Key Points
- CFO Brian Miller sold 1,000 shares on Nov. 25 at an average price of $469.08 for proceeds of $469,080, trimming his stake by 7.26% to 12,781 shares (≈$5.995M).
- Tyler beat quarterly estimates with EPS of $2.97 vs. $2.88 and revenue of $595.88M (up 10.2% YoY), and the company set FY2025 guidance of $11.30–$11.50 EPS.
- Valuation and analyst sentiment — the stock trades at a market cap of $20.04B and a PE of 64.79, and analysts have an average rating of "Moderate Buy" with a mean target of $660.09.
Tyler Technologies, Inc. (NYSE:TYL - Get Free Report) CFO Brian Miller sold 1,000 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $469.08, for a total value of $469,080.00. Following the completion of the sale, the chief financial officer owned 12,781 shares of the company's stock, valued at approximately $5,995,311.48. This trade represents a 7.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Tyler Technologies Stock Performance
Tyler Technologies stock opened at $465.81 on Thursday. The firm has a market capitalization of $20.04 billion, a PE ratio of 64.79, a price-to-earnings-growth ratio of 3.67 and a beta of 0.93. Tyler Technologies, Inc. has a one year low of $450.00 and a one year high of $661.31. The stock's 50 day moving average price is $493.93 and its 200 day moving average price is $543.73.
Tyler Technologies (NYSE:TYL - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The technology company reported $2.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.88 by $0.09. Tyler Technologies had a net margin of 13.72% and a return on equity of 10.64%. The company had revenue of $595.88 million for the quarter, compared to analyst estimates of $594.34 million. During the same quarter last year, the firm posted $2.52 earnings per share. The business's quarterly revenue was up 10.2% on a year-over-year basis. Tyler Technologies has set its FY 2025 guidance at 11.300-11.500 EPS. On average, analysts forecast that Tyler Technologies, Inc. will post 8.52 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Choreo LLC boosted its stake in Tyler Technologies by 8.5% in the first quarter. Choreo LLC now owns 702 shares of the technology company's stock valued at $408,000 after acquiring an additional 55 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Tyler Technologies during the 1st quarter worth $346,000. Avantax Advisory Services Inc. increased its position in Tyler Technologies by 3.8% in the first quarter. Avantax Advisory Services Inc. now owns 3,984 shares of the technology company's stock worth $2,317,000 after buying an additional 146 shares during the period. Cetera Investment Advisers lifted its stake in Tyler Technologies by 10.4% in the first quarter. Cetera Investment Advisers now owns 12,152 shares of the technology company's stock valued at $7,065,000 after buying an additional 1,149 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Tyler Technologies by 10.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 39,112 shares of the technology company's stock valued at $22,739,000 after buying an additional 3,743 shares during the last quarter. 93.30% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
TYL has been the topic of a number of recent analyst reports. UBS Group reiterated an "overweight" rating on shares of Tyler Technologies in a report on Wednesday, October 8th. Barclays lifted their target price on Tyler Technologies from $695.00 to $715.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Robert W. Baird set a $660.00 price target on Tyler Technologies in a report on Friday, October 31st. Evercore ISI restated a "positive" rating on shares of Tyler Technologies in a report on Friday, October 31st. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $600.00 target price on shares of Tyler Technologies in a research report on Thursday, October 30th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $660.09.
Get Our Latest Analysis on TYL
About Tyler Technologies
(
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Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.
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