Swedbank AB Has $119.23 Million Stake in Tyler Technologies, Inc. $TYL

Swedbank AB trimmed its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 15.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 262,650 shares of the technology company’s stock after selling 49,800 shares during the period. Swedbank AB’s holdings in Tyler Technologies were worth $119,230,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TYL. Advisors Asset Management Inc. acquired a new stake in shares of Tyler Technologies during the 1st quarter valued at about $38,000. NewEdge Advisors LLC lifted its holdings in Tyler Technologies by 17.8% in the 1st quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock worth $146,000 after purchasing an additional 38 shares during the last quarter. Woodline Partners LP acquired a new stake in Tyler Technologies in the 1st quarter worth approximately $2,102,000. Geneos Wealth Management Inc. lifted its holdings in Tyler Technologies by 137.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after purchasing an additional 40 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in Tyler Technologies by 12.5% in the 2nd quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock worth $368,000 after purchasing an additional 69 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TYL has been the subject of several analyst reports. Weiss Ratings lowered Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Truist Financial set a $440.00 target price on Tyler Technologies in a report on Friday, May 1st. Robert W. Baird set a $455.00 target price on Tyler Technologies in a report on Friday, May 1st. Stifel Nicolaus reduced their target price on Tyler Technologies from $550.00 to $400.00 and set a “buy” rating for the company in a report on Friday, February 13th. Finally, Wells Fargo & Company reduced their target price on Tyler Technologies from $420.00 to $335.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. Twelve equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Tyler Technologies currently has an average rating of “Moderate Buy” and an average target price of $468.53.

Tyler Technologies Stock Up 1.6%

Shares of NYSE TYL opened at $313.54 on Friday. The business’s 50 day moving average is $332.73 and its two-hundred day moving average is $388.81. The company has a market cap of $13.22 billion, a P/E ratio of 43.31, a P/E/G ratio of 2.11 and a beta of 0.86. Tyler Technologies, Inc. has a 12 month low of $283.71 and a 12 month high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping the consensus estimate of $3.01 by $0.08. The company had revenue of $613.50 million for 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 for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Sell-side analysts expect that Tyler Technologies, Inc. will post 9.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Tyler Technologies news, Director Glenn A. Carter sold 1,624 shares of Tyler Technologies stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $349.14, for a total value of $567,003.36. Following the transaction, the director directly owned 5,298 shares of the company’s stock, valued at $1,849,743.72. The trade was a 23.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andrew D. Teed purchased 1,600 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was acquired at an average cost of $309.91 per share, for a total transaction of $495,856.00. Following the completion of the transaction, the director owned 5,118 shares in the company, valued at approximately $1,586,119.38. This trade represents a 45.48% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders sold 7,298 shares of company stock valued at $2,658,721. Corporate insiders own 1.10% 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.