Tyler Technologies (NYSE:TYL) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Tyler Technologies, Inc. (NYSE:TYL) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $324.16 and traded as high as $334.25. Tyler Technologies shares last traded at $332.8480, with a volume of 351,222 shares trading hands.

Analysts Set New Price Targets

Several analysts have commented on the stock. The Goldman Sachs Group cut shares of Tyler Technologies from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $395.00 to $345.00 in a research note on Thursday. Guggenheim assumed coverage on Tyler Technologies in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 target price for the company. JPMorgan Chase & Co. dropped their price target on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. Zacks Research cut Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. Finally, TD Cowen decreased their price target on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $450.28.

Tyler Technologies Stock Down 0.5%

The stock’s fifty day moving average is $337.89 and its two-hundred day moving average is $324.02. The stock has a market capitalization of $13.49 billion, a P/E ratio of 43.69, a PEG ratio of 2.19 and a beta of 0.85. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, beating the consensus estimate of $3.05 by $0.03. The business had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. Tyler Technologies had a net margin of 13.36% and a return on equity of 11.15%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, research analysts predict that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, COO Jeffrey Puckett sold 8,500 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the completion of the sale, the chief operating officer owned 7,784 shares in the company, valued at $2,774,528.96. This represents a 52.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO H. Moore, Jr. sold 9,250 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the transaction, the chief executive officer directly owned 100,392 shares of the company’s stock, valued at $37,425,133.68. This represents a 8.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in shares of Tyler Technologies by 17.8% in the first quarter. Blue Trust Inc. now owns 199 shares of the technology company’s stock worth $68,000 after acquiring an additional 30 shares during the last quarter. IFP Advisors Inc grew its position in shares of Tyler Technologies by 5.9% in the 2nd quarter. IFP Advisors Inc now owns 573 shares of the technology company’s stock valued at $168,000 after buying an additional 32 shares during the last quarter. Empirical Finance LLC raised its holdings in Tyler Technologies by 4.0% during the 2nd quarter. Empirical Finance LLC now owns 1,416 shares of the technology company’s stock worth $414,000 after purchasing an additional 55 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Tyler Technologies by 75.0% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 147 shares of the technology company’s stock worth $50,000 after buying an additional 63 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Tyler Technologies by 36.6% during the 2nd quarter. NewEdge Advisors LLC now owns 235 shares of the technology company’s stock valued at $69,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Company Profile

Tyler Technologies, Inc (NYSE: TYL) provides integrated software and technology services for the public sector. Its solutions are designed for state and local governments, courts, public safety agencies, schools, and other public-sector organizations, helping them manage administrative operations, deliver services, and engage with residents.

The company’s offerings include enterprise resource planning software, court and justice systems, public safety applications, property tax and assessment tools, permitting and licensing solutions, digital government platforms, data and analytics products, and payment services.