Key Points
- CFO Brian Miller sold 1,000 shares on December 15 at an average price of $448.51 for a total of $448,510, reducing his ownership to 17,148 shares (a 5.51% decrease) with the sale disclosed in an SEC filing.
- Tyler beat expectations in its most recent quarter with $2.97 EPS versus a $2.88 consensus and $595.88M revenue, and set FY2025 guidance of $11.30–$11.50 EPS while analysts' average price target sits at $649.31 (Moderate Buy).
- The stock traded up about 0.8% to $454.82 on light volume (~10,690 shares), and the company has a market capitalization of $19.57 billion, a P/E of 63.02, and a 12‑month range of $445.64–$661.31.
Tyler Technologies, Inc. (NYSE:TYL - Get Free Report) CFO Brian Miller sold 1,000 shares of Tyler Technologies stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $448.51, for a total value of $448,510.00. Following the sale, the chief financial officer directly owned 17,148 shares in the company, valued at approximately $7,691,049.48. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Tyler Technologies Trading Up 0.8%
TYL stock traded up $3.56 during midday trading on Thursday, hitting $454.82. 10,690 shares of the company's stock were exchanged, compared to its average volume of 317,683. Tyler Technologies, Inc. has a 12-month low of $445.64 and a 12-month high of $661.31. The stock has a market capitalization of $19.57 billion, a price-to-earnings ratio of 63.02, a price-to-earnings-growth ratio of 3.43 and a beta of 0.91. The firm has a 50 day moving average price of $476.42 and a 200-day moving average price of $532.01.
Tyler Technologies (NYSE:TYL - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The technology company reported $2.97 EPS for the quarter, beating analysts' consensus estimates of $2.88 by $0.09. The firm had revenue of $595.88 million for the quarter, compared to the consensus estimate of $594.34 million. Tyler Technologies had a net margin of 13.72% and a return on equity of 10.57%. The firm's revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.52 EPS. Tyler Technologies has set its FY 2025 guidance at 11.300-11.500 EPS. On average, sell-side analysts forecast that Tyler Technologies, Inc. will post 8.52 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have weighed in on TYL shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Tyler Technologies in a research note on Tuesday, October 14th. Oppenheimer reiterated an "outperform" rating and set a $600.00 price target on shares of Tyler Technologies in a research report on Thursday, October 30th. TD Cowen began coverage on Tyler Technologies in a research report on Friday, December 12th. They issued a "buy" rating and a $650.00 target price on the stock. UBS Group reissued an "overweight" rating on shares of Tyler Technologies in a report on Wednesday, October 8th. Finally, Evercore ISI reaffirmed a "positive" rating on shares of Tyler Technologies in a report on Friday, October 31st. Twelve investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $649.31.
Read Our Latest Report on Tyler Technologies
Institutional Trading of Tyler Technologies
Hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of Tyler Technologies in the third quarter worth approximately $28,000. Generali Asset Management SPA SGR acquired a new position in Tyler Technologies in the 2nd quarter worth approximately $30,000. Twin Peaks Wealth Advisors LLC purchased a new position in Tyler Technologies during the 2nd quarter worth approximately $32,000. Advisors Asset Management Inc. purchased a new position in Tyler Technologies during the 1st quarter worth approximately $38,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Tyler Technologies by 137.9% in the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company's stock valued at $40,000 after purchasing an additional 40 shares in the last quarter. 93.30% of the stock is owned by hedge funds and other institutional investors.
About Tyler Technologies
(
Get Free Report)
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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