Natixis Advisors LLC Cuts Stock Holdings in Tyler Technologies, Inc. $TYL

Natixis Advisors LLC lowered its stake in shares of Tyler Technologies, Inc. (NYSE:TYLFree Report) by 13.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,412 shares of the technology company’s stock after selling 3,941 shares during the quarter. Natixis Advisors LLC’s holdings in Tyler Technologies were worth $11,990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. AXQ Capital LP grew its stake in shares of Tyler Technologies by 189.9% during the fourth quarter. AXQ Capital LP now owns 2,235 shares of the technology company’s stock worth $1,015,000 after purchasing an additional 1,464 shares in the last quarter. George Kaiser Family Foundation boosted its holdings in Tyler Technologies by 1.7% in the fourth quarter. George Kaiser Family Foundation now owns 4,294 shares of the technology company’s stock valued at $1,949,000 after purchasing an additional 73 shares in the last quarter. New Mexico Educational Retirement Board boosted its holdings in Tyler Technologies by 5.3% in the fourth quarter. New Mexico Educational Retirement Board now owns 2,000 shares of the technology company’s stock valued at $908,000 after purchasing an additional 100 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its holdings in Tyler Technologies by 13.9% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 18,039 shares of the technology company’s stock valued at $8,189,000 after purchasing an additional 2,200 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in Tyler Technologies by 0.3% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 13,816 shares of the technology company’s stock valued at $6,272,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Insiders Place Their Bets

In other 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 sale, the director owned 5,298 shares in the company, valued at approximately $1,849,743.72. This represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Truist Financial set a $440.00 price target on Tyler Technologies in a report on Friday, May 1st. Stifel Nicolaus decreased their price objective on shares of Tyler Technologies from $550.00 to $400.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Weiss Ratings downgraded shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Wells Fargo & Company decreased their price objective 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. Finally, DA Davidson restated a “buy” rating and issued a $460.00 price objective on shares of Tyler Technologies in a research note on Wednesday, May 13th. Twelve investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $468.53.

Check Out Our Latest Analysis on Tyler Technologies

Tyler Technologies Price Performance

NYSE TYL opened at $312.62 on Friday. Tyler Technologies, Inc. has a 1 year low of $283.71 and a 1 year high of $621.34. The company has a market capitalization of $13.18 billion, a PE ratio of 43.18, a P/E/G ratio of 2.10 and a beta of 0.82. The company has a fifty day moving average of $325.74 and a two-hundred day moving average of $377.97.

Tyler Technologies (NYSE:TYLGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. The firm had revenue of $613.50 million during the quarter, compared to analysts’ expectations 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 business earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, research analysts expect that Tyler Technologies, Inc. will post 9.91 earnings per share for the current year.

About Tyler Technologies

(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.

Further Reading

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Institutional Ownership by Quarter for Tyler Technologies (NYSE:TYL)

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