Tyler Technologies, Inc. (NYSE:TYL) Receives Average Rating of “Moderate Buy” from Brokerages

Tyler Technologies, Inc. (NYSE:TYL) has earned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $468.5333.

TYL has been the subject of several research analyst reports. Robert W. Baird set a $455.00 price objective on shares of Tyler Technologies in a research report on Friday, May 1st. The Goldman Sachs Group set a $420.00 price objective on shares of Tyler Technologies in a research report on Friday, February 13th. DA Davidson restated a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a research report on Wednesday, May 13th. Wells Fargo & Company lowered 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 report on Friday, February 13th. Finally, Stifel Nicolaus lowered 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 report on Friday, February 13th.

Tyler Technologies Stock Performance

NYSE:TYL opened at $317.04 on Friday. The stock has a fifty day moving average price of $334.33 and a 200-day moving average price of $390.52. The company has a market cap of $13.37 billion, a price-to-earnings ratio of 43.79, a PEG ratio of 2.18 and a beta of 0.86. Tyler Technologies has a fifty-two week low of $283.71 and a fifty-two week high of $621.34.

Tyler Technologies (NYSE:TYL) last released its earnings results 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 the consensus estimate of $608.66 million. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The company’s revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Research analysts predict that Tyler Technologies will post 9.89 EPS for the current fiscal year.

Insider Buying and Selling at Tyler Technologies

In related news, insider Abigail Marshall Diaz-Pedrosa bought 610 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were purchased at an average price of $325.08 per share, with a total value of $198,298.80. Following the completion of the purchase, the insider owned 1,123 shares in the company, valued at $365,064.84. This represents a 118.91% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Daniel M. Pope sold 500 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $355.40, for a total transaction of $177,700.00. Following the sale, the director directly owned 2,871 shares in the company, valued at approximately $1,020,353.40. The trade was a 14.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 7,298 shares of company stock valued at $2,658,721. 1.10% of the stock is currently owned by insiders.

Institutional Trading of Tyler Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Root Financial Partners LLC bought a new stake in shares of Tyler Technologies during the third quarter worth $28,000. DV Equities LLC bought a new stake in shares of Tyler Technologies during the fourth quarter worth $27,000. Salomon & Ludwin LLC grew its stake in shares of Tyler Technologies by 6,100.0% during the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after buying an additional 61 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of Tyler Technologies during the fourth quarter worth $29,000. Finally, Advisors Asset Management Inc. bought a new stake in shares of Tyler Technologies during the first quarter worth $38,000. Institutional investors own 93.30% of the company’s stock.

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.