Tyler Technologies, Inc. (NYSE:TYL) President H Lynn Moore, Jr. sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $170.13, for a total transaction of $2,041,560.00. Following the sale, the president now owns 67,257 shares of the company’s stock, valued at approximately $11,442,433.41. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Tyler Technologies, Inc. (TYL) traded down 0.21% during mid-day trading on Thursday, reaching $169.23. 22,648 shares of the company’s stock traded hands. The firm has a 50-day moving average of $171.01 and a 200 day moving average of $166.18. The company has a market cap of $6.31 billion, a P/E ratio of 50.70 and a beta of 0.95. Tyler Technologies, Inc. has a 12-month low of $139.61 and a 12-month high of $182.49.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, July 26th. The technology company reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.03). The company had revenue of $209.12 million for the quarter, compared to the consensus estimate of $210.67 million. Tyler Technologies had a net margin of 14.73% and a return on equity of 13.02%. Tyler Technologies’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS. Equities analysts forecast that Tyler Technologies, Inc. will post $3.87 EPS for the current year.

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A number of analysts have recently issued reports on TYL shares. Zacks Investment Research upgraded shares of Tyler Technologies from a “hold” rating to a “strong-buy” rating and set a $201.00 target price for the company in a research note on Thursday, June 29th. Maxim Group set a $197.00 target price on shares of Tyler Technologies and gave the stock a “buy” rating in a research note on Monday, July 17th. B. Riley restated a “buy” rating and set a $184.00 target price on shares of Tyler Technologies in a research note on Friday, July 28th. BidaskClub cut shares of Tyler Technologies from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $200.00 price objective on shares of Tyler Technologies in a research note on Sunday, August 27th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Tyler Technologies presently has an average rating of “Buy” and a consensus price target of $193.40.

Institutional investors and hedge funds have recently bought and sold shares of the stock. YHB Investment Advisors Inc. purchased a new stake in Tyler Technologies during the second quarter valued at about $209,000. Lakeview Capital Partners LLC purchased a new stake in Tyler Technologies during the second quarter valued at about $211,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Tyler Technologies by 32.3% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,298 shares of the technology company’s stock valued at $201,000 after purchasing an additional 317 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in Tyler Technologies by 13.3% during the second quarter. D.A. Davidson & CO. now owns 1,391 shares of the technology company’s stock valued at $244,000 after purchasing an additional 163 shares during the last quarter. Finally, Fiduciary Trust Co. purchased a new stake in Tyler Technologies during the second quarter valued at about $250,000. Institutional investors own 91.00% 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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