Tyler Technologies (NYSE:TYL) Price Target Cut to $420.00 by Analysts at Wells Fargo & Company

Tyler Technologies (NYSE:TYL) had its target price lowered by Wells Fargo & Company from $470.00 to $420.00 in a report published on Wednesday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the technology company’s stock.

Other equities research analysts have also issued reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tyler Technologies in a research report on Friday, January 9th. BTIG Research initiated 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. Evercore ISI reissued a “positive” rating on shares of Tyler Technologies in a research report on Friday, October 31st. UBS Group restated an “overweight” rating on shares of Tyler Technologies in a research note on Wednesday, October 8th. Finally, DA Davidson reiterated a “neutral” rating and issued a $510.00 target price on shares of Tyler Technologies in a report on Tuesday. Twelve equities 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $607.57.

Tyler Technologies Stock Up 3.4%

Shares of TYL opened at $343.27 on Wednesday. Tyler Technologies has a 52-week low of $320.23 and a 52-week high of $661.31. The company has a market cap of $14.77 billion, a PE ratio of 47.74, a P/E/G ratio of 2.24 and a beta of 0.91. The business has a fifty day moving average of $441.69 and a 200 day moving average of $497.07.

Insider Transactions at Tyler Technologies

In other news, Director Glenn A. Carter sold 500 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $458.73, for a total transaction of $229,365.00. Following the transaction, the director owned 3,172 shares in the company, valued at $1,455,091.56. This trade represents a 13.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Brian K. Miller sold 1,000 shares of Tyler Technologies stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $469.08, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,500 shares of company stock valued at $1,605,605 in the last quarter. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TYL. Pacer Advisors Inc. lifted its position in Tyler Technologies by 21.1% during the fourth quarter. Pacer Advisors Inc. now owns 31,252 shares of the technology company’s stock worth $14,187,000 after buying an additional 5,451 shares in the last quarter. West Tower Group LLC grew its stake in shares of Tyler Technologies by 18.4% in the 4th quarter. West Tower Group LLC now owns 2,575 shares of the technology company’s stock valued at $1,169,000 after buying an additional 400 shares during the period. Meridian Wealth Management LLC grew its position in Tyler Technologies by 3.1% in the fourth quarter. Meridian Wealth Management LLC now owns 1,163 shares of the technology company’s stock worth $528,000 after acquiring an additional 35 shares during the period. ABC Arbitrage SA purchased a new stake in Tyler Technologies in the fourth quarter valued at $214,000. Finally, Tsai Capital Corp lifted its stake in shares of Tyler Technologies by 5.9% in the 4th quarter. Tsai Capital Corp now owns 6,034 shares of the technology company’s stock valued at $2,739,000 after purchasing an additional 334 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies News Summary

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

• Positive Sentiment: Board approves $1 billion share repurchase plan — the large buyback reduces outstanding shares, supports EPS and signals management confidence, a likely near-term tailwind for the stock. Tyler Technologies Announces $1 Billion Share Repurchase Plan
• Positive Sentiment: Acquisition of For The Record (FTR) for ~$212.5M expands Tyler’s court-recording/digital evidence footprint and cross-sell opportunities in public-sector software — a strategic tuck-in that supports recurring SaaS revenue growth. Tyler Technologies Agrees to Buy For The Record for $212.5M
• Positive Sentiment: Multiple analysts reiterate bullish views (Needham reaffirmed Buy, TD Cowen reiterated Buy while trimming its target) — these notes reinforce investor conviction in Tyler’s SaaS momentum and defensive public-sector exposure. Renewed SaaS Momentum and Defensive Fundamentals Underpin Buy on Tyler Technologies
• Neutral Sentiment: Zacks notes earnings growth is expected but says Tyler may lack the right setup for an earnings beat in the next report — useful for near-term expectations but not a firm negative on the long-term thesis. Tyler Technologies (TYL) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: DA Davidson reaffirmed a Neutral rating (TP $510), reflecting that some analysts see upside but want more visibility on execution and margin leverage. DA Davidson Reaffirms Neutral on Tyler
• Negative Sentiment: Wells Fargo cut its price target from $470 to $420 and set an Equal Weight rating — a near-term headwind to sentiment that may cap upside until execution or guidance improves. Wells Fargo Lowers Price Target on Tyler

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.