Premier Fund Managers Ltd Sells 19,407 Shares of Tyler Technologies, Inc. $TYL

Premier Fund Managers Ltd decreased its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 19.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 81,155 shares of the technology company’s stock after selling 19,407 shares during the quarter. Tyler Technologies makes up approximately 2.1% of Premier Fund Managers Ltd’s holdings, making the stock its 8th largest holding. Premier Fund Managers Ltd’s holdings in Tyler Technologies were worth $37,197,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC lifted its stake in shares of Tyler Technologies by 6,100.0% in the 4th 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. Root Financial Partners LLC acquired a new position in shares of Tyler Technologies in the 3rd quarter valued at $28,000. Cornerstone Planning Group LLC lifted its stake in shares of Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after purchasing an additional 78 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Tyler Technologies in the 1st quarter valued at $38,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Tyler Technologies by 137.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after purchasing an additional 40 shares during the period. Institutional investors and hedge funds own 93.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on TYL shares. DA Davidson reissued a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a research note on Monday. TD Cowen cut their price target on Tyler Technologies from $600.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Barclays increased their price target on Tyler Technologies from $410.00 to $420.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Wells Fargo & Company cut their price target on Tyler Technologies from $420.00 to $335.00 and set an “equal weight” rating on the stock in a research note on Friday, February 13th. Finally, Weiss Ratings downgraded 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $468.53.

Tyler Technologies Stock Down 2.3%

TYL opened at $320.32 on Thursday. Tyler Technologies, Inc. has a 12 month low of $283.71 and a 12 month high of $621.34. The company has a fifty day simple moving average of $342.75 and a 200 day simple moving average of $403.92. The stock has a market cap of $13.51 billion, a P/E ratio of 44.24, a P/E/G ratio of 2.21 and a beta of 0.86.

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

Insiders Place Their Bets

In other Tyler Technologies news, COO Jeffrey David Puckett sold 5,174 shares of the stock in a transaction dated Thursday, March 5th. The stock was 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 in the company, valued at approximately $2,868,437.22. This represents a 40.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Abigail Marshall Diaz-Pedrosa bought 610 shares of the stock in a transaction on Friday, February 20th. The shares were purchased at an average price of $325.08 per share, with a total value of $198,298.80. Following the acquisition, the insider owned 1,123 shares in the company, valued at approximately $365,064.84. This represents a 118.91% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 7,298 shares of company stock worth $2,658,721 over the last 90 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.