Tyler Technologies, Inc. (NYSE:TYL) CEO John S. Marr, Jr. sold 17,527 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $183.34, for a total value of $3,213,400.18. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Tyler Technologies, Inc. (TYL) traded down $0.46 during trading on Friday, reaching $183.65. The company’s stock had a trading volume of 201,891 shares, compared to its average volume of 196,259. The stock has a market cap of $6,916.67, a P/E ratio of 56.47 and a beta of 0.97. Tyler Technologies, Inc. has a twelve month low of $139.61 and a twelve month high of $188.21.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, October 25th. The technology company reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.03. The business had revenue of $214.15 million for the quarter, compared to the consensus estimate of $216.80 million. Tyler Technologies had a return on equity of 12.81% and a net margin of 16.34%. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.94 EPS. research analysts predict that Tyler Technologies, Inc. will post 3.28 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of TYL. Dimensional Fund Advisors LP boosted its stake in shares of Tyler Technologies by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 130,988 shares of the technology company’s stock worth $20,245,000 after buying an additional 2,595 shares during the last quarter. Aperio Group LLC boosted its stake in shares of Tyler Technologies by 3.9% in the second quarter. Aperio Group LLC now owns 8,795 shares of the technology company’s stock worth $1,545,000 after buying an additional 327 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Tyler Technologies by 5.5% in the second quarter. Russell Investments Group Ltd. now owns 78,999 shares of the technology company’s stock worth $13,878,000 after buying an additional 4,140 shares during the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of Tyler Technologies by 0.8% in the second quarter. Great West Life Assurance Co. Can now owns 20,255 shares of the technology company’s stock worth $3,557,000 after buying an additional 157 shares during the last quarter. Finally, World Asset Management Inc boosted its stake in shares of Tyler Technologies by 5.1% in the second quarter. World Asset Management Inc now owns 2,475 shares of the technology company’s stock worth $435,000 after buying an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 93.34% of the company’s stock.

TYL has been the topic of several recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating on shares of Tyler Technologies in a research report on Tuesday, October 24th. Piper Jaffray Companies reiterated a “buy” rating and set a $200.00 price target on shares of Tyler Technologies in a research note on Friday, October 27th. B. Riley downgraded Tyler Technologies from a “buy” rating to a “neutral” rating and set a $184.00 price target on the stock. in a research note on Friday, October 27th. Zacks Investment Research upgraded Tyler Technologies from a “hold” rating to a “buy” rating and set a $198.00 price target on the stock in a research note on Wednesday, November 1st. Finally, Citigroup started coverage on Tyler Technologies in a research note on Friday, September 22nd. They set a “buy” rating and a $200.00 price target on the stock. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $193.00.

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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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