Tyler Technologies, Inc. (NYSE:TYL) CEO John S. Marr, Jr. sold 20,000 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $175.57, for a total value of $3,511,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Tyler Technologies, Inc. (TYL) opened at $175.92 on Friday. Tyler Technologies, Inc. has a twelve month low of $139.61 and a twelve month high of $183.98. The firm has a market capitalization of $6,608.96, a price-to-earnings ratio of 53.96 and a beta of 0.99.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, October 25th. The technology company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.03. Tyler Technologies had a return on equity of 12.81% and a net margin of 16.34%. The business had revenue of $214.15 million for the quarter, compared to the consensus estimate of $216.80 million. During the same quarter in the previous year, the company posted $0.94 earnings per share. Tyler Technologies’s revenue for the quarter was up 10.1% compared to the same quarter last year. sell-side analysts expect that Tyler Technologies, Inc. will post 3.27 earnings per share for the current fiscal year.

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Hedge funds have recently modified their holdings of the company. YHB Investment Advisors Inc. purchased a new position in shares of Tyler Technologies during the second quarter valued at $209,000. Lakeview Capital Partners LLC purchased a new position in shares of Tyler Technologies during the second quarter valued at $211,000. D.A. Davidson & CO. grew its holdings in shares of Tyler Technologies by 13.3% during the second quarter. D.A. Davidson & CO. now owns 1,391 shares of the technology company’s stock valued at $244,000 after buying an additional 163 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Tyler Technologies by 8.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,412 shares of the technology company’s stock valued at $248,000 after buying an additional 114 shares in the last quarter. Finally, Fiduciary Trust Co. purchased a new position in shares of Tyler Technologies during the second quarter valued at $250,000. Institutional investors and hedge funds own 90.45% of the company’s stock.

A number of brokerages have recently issued reports on TYL. B. Riley reaffirmed a “buy” rating and set a $184.00 target price on shares of Tyler Technologies in a research report on Wednesday, August 2nd. BidaskClub lowered Tyler Technologies from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Northland Securities reaffirmed a “buy” rating and set a $200.00 target price on shares of Tyler Technologies in a research report on Thursday, September 21st. Zacks Investment Research lowered Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $200.00 target price on shares of Tyler Technologies in a research report on Friday, October 27th. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $193.00.

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.

Insider Buying and Selling by Quarter for Tyler Technologies (NYSE:TYL)

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