Nykredit A S Takes $5.27 Million Position in Tyler Technologies, Inc. $TYL

Nykredit A S acquired a new stake in Tyler Technologies, Inc. (NYSE:TYL) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 18,026 shares of the technology company’s stock, valued at approximately $5,272,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Quantitative Investment Management LLC grew its holdings in Tyler Technologies by 69.7% during the second quarter. Quantitative Investment Management LLC now owns 8,111 shares of the technology company’s stock worth $2,372,000 after acquiring an additional 3,330 shares during the period. Two Sigma Securities LLC increased its holdings in Tyler Technologies by 9.8% during the 2nd quarter. Two Sigma Securities LLC now owns 1,183 shares of the technology company’s stock valued at $346,000 after acquiring an additional 106 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Tyler Technologies by 13.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 400,775 shares of the technology company’s stock worth $117,211,000 after purchasing an additional 48,832 shares in the last quarter. New Mexico Educational Retirement Board increased its position in Tyler Technologies by 5.0% during the second quarter. New Mexico Educational Retirement Board now owns 2,100 shares of the technology company’s stock worth $614,000 after buying an additional 100 shares in the last quarter. Finally, Mufg Securities Americas Inc. increased its position in Tyler Technologies by 6.6% during the 2nd quarter. Mufg Securities Americas Inc. now owns 1,270 shares of the technology company’s stock worth $371,000 after purchasing an additional 79 shares in the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Piper Sandler cut their price target on Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating for the company in a report on Friday, July 31st. 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 target price for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st. UBS Group set a $395.00 price objective on shares of Tyler Technologies in a research note on Saturday, August 1st. Finally, TD Cowen lowered their price objective 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 research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $456.72.

Insider Activity

In other news, COO Jeffrey Puckett sold 8,500 shares of the business’s 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 transaction, the chief operating officer directly owned 7,784 shares in the company, valued at approximately $2,774,528.96. The trade was a 52.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.10% of the company’s stock.

Tyler Technologies Price Performance

TYL opened at $363.48 on Monday. The firm has a market cap of $14.88 billion, a price-to-earnings ratio of 48.21, a price-to-earnings-growth ratio of 2.40 and a beta of 0.84. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $566.58. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average price is $325.86 and its 200 day moving average price is $325.74.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data 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 quarter in the previous year, the firm posted $2.91 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts expect that Tyler Technologies, Inc. will post 10.13 earnings per share for the current year.

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.