Conestoga Capital Advisors LLC Increases Stake in Tyler Technologies, Inc. $TYL

Conestoga Capital Advisors LLC raised its stake in shares of Tyler Technologies, Inc. (NYSE:TYL) by 14.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 107,466 shares of the technology company’s stock after acquiring an additional 13,356 shares during the period. Conestoga Capital Advisors LLC’s holdings in Tyler Technologies were worth $48,784,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TYL. Salomon & Ludwin LLC grew its holdings in Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after buying an additional 61 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Tyler Technologies during the 3rd quarter valued at approximately $28,000. Advisors Asset Management Inc. purchased a new stake in Tyler Technologies during the 1st quarter valued at approximately $38,000. Geneos Wealth Management Inc. grew 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 buying an additional 40 shares in the last quarter. Finally, Quent Capital LLC purchased a new stake in Tyler Technologies during the 3rd quarter valued at approximately $49,000. 93.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TYL shares. Piper Sandler reaffirmed an “overweight” rating and set a $543.00 price objective (down from $671.00) on shares of Tyler Technologies in a report on Friday, February 13th. TD Cowen lowered their target price 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. Needham & Company LLC reiterated a “buy” rating and set a $750.00 target price on shares of Tyler Technologies in a research report on Tuesday, February 3rd. The Goldman Sachs Group set a $420.00 target price on Tyler Technologies in a research report on Friday, February 13th. Finally, BTIG Research lowered their target price on Tyler Technologies from $470.00 to $420.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Twelve investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $466.29.

Tyler Technologies News Roundup

Here are the key news stories impacting Tyler Technologies this week:

• Positive Sentiment: EPS beat and recurring?revenue momentum — Tyler reported $3.09 EPS vs. $3.01 consensus, with SaaS growth, strong bookings and rising cash flow highlighting momentum in recurring revenues. Tyler Technologies Q1 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Company raised FY?2026 EPS guidance — Management set FY26 EPS guidance to $12.50–$12.75, above Street consensus, signaling confidence in profit leverage even as revenue timing shifts. Tyler Technologies Reports First Quarter 2026 Results
• Positive Sentiment: Longer?term cloud conversion plan and near?term revenue uplift — Management targets moving 80%+ of on?prem customers to the cloud by 2030 and said the For The Record acquisition adds roughly $30M to 2026 revenue guidance. That supports longer?term SaaS mix and recurring revenue growth. Tyler targets 80% of on?prem customers moved to the cloud by 2030 as For The Record adds ~$30M to 2026 revenue guide
• Neutral Sentiment: Street narrative and target shifts — Analysts and strategists are reframing the investment case (growth vs. margin conversion and SaaS visibility), leading to shifting price targets and debates over valuation multiples. Watch analyst notes for updated targets. How The Investment Narrative For Tyler Technologies (TYL) Is Shifting With New Street Targets
• Negative Sentiment: Revenue missed expectations — Revenue was $613.5M versus consensus near $642M, a notable shortfall that likely drove the negative price reaction despite the EPS beat. Tyler Technologies Q1 results and transcript
• Negative Sentiment: Market reaction and near?term execution risk — Shares are trading lower as investors focus on the near?term revenue cadence, the pace of cloud conversions, and how quickly M&A adds to recurring revenue; any softness in bookings or slower cloud migrations would pressure sentiment.

Insider Buying and Selling

In related news, insider Abigail Marshall Diaz-Pedrosa purchased 610 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was bought at an average cost of $325.08 per share, for a total transaction of $198,298.80. Following the completion of the transaction, the insider directly owned 1,123 shares in the company, valued at $365,064.84. This represents a 118.91% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Daniel M. Pope sold 500 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $355.40, for a total value of $177,700.00. Following the completion of the sale, the director owned 2,871 shares of the company’s stock, valued at approximately $1,020,353.40. This represents a 14.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 7,298 shares of company stock valued at $2,658,721 over the last 90 days. 1.10% of the stock is currently owned by insiders.

Tyler Technologies Stock Performance

NYSE TYL opened at $340.75 on Friday. The company has a market capitalization of $14.46 billion, a P/E ratio of 47.07, a P/E/G ratio of 2.39 and a beta of 0.92. Tyler Technologies, Inc. has a one year low of $283.71 and a one year high of $621.34. The stock has a 50 day moving average price of $342.47 and a 200-day moving average price of $407.78.

Tyler Technologies (NYSE:TYL) last posted its 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 firm 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 10.68% and a net margin of 13.26%.The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, equities analysts predict that Tyler Technologies, Inc. will post 9.93 EPS for the current fiscal year.

About Tyler Technologies

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.