Latitude Advisors LLC Sells 1,750 Shares of Tyler Technologies, Inc. $TYL

Latitude Advisors LLC decreased its position in Tyler Technologies, Inc. (NYSE:TYL) by 28.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,360 shares of the technology company’s stock after selling 1,750 shares during the period. Latitude Advisors LLC’s holdings in Tyler Technologies were worth $1,493,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TYL. HB Wealth Management LLC increased its holdings in shares of Tyler Technologies by 8.0% in the first quarter. HB Wealth Management LLC now owns 4,378 shares of the technology company’s stock worth $1,499,000 after acquiring an additional 324 shares in the last quarter. Leelyn Smith LLC grew its position in shares of Tyler Technologies by 6.1% in the 1st quarter. Leelyn Smith LLC now owns 3,158 shares of the technology company’s stock valued at $1,081,000 after purchasing an additional 182 shares during the period. Turtle Creek Wealth Advisors LLC bought a new stake in Tyler Technologies during the 1st quarter worth approximately $235,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Tyler Technologies by 66.8% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 38,940 shares of the technology company’s stock worth $13,332,000 after buying an additional 15,600 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Tyler Technologies during the 1st quarter worth approximately $345,000. Institutional investors own 93.30% of the company’s stock.

Tyler Technologies Stock Down 0.1%

Shares of TYL opened at $317.63 on Friday. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $621.34. The stock has a market capitalization of $13.39 billion, a P/E ratio of 43.87, a P/E/G ratio of 2.11 and a beta of 0.82. The company has a 50 day moving average of $309.26 and a 200-day moving average of $354.32.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The business had revenue of $613.50 million for the quarter, compared to analyst estimates of $608.66 million. During the same quarter in the previous year, the firm posted $2.78 earnings per share. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, sell-side analysts anticipate that Tyler Technologies, Inc. will post 10.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on TYL. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a research note on Friday, May 1st. DA Davidson restated a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a research report on Friday, May 1st. JPMorgan Chase & Co. reduced their target price on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. Thirteen 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $472.38.

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.