Tyler Technologies, Inc. (NYSE:TYL) CEO John S. Marr, Jr. sold 26,600 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $175.81, for a total value of $4,676,546.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Tyler Technologies, Inc. (NYSE TYL) traded down $1.27 on Thursday, hitting $176.63. The company had a trading volume of 110,800 shares, compared to its average volume of 190,499. The stock has a market capitalization of $6,683.37, a P/E ratio of 54.57 and a beta of 0.99. Tyler Technologies, Inc. has a one year low of $139.61 and a one year high of $183.98.

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

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Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Tyler Technologies by 5.7% during the second quarter. Vanguard Group Inc. now owns 2,804,393 shares of the technology company’s stock valued at $492,648,000 after acquiring an additional 150,879 shares during the last quarter. BlackRock Inc. increased its position in Tyler Technologies by 2.0% in the second quarter. BlackRock Inc. now owns 2,793,116 shares of the technology company’s stock worth $490,668,000 after buying an additional 55,453 shares during the last quarter. Janus Henderson Group PLC increased its position in Tyler Technologies by 327.0% in the second quarter. Janus Henderson Group PLC now owns 1,865,432 shares of the technology company’s stock worth $327,700,000 after buying an additional 1,428,513 shares during the last quarter. JPMorgan Chase & Co. increased its position in Tyler Technologies by 40.2% in the second quarter. JPMorgan Chase & Co. now owns 1,027,797 shares of the technology company’s stock worth $180,554,000 after buying an additional 294,817 shares during the last quarter. Finally, State Street Corp increased its position in Tyler Technologies by 2.6% in the second quarter. State Street Corp now owns 883,996 shares of the technology company’s stock worth $155,293,000 after buying an additional 22,323 shares during the last quarter. 90.92% of the stock is owned by institutional investors.

TYL has been the topic of a number of recent research reports. Needham & Company LLC restated a “buy” rating on shares of Tyler Technologies in a report on Tuesday, October 24th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $200.00 price target on shares of Tyler Technologies in a research report on Friday, October 27th. Zacks Investment Research raised Tyler Technologies from a “hold” rating to a “buy” rating and set a $198.00 price target for the company in a research report on Wednesday, November 1st. B. Riley downgraded Tyler Technologies from a “buy” rating to a “neutral” rating and set a $184.00 price target for the company. in a research report on Friday, October 27th. Finally, Citigroup Inc. started coverage on Tyler Technologies in a research report on Friday, September 22nd. They set a “buy” rating and a $200.00 price target for the company. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $193.00.

About Tyler Technologies

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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