Tyler Technologies, Inc. (NYSE:TYL) CEO John S. Marr, Jr. sold 11,373 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $170.20, for a total transaction of $1,935,684.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Tyler Technologies, Inc. (NYSE:TYL) traded down 0.062% during trading on Tuesday, reaching $168.935. 138,558 shares of the company traded hands. Tyler Technologies, Inc. has a 12-month low of $139.61 and a 12-month high of $182.49. The company has a 50 day moving average price of $172.62 and a 200 day moving average price of $164.75. The firm has a market capitalization of $6.30 billion, a price-to-earnings ratio of 50.610 and a beta of 0.95.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, July 26th. The technology company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by $0.03. Tyler Technologies had a return on equity of 13.02% and a net margin of 14.73%. The business had revenue of $209.12 million during the quarter, compared to analysts’ expectations of $210.67 million. During the same period in the previous year, the business earned $0.86 EPS. The business’s revenue was up 10.7% compared to the same quarter last year. On average, equities analysts predict that Tyler Technologies, Inc. will post $3.87 EPS for the current year.

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TYL has been the topic of a number of recent analyst reports. B. Riley restated a “buy” rating and issued a $184.00 price target on shares of Tyler Technologies in a research report on Tuesday, May 9th. BidaskClub upgraded shares of Tyler Technologies from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 23rd. Zacks Investment Research upgraded shares of Tyler Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Piper Jaffray Companies reiterated a “buy” rating and set a $200.00 target price on shares of Tyler Technologies in a research report on Sunday. Finally, Maxim Group set a $197.00 target price on shares of Tyler Technologies and gave the stock a “buy” rating in a research report on Monday, July 17th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $189.00.

A number of hedge funds have recently made changes to their positions in the company. Teachers Advisors LLC raised its stake in shares of Tyler Technologies by 2.9% in the fourth quarter. Teachers Advisors LLC now owns 46,469 shares of the technology company’s stock worth $6,634,000 after buying an additional 1,305 shares during the last quarter. Capstone Asset Management Co. raised its position in shares of Tyler Technologies by 5.9% in the first quarter. Capstone Asset Management Co. now owns 3,240 shares of the technology company’s stock valued at $501,000 after buying an additional 180 shares in the last quarter. Retirement Systems of Alabama raised its position in shares of Tyler Technologies by 0.5% in the first quarter. Retirement Systems of Alabama now owns 43,266 shares of the technology company’s stock valued at $6,687,000 after buying an additional 226 shares in the last quarter. Profund Advisors LLC raised its position in shares of Tyler Technologies by 5.8% in the first quarter. Profund Advisors LLC now owns 4,716 shares of the technology company’s stock valued at $729,000 after buying an additional 259 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Tyler Technologies by 1.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 11,811 shares of the technology company’s stock valued at $1,826,000 after buying an additional 200 shares in the last quarter. 91.00% of the stock is owned by institutional investors.

About Tyler Technologies

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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