Van ECK Associates Corp boosted its position in shares of Tyler Technologies by 43.2% in the 4th quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after purchasing an additional 367,203 shares during the period. Institutional investors and hedge funds own 93.30% of the company’s stock.

Insider Buying and Selling at Tyler Technologies

In other news, COO Jeffrey Puckett sold 8,500 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $356.44, for a total value of $3,029,740.00. Following the transaction, the chief operating officer owned 7,784 shares in the company, valued at $2,774,528.96. This represents a 52.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is owned by corporate insiders.

Tyler Technologies Stock Performance

Shares of TYL stock opened at $363.48 on Monday. Tyler Technologies, Inc. has a 1-year low of $270.71 and a 1-year high of $566.58. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $14.88 billion, a price-to-earnings ratio of 48.21, a P/E/G ratio of 2.40 and a beta of 0.84. The stock’s fifty day simple moving average is $325.86 and its 200-day simple moving average is $325.74.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.05 by $0.03. The firm had revenue of $645.10 million for 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%.Tyler Technologies’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, sell-side analysts predict that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on TYL. UBS Group set a $395.00 price target on Tyler Technologies in a research note on Saturday, August 1st. Barclays upped their price objective on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. Piper Sandler dropped their target price on shares of Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Finally, Guggenheim started coverage on shares of Tyler Technologies in a report on Wednesday, July 22nd. They set a “buy” rating and a $440.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Tyler Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $456.72.

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.