Key Points
- CFO Insider Sale: Tyler Technologies CFO Brian Miller sold 1,000 shares on Dec. 12 at an average price of $458.65 for $458,650, reducing his stake by 5.83% to 16,148 shares (about $7.41M).
- Quarterly results and guidance: Tyler beat expectations with Q earnings of $2.97/share and revenue of $595.9M (revenue +10.2% YoY), and set FY2025 EPS guidance of $11.30–$11.50.
- Analyst sentiment: The stock has a consensus rating of "Moderate Buy" (12 Buys, 4 Holds) with an average price target of $649.31 and a market cap around $19.7B.
Tyler Technologies, Inc. (NYSE:TYL - Get Free Report) CFO Brian Miller sold 1,000 shares of the company's stock in a transaction on Friday, December 12th. The stock was sold at an average price of $458.65, for a total value of $458,650.00. Following the transaction, the chief financial officer directly owned 16,148 shares in the company, valued at approximately $7,406,280.20. This represents a 5.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Tyler Technologies Stock Performance
NYSE TYL opened at $458.14 on Friday. The stock has a market capitalization of $19.71 billion, a P/E ratio of 63.72, a price-to-earnings-growth ratio of 3.47 and a beta of 0.91. Tyler Technologies, Inc. has a 52 week low of $445.64 and a 52 week high of $661.31. The stock has a fifty day moving average of $474.50 and a 200-day moving average of $530.75.
Tyler Technologies (NYSE:TYL - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.09. The business had revenue of $595.88 million for the quarter, compared to analysts' expectations of $594.34 million. Tyler Technologies had a return on equity of 10.57% and a net margin of 13.72%.The firm's quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.52 earnings per share. Tyler Technologies has set its FY 2025 guidance at 11.300-11.500 EPS. Equities research analysts forecast that Tyler Technologies, Inc. will post 8.52 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several brokerages have commented on TYL. Oppenheimer reaffirmed an "outperform" rating and issued a $600.00 target price on shares of Tyler Technologies in a research note on Thursday, October 30th. DA Davidson decreased their price target on shares of Tyler Technologies from $540.00 to $510.00 and set a "neutral" rating for the company in a report on Tuesday, December 9th. BTIG Research initiated coverage on shares of Tyler Technologies in a research report on Tuesday. They issued a "buy" rating and a $560.00 price objective for the company. Evercore ISI reiterated a "positive" rating on shares of Tyler Technologies in a report on Friday, October 31st. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Tyler Technologies in a research note on Tuesday, October 14th. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Tyler Technologies has a consensus rating of "Moderate Buy" and an average price target of $649.31.
View Our Latest Stock Report on Tyler Technologies
Hedge Funds Weigh In On Tyler Technologies
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TYL. DLD Asset Management LP bought a new stake in shares of Tyler Technologies in the second quarter valued at about $5,780,190,000. Vanguard Group Inc. increased its stake in Tyler Technologies by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company's stock valued at $3,036,963,000 after buying an additional 234,916 shares during the last quarter. State Street Corp increased its stake in Tyler Technologies by 1.8% in the 3rd quarter. State Street Corp now owns 1,947,850 shares of the technology company's stock valued at $1,019,037,000 after buying an additional 34,178 shares during the last quarter. Principal Financial Group Inc. lifted its position in Tyler Technologies by 11.4% during the 3rd quarter. Principal Financial Group Inc. now owns 1,410,640 shares of the technology company's stock worth $738,010,000 after buying an additional 144,612 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Tyler Technologies by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,206,406 shares of the technology company's stock valued at $713,144,000 after acquiring an additional 30,686 shares in the last quarter. 93.30% of the stock is owned by institutional investors and hedge funds.
Tyler Technologies Company Profile
(
Get Free Report)
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.
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