Tyler Technologies, Inc. $TYL Shares Acquired by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS boosted its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 68.2% in the 1st quarter, Holdings Channel reports. The firm owned 35,389 shares of the technology company’s stock after purchasing an additional 14,350 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Tyler Technologies were worth $12,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Cerity Partners LLC grew its position in Tyler Technologies by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after purchasing an additional 19 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of Tyler Technologies by 2.0% in the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after buying an additional 23 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Tyler Technologies by 4.4% in the fourth quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock valued at $291,000 after buying an additional 27 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Tyler Technologies by 35.5% during the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after buying an additional 27 shares during the period. Finally, Apollon Wealth Management LLC boosted its stake in shares of Tyler Technologies by 7.0% during the fourth quarter. Apollon Wealth Management LLC now owns 445 shares of the technology company’s stock worth $202,000 after buying an additional 29 shares during the period. Institutional investors and hedge funds own 93.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TYL. Cantor Fitzgerald boosted their price target on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Robert W. Baird set a $455.00 price objective on Tyler Technologies in a research report on Friday, May 1st. Weiss Ratings downgraded Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. dropped their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. Thirteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $472.38.

Tyler Technologies Trading Down 0.4%

Shares of NYSE:TYL traded down $1.24 during midday trading on Friday, hitting $309.77. The stock had a trading volume of 354,635 shares, compared to its average volume of 815,753. The company has a market capitalization of $13.06 billion, a PE ratio of 42.79, a P/E/G ratio of 2.06 and a beta of 0.82. The stock has a 50 day moving average price of $306.54 and a two-hundred day moving average price of $349.52. Tyler Technologies, Inc. has a 1 year low of $270.71 and a 1 year high of $621.34.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.08. The firm had revenue of $613.50 million during the quarter, compared to analysts’ expectations of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, equities analysts expect that Tyler Technologies, Inc. will post 10.04 EPS for the current year.

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.