Tyler Technologies, Inc. (NYSE:TYL – Get Free Report) CEO H Lynn Moore, Jr. sold 5,250 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $481.83, for a total transaction of $2,529,607.50. Following the sale, the chief executive officer now directly owns 75,000 shares in the company, valued at approximately $36,137,250. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Tyler Technologies Stock Up 0.2 %
Shares of NYSE TYL opened at $481.84 on Friday. Tyler Technologies, Inc. has a 1 year low of $361.16 and a 1 year high of $485.40. The company has a market capitalization of $20.46 billion, a P/E ratio of 109.01, a P/E/G ratio of 4.38 and a beta of 0.76. The company has a 50 day simple moving average of $429.06 and a 200-day simple moving average of $420.83. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 0.94.
Tyler Technologies (NYSE:TYL – Get Free Report) last posted its earnings results on Wednesday, February 14th. The technology company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.06. Tyler Technologies had a net margin of 9.50% and a return on equity of 9.35%. The company had revenue of $480.94 million for the quarter, compared to analysts’ expectations of $483.34 million. On average, equities research analysts predict that Tyler Technologies, Inc. will post 7.14 earnings per share for the current year.
Institutional Inflows and Outflows
Analyst Ratings Changes
A number of analysts have commented on the company. JMP Securities reaffirmed a “market outperform” rating and set a $490.00 price target on shares of Tyler Technologies in a research report on Friday, April 26th. Robert W. Baird increased their price target on shares of Tyler Technologies from $500.00 to $525.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. DA Davidson upped their price objective on shares of Tyler Technologies from $412.00 to $434.00 and gave the company a “neutral” rating in a report on Thursday, February 22nd. Oppenheimer raised their target price on shares of Tyler Technologies from $480.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $520.00 price target on shares of Tyler Technologies in a research report on Wednesday, April 24th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $492.22.
Read Our Latest Research Report on TYL
Tyler Technologies Company Profile
Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.
Read More
- Five stocks we like better than Tyler Technologies
- The 3 Best Fintech Stocks to Buy Now
- JFrog Stock Gets Punished for Solid Results: Buy the Dip
- The How and Why of Investing in Gold Stocks
- Will the Surge in GameStop Stock Spark a New Meme Craze?
- Investing in large cap stocks: Diving into big caps
- 3 Stocks Nancy Pelosi Has Been Buying
Receive News & Ratings for Tyler Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies and related companies with MarketBeat.com's FREE daily email newsletter.