Tyler Technologies, Inc. (NYSE:TYL) Director Larry D. Leinweber sold 3,612 shares of the stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $170.03, for a total transaction of $614,148.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Tyler Technologies, Inc. (NYSE:TYL) traded up 2.22% on Monday, hitting $173.29. 169,288 shares of the stock traded hands. The stock has a market cap of $6.46 billion, a P/E ratio of 51.91 and a beta of 0.95. The stock has a 50-day moving average price of $173.53 and a 200 day moving average price of $163.05. Tyler Technologies, Inc. has a 12-month low of $139.61 and a 12-month high of $182.49.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, July 26th. The technology company reported $0.91 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.94 by $0.03. The firm had revenue of $209.12 million for the quarter, compared to analyst estimates of $210.67 million. Tyler Technologies had a net margin of 14.73% and a return on equity of 13.02%. The firm’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS. On average, equities analysts expect that Tyler Technologies, Inc. will post $3.87 EPS for the current fiscal year.

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Several research analysts have recently issued reports on the stock. B. Riley reiterated a “buy” rating and issued a $184.00 price objective on shares of Tyler Technologies in a report on Sunday, May 14th. Maxim Group reiterated a “buy” rating and issued a $197.00 price objective on shares of Tyler Technologies in a report on Thursday, April 27th. BidaskClub cut shares of Tyler Technologies from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Finally, Zacks Investment Research cut shares of Tyler Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $187.17.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Assetmark Inc. boosted its position in shares of Tyler Technologies by 15.1% in the first quarter. Assetmark Inc. now owns 761 shares of the technology company’s stock worth $118,000 after buying an additional 100 shares in the last quarter. YHB Investment Advisors Inc. purchased a new position in shares of Tyler Technologies during the second quarter worth about $209,000. Lakeview Capital Partners LLC purchased a new position in shares of Tyler Technologies during the second quarter worth about $211,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Tyler Technologies by 32.3% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,298 shares of the technology company’s stock worth $201,000 after buying an additional 317 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in shares of Tyler Technologies by 13.3% in the second quarter. D.A. Davidson & CO. now owns 1,391 shares of the technology company’s stock worth $244,000 after buying an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.

Insider Buying and Selling by Quarter for Tyler Technologies (NYSE:TYL)

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