Tyler Technologies (NYSE:TYL) Stock Price Down 10.9% – Here’s What Happened

Tyler Technologies, Inc. (NYSE:TYL) shares fell 10.9% during mid-day trading on Tuesday . The company traded as low as $321.33 and last traded at $323.3260. 563,861 shares were traded during trading, an increase of 37% from the average session volume of 412,294 shares. The stock had previously closed at $362.88.

Key Headlines Impacting Tyler Technologies

Here are the key news stories impacting Tyler Technologies this week:

• Positive Sentiment: Tyler agreed to buy For The Record, a digital court‑recording pioneer, in a deal that management says will deepen its courts platform and drive courtroom efficiencies. This is a strategic tuck‑in that strengthens Tyler’s justice/courts product moat. For The Record acquisition PR
• Positive Sentiment: Business Wire also covered the acquisition, emphasizing the same strategic rationale for accelerating courtroom efficiencies—another near-term credibility boost for the deal rationale. Business Wire: Acquisition
• Positive Sentiment: Needham & Company reaffirmed a Buy rating and raised/maintained a $750 price target, signaling strong upside expectations from at least one major sell‑side firm. Needham rating (Benzinga)
• Positive Sentiment: William Blair/TipRanks coverage highlights analysts viewing the For The Record deal as strategically accretive and supportive of bullish ratings, reinforcing institutional support for the M&A thesis. TipRanks: Analyst view
• Neutral Sentiment: DA Davidson reaffirmed a Neutral rating with a $510 price target — above current levels but more cautious than other firms, indicating mixed analyst views on near‑term upside. DA Davidson rating (Benzinga)
• Neutral Sentiment: Market and watchlist coverage (Yahoo, Kalkine, MarketWatch) is running, which can increase attention and trading volume but doesn’t change the underlying deal/earnings picture quickly. Yahoo: Watchlist piece Kalkine: Watchlist MarketWatch: Acquisition coverage
• Negative Sentiment: Despite M&A and buy-side support, the stock is trading lower on heavy volume — likely profit-taking after a prior run, short‑term technical selling (price well below the 50/200‑day averages), and valuation concerns (high P/E and PEG), which together are pressuring the share price today.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TYL. UBS Group reissued an “overweight” rating on shares of Tyler Technologies in a research report on Wednesday, October 8th. DA Davidson restated a “neutral” rating and issued a $510.00 target price on shares of Tyler Technologies in a report on Tuesday. The Goldman Sachs Group started coverage on Tyler Technologies in a research report on Tuesday, January 13th. They issued a “buy” rating and a $560.00 price objective for the company. BTIG Research began coverage on Tyler Technologies in a research report on Tuesday, December 16th. They set a “buy” rating and a $560.00 target price on the stock. Finally, Evercore ISI restated a “positive” rating on shares of Tyler Technologies in a report on Friday, October 31st. Twelve research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $611.14.

Tyler Technologies Trading Down 8.5%

The business has a 50-day moving average of $446.92 and a 200 day moving average of $499.79. The firm has a market capitalization of $14.29 billion, a P/E ratio of 46.19, a price-to-earnings-growth ratio of 2.49 and a beta of 0.91.

Insider Buying and Selling

In other Tyler Technologies news, CFO Brian K. Miller sold 1,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $469.08, for a total transaction of $469,080.00. Following the completion of the sale, the chief financial officer owned 12,781 shares in the company, valued at approximately $5,995,311.48. The trade was a 7.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Glenn A. Carter sold 500 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $458.73, for a total transaction of $229,365.00. Following the completion of the transaction, the director directly owned 3,172 shares in the company, valued at $1,455,091.56. This trade represents a 13.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,500 shares of company stock worth $1,605,605 over the last ninety days. 1.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Tyler Technologies

Several large investors have recently added to or reduced their stakes in TYL. Meridian Wealth Management LLC increased its holdings in Tyler Technologies by 2.1% during the 2nd quarter. Meridian Wealth Management LLC now owns 942 shares of the technology company’s stock worth $558,000 after purchasing an additional 19 shares in the last quarter. Cerity Partners LLC grew its holdings in Tyler Technologies by 0.6% during the second quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after buying an additional 19 shares in the last quarter. Nordea Investment Management AB raised its position in Tyler Technologies by 0.6% in the 2nd quarter. Nordea Investment Management AB now owns 3,537 shares of the technology company’s stock valued at $2,068,000 after buying an additional 20 shares during the last quarter. Signaturefd LLC raised its position in Tyler Technologies by 3.9% in the 3rd quarter. Signaturefd LLC now owns 613 shares of the technology company’s stock valued at $321,000 after buying an additional 23 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its holdings in Tyler Technologies by 2.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock worth $611,000 after acquiring an additional 23 shares during the last quarter. Institutional investors own 93.30% of the company’s stock.

About Tyler Technologies

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.