Tyler Technologies, Inc. $TYL Shares Purchased by William Blair Investment Management LLC

William Blair Investment Management LLC raised its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 495,297 shares of the technology company’s stock after buying an additional 36,183 shares during the period. William Blair Investment Management LLC’s holdings in Tyler Technologies were worth $224,840,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Tyler Technologies by 4.2% during the third quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company’s stock valued at $3,036,963,000 after buying an additional 234,916 shares in the last quarter. State Street Corp raised its stake in shares of Tyler Technologies by 1.8% during the third quarter. State Street Corp now owns 1,947,850 shares of the technology company’s stock valued at $1,019,037,000 after purchasing an additional 34,178 shares during the period. Principal Financial Group Inc. raised its stake in shares of Tyler Technologies by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock valued at $660,089,000 after purchasing an additional 43,421 shares during the period. Van ECK Associates Corp raised its stake in shares of Tyler Technologies by 55.1% during the third quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock valued at $444,740,000 after purchasing an additional 301,885 shares during the period. Finally, Wellington Management Group LLP raised its stake in shares of Tyler Technologies by 72.5% during the third quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock valued at $314,302,000 after purchasing an additional 252,488 shares during the period. 93.30% of the stock is owned by institutional investors and hedge funds.

Tyler Technologies Trading Up 1.6%

Shares of NYSE:TYL opened at $313.54 on Friday. The company has a fifty day simple moving average of $332.73 and a 200 day simple moving average of $388.81. The firm has a market cap of $13.22 billion, a PE ratio of 43.31, a price-to-earnings-growth ratio of 2.11 and a beta of 0.86. Tyler Technologies, Inc. has a 12-month low of $283.71 and a 12-month high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. The business had revenue of $613.50 million during the quarter, compared to analyst estimates of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The business’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 forecast that Tyler Technologies, Inc. will post 9.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TYL. The Goldman Sachs Group set a $420.00 price objective on shares of Tyler Technologies in a research note on Friday, February 13th. Piper Sandler reiterated an “overweight” rating and set a $543.00 price objective (down from $671.00) on shares of Tyler Technologies in a research note on Friday, February 13th. Robert W. Baird set a $455.00 price objective on shares of Tyler Technologies in a research note on Friday, May 1st. Citizens Jmp reiterated a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Finally, 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. Twelve investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $468.53.

Insider Activity at Tyler Technologies

In related news, COO Jeffrey David Puckett sold 5,174 shares of Tyler Technologies stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $369.93, for a total value of $1,914,017.82. Following the completion of the sale, the chief operating officer owned 7,754 shares in the company, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daniel M. Pope sold 500 shares of Tyler Technologies stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $355.40, for a total transaction 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 trade represents a 14.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 7,298 shares of company stock worth $2,658,721 in the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

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.