67,606 Shares in Tyler Technologies, Inc. $TYL Bought by Praesidium Investment Management Company LLC

Praesidium Investment Management Company LLC purchased a new stake in Tyler Technologies, Inc. (NYSE:TYL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 67,606 shares of the technology company’s stock, valued at approximately $19,772,051,000. Tyler Technologies comprises approximately 9.2% of Praesidium Investment Management Company LLC’s investment portfolio, making the stock its 4th biggest position.

A number of other institutional investors have also modified their holdings of TYL. Cerity Partners LLC boosted its stake in shares of Tyler Technologies by 0.6% in the second quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after buying an additional 19 shares during the last quarter. Coldstream Capital Management Inc. raised its position in Tyler Technologies by 2.0% during the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after acquiring an additional 23 shares in the last quarter. Brown Brothers Harriman & Co. lifted its holdings in Tyler Technologies by 35.5% in the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after acquiring an additional 27 shares during the period. Glenmede Investment Management LP boosted its position in Tyler Technologies by 4.9% in the 3rd quarter. Glenmede Investment Management LP now owns 615 shares of the technology company’s stock worth $322,000 after purchasing an additional 29 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Tyler Technologies by 17.8% during the 1st quarter. Blue Trust Inc. now owns 199 shares of the technology company’s stock valued at $68,000 after purchasing an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Price Performance

NYSE:TYL opened at $353.26 on Thursday. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $566.58. The stock has a 50 day moving average of $313.04 and a two-hundred day moving average of $323.50. 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 firm has a market cap of $14.47 billion, a P/E ratio of 46.85, a price-to-earnings-growth ratio of 2.30 and a beta of 0.81.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The firm had revenue of $645.10 million for the quarter, compared to analyst estimates of $647.95 million. During the same period in the previous year, the company posted $2.91 earnings per share. The business’s revenue was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, analysts expect that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on TYL. Barclays raised their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Cantor Fitzgerald raised their target price on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Piper Sandler reduced their price target on Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating for the company in a report on Friday, July 31st. DA Davidson reiterated a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. Finally, Robert W. Baird set a $455.00 price objective on Tyler Technologies in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Tyler Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $456.72.

Insiders Place Their Bets

In other news, COO Jeffrey David Puckett sold 8,500 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the transaction, the chief operating officer directly owned 7,784 shares in the company, valued at $2,774,528.96. The trade was a 52.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is owned by company insiders.

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.