Swedbank AB Has $119.23 Million Stock Holdings in Tyler Technologies, Inc. $TYL

Swedbank AB decreased its stake in shares of Tyler Technologies, Inc. (NYSE:TYL) by 15.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 262,650 shares of the technology company’s stock after selling 49,800 shares during the period. Swedbank AB’s holdings in Tyler Technologies were worth $119,230,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Tyler Technologies by 4.2% during the third quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company’s stock worth $3,036,963,000 after acquiring an additional 234,916 shares during the period. State Street Corp increased 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 worth $1,019,037,000 after purchasing an additional 34,178 shares during the period. Principal Financial Group Inc. increased 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 worth $660,089,000 after purchasing an additional 43,421 shares during the period. Van ECK Associates Corp lifted its holdings in Tyler Technologies by 55.1% during the 3rd quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock worth $444,740,000 after purchasing an additional 301,885 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Tyler Technologies by 72.5% during the 3rd quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock worth $314,302,000 after purchasing an additional 252,488 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Stock Down 2.3%

TYL stock opened at $320.32 on Thursday. Tyler Technologies, Inc. has a 52 week low of $283.71 and a 52 week high of $621.34. The business has a 50-day simple moving average of $342.75 and a 200 day simple moving average of $403.92. The company has a market cap of $13.51 billion, a PE ratio of 44.24, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings data 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 firm had revenue of $613.50 million for the quarter, compared to the consensus estimate 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 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. On average, analysts anticipate that Tyler Technologies, Inc. will post 9.89 EPS for the current fiscal year.

Insider Buying and Selling at Tyler Technologies

In related news, COO Jeffrey David Puckett sold 5,174 shares of Tyler Technologies stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 7,754 shares of the company’s stock, valued at $2,868,437.22. This trade represents a 40.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Andrew D. Teed acquired 1,600 shares of the stock in a transaction on Monday, February 23rd. The shares were purchased at an average price of $309.91 per share, with a total value of $495,856.00. Following the completion of the transaction, the director owned 5,118 shares of the company’s stock, valued at approximately $1,586,119.38. This represents a 45.48% increase in their ownership of the stock. The disclosure for this purchase 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 three months. Company insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TYL shares. Truist Financial set a $440.00 price objective on Tyler Technologies in a report on Friday, May 1st. Needham & Company LLC reissued a “buy” rating and issued a $750.00 target price on shares of Tyler Technologies in a research report on Tuesday, February 3rd. Citizens Jmp restated a “market outperform” rating and issued a $500.00 price target on shares of Tyler Technologies in a research note on Tuesday, April 28th. Piper Sandler reaffirmed an “overweight” rating and set a $543.00 price target (down from $671.00) on shares of Tyler Technologies in a research report on Friday, February 13th. Finally, Stifel Nicolaus dropped their price objective on shares of Tyler Technologies from $550.00 to $400.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Twelve analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $468.53.

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.