C WorldWide Group Holding A S Has $11.22 Million Stock Position in Tyler Technologies, Inc. $TYL

C WorldWide Group Holding A S lifted its position in shares of Tyler Technologies, Inc. (NYSE:TYLFree Report) by 30.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,361 shares of the technology company’s stock after purchasing an additional 8,928 shares during the quarter. C WorldWide Group Holding A S owned approximately 0.09% of Tyler Technologies worth $11,219,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. American Capital Management Inc. boosted its holdings in Tyler Technologies by 348.9% during the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company’s stock valued at $33,876,000 after purchasing an additional 76,903 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of Tyler Technologies during the 1st quarter worth approximately $2,739,000. TimesSquare Capital Management LLC grew its holdings in shares of Tyler Technologies by 7.6% in the 4th quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock worth $50,707,000 after purchasing an additional 7,913 shares during the last quarter. Norges Bank acquired a new stake in shares of Tyler Technologies in the fourth quarter valued at approximately $921,035,000. Finally, ING Groep NV acquired a new stake in Tyler Technologies in the fourth quarter worth about $9,379,000. Institutional investors and hedge funds own 93.30% of the company’s stock.

Insiders Place Their Bets

In other news, COO Jeffrey Puckett sold 8,500 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the completion of the sale, the chief operating officer owned 7,784 shares in the company, valued at approximately $2,774,528.96. This trade represents a 52.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO H Lynn Moore, Jr. sold 9,250 shares of Tyler Technologies stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $372.79, for a total value of $3,448,307.50. Following the sale, the chief executive officer directly owned 100,392 shares of the company’s stock, valued at approximately $37,425,133.68. The trade was a 8.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Barclays raised their price target on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. DA Davidson reissued a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. UBS Group set a $395.00 price objective on Tyler Technologies in a research note on Saturday, August 1st. JPMorgan Chase & Co. decreased their target price on 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, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Tyler Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $456.72.

Read Our Latest Research Report on TYL

Tyler Technologies Price Performance

NYSE TYL opened at $348.10 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $566.34. The company has a market capitalization of $14.26 billion, a PE ratio of 46.17, a price-to-earnings-growth ratio of 2.40 and a beta of 0.84. The firm’s 50 day moving average is $328.42 and its 200-day moving average is $326.32.

Tyler Technologies (NYSE:TYLGet Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03. Tyler Technologies had a net margin of 13.36% and a return on equity of 11.15%. The business had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. During the same quarter last year, the firm earned $2.91 earnings per share. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities research analysts anticipate that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Tyler Technologies Company Profile

(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.

See Also

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

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