1,977 Shares in Tyler Technologies, Inc. $TYL Bought by Brasada Capital Management LP

Brasada Capital Management LP purchased a new stake in shares of Tyler Technologies, Inc. (NYSE:TYL) during the 2nd quarter, HoldingsChannel reports. The firm purchased 1,977 shares of the technology company’s stock, valued at approximately $578,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TYL. American Capital Management Inc. grew its stake in Tyler Technologies by 348.9% in the 1st quarter. American Capital Management Inc. now owns 98,942 shares of the technology company’s stock valued at $33,876,000 after acquiring an additional 76,903 shares during the period. Principal Financial Group Inc. increased its holdings in Tyler Technologies by 3.1% in the 4th quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock worth $660,089,000 after acquiring an additional 43,421 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Tyler Technologies during the first quarter worth $2,739,000. TimesSquare Capital Management LLC raised its position in Tyler Technologies by 7.6% during the fourth quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock worth $50,707,000 after acquiring an additional 7,913 shares during the period. Finally, Norges Bank purchased a new position in Tyler Technologies during the fourth quarter valued at $921,035,000. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Trading Up 5.0%

Shares of Tyler Technologies stock opened at $370.37 on Friday. The stock has a market cap of $15.17 billion, a P/E ratio of 49.12, a P/E/G ratio of 2.32 and a beta of 0.81. The stock’s 50 day simple moving average is $314.86 and its 200-day simple moving average is $323.65. Tyler Technologies, Inc. has a 1-year low of $270.71 and a 1-year high of $566.58. 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 posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The business had revenue of $645.10 million during the quarter, compared to analyst estimates of $647.95 million. During the same period in the prior year, the business earned $2.91 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Analysts predict that Tyler Technologies, Inc. will post 10.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Barclays lifted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Guggenheim assumed coverage on shares of Tyler Technologies in a research report on Wednesday, July 22nd. They set a “buy” rating and a $440.00 price target for the company. BTIG Research decreased their price target on shares of Tyler Technologies from $420.00 to $400.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. DA Davidson reiterated a “buy” rating and issued a $460.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $456.72.

Insider Transactions at Tyler Technologies

In other Tyler Technologies news, COO Jeffrey David Puckett sold 8,500 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $356.44, for a total value of $3,029,740.00. Following the completion of the sale, the chief operating officer directly 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 filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by insiders.

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.