Tyler Technologies, Inc. $TYL Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC lessened its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 14.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,048 shares of the technology company’s stock after selling 2,549 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Tyler Technologies were worth $6,831,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ICICI Prudential Asset Management Co Ltd acquired a new stake in Tyler Technologies during the third quarter valued at $2,111,000. Principal Financial Group Inc. grew its position in Tyler Technologies by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock valued at $660,089,000 after buying an additional 43,421 shares during the period. CenterBook Partners LP acquired a new stake in Tyler Technologies during the third quarter valued at $1,882,000. Van ECK Associates Corp grew its position in Tyler Technologies by 55.1% during the third quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock valued at $444,740,000 after buying an additional 301,885 shares during the period. Finally, Krilogy Financial LLC acquired a new stake in Tyler Technologies during the third quarter valued at $1,703,000. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Stock Performance

Shares of TYL stock opened at $308.21 on Wednesday. The stock has a market capitalization of $13.00 billion, a P/E ratio of 42.57, a price-to-earnings-growth ratio of 2.04 and a beta of 0.82. The company has a 50 day moving average price of $324.48 and a 200 day moving average price of $375.12. 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 announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, beating 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%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, research analysts forecast that Tyler Technologies, Inc. will post 9.91 EPS for the current fiscal year.

Insider Buying and Selling

In other Tyler Technologies news, Director Glenn A. Carter sold 1,624 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $1,849,743.72. The trade was a 23.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TYL. Oppenheimer dropped their price target on shares of Tyler Technologies from $510.00 to $450.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. TD Cowen dropped their target price on shares of Tyler Technologies from $600.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Weiss Ratings lowered shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Stifel Nicolaus dropped their target price on shares of Tyler Technologies from $550.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Finally, DA Davidson reiterated a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, May 13th. Twelve investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $468.53.

About Tyler Technologies

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.