UBS Group AG Acquires 12,673 Shares of Tyler Technologies, Inc. $TYL

UBS Group AG increased its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL) by 6.0% during the fourth quarter, Holdings Channel reports. The fund owned 224,644 shares of the technology company’s stock after purchasing an additional 12,673 shares during the period. UBS Group AG’s holdings in Tyler Technologies were worth $101,977,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. General American Investors Co. Inc. raised its stake in Tyler Technologies by 7.2% during the 3rd quarter. General American Investors Co. Inc. now owns 44,381 shares of the technology company’s stock valued at $23,218,000 after buying an additional 3,000 shares during the last quarter. ICICI Prudential Asset Management Co Ltd purchased a new stake in Tyler Technologies during the 3rd quarter valued at $2,111,000. Principal Financial Group Inc. raised its stake 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 valued at $738,010,000 after buying an additional 144,612 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Tyler Technologies by 4.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 172,932 shares of the technology company’s stock valued at $90,471,000 after buying an additional 8,126 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in Tyler Technologies during the 3rd quarter valued at $1,749,000. 93.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Tyler Technologies news, Director Glenn A. Carter sold 1,624 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $349.14, for a total transaction of $567,003.36. Following the completion of the transaction, the director owned 5,298 shares of the company’s stock, valued at $1,849,743.72. This represents a 23.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daniel M. Pope sold 500 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $355.40, for a total transaction of $177,700.00. Following the transaction, the director directly owned 2,871 shares of the company’s stock, valued at $1,020,353.40. This trade represents a 14.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,298 shares of company stock worth $2,658,721 in the last three months. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TYL. Wells Fargo & Company decreased their target price on shares of Tyler Technologies from $420.00 to $335.00 and set an “equal weight” rating for the company in a research note on Friday, February 13th. Citizens Jmp restated a “market outperform” rating and issued a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Truist Financial set a $440.00 price objective on Tyler Technologies in a research note on Friday. Robert W. Baird set a $455.00 price objective on Tyler Technologies in a research note on Friday. Finally, BTIG Research reduced their price objective on Tyler Technologies from $470.00 to $420.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Twelve research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $468.53.

Tyler Technologies Stock Performance

Shares of Tyler Technologies stock opened at $335.04 on Friday. The company has a market capitalization of $14.13 billion, a P/E ratio of 46.28, a P/E/G ratio of 2.25 and a beta of 0.87. The company has a fifty day moving average of $342.47 and a 200 day moving average of $407.08. Tyler Technologies, Inc. has a fifty-two week low of $283.71 and a fifty-two week high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.08. The company had revenue of $613.50 million during 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%. Tyler Technologies’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Analysts forecast that Tyler Technologies, Inc. will post 9.93 EPS for the current year.

Tyler Technologies Company Profile

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.