4,724 Tyler Technologies, Inc. $TYL Shares Sold by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust lowered its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 15.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,708 shares of the technology company’s stock after selling 4,724 shares during the period. Tyler Technologies accounts for approximately 2.0% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s investment portfolio, making the stock its 23rd biggest holding. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust owned approximately 0.06% of Tyler Technologies worth $8,191,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Tyler Technologies during the 2nd quarter worth approximately $1,129,890,000. Bank of America Corp DE bought a new position in shares of Tyler Technologies during the second quarter worth approximately $116,831,000. Deutsche Bank AG acquired a new stake in shares of Tyler Technologies in the second quarter valued at approximately $88,645,000. Principal Financial Group Inc. raised its position in shares of Tyler Technologies by 20.1% in the first quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company’s stock valued at $597,681,000 after buying an additional 291,564 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Tyler Technologies in the second quarter valued at approximately $72,426,000. 93.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on TYL. UBS Group set a $395.00 price objective on Tyler Technologies in a report on Saturday, August 1st. Guggenheim began coverage on Tyler Technologies in a report on Wednesday, July 22nd. They set a “buy” rating and a $440.00 target price on the stock. The Goldman Sachs Group lowered Tyler Technologies from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $395.00 to $345.00 in a report on Thursday, October 8th. TD Cowen decreased their price target on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Finally, Zacks Research downgraded Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $453.89.

Tyler Technologies Trading Up 0.0%

Shares of TYL stock opened at $360.88 on Tuesday. The stock’s fifty day moving average price is $343.52 and its two-hundred day moving average price is $324.54. The company has a market cap of $14.78 billion, a PE ratio of 40.19, a P/E/G ratio of 2.38 and a beta of 0.85. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $524.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55.

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

Insider Buying and Selling at Tyler Technologies

In other Tyler Technologies news, CEO H Lynn Moore, Jr. sold 9,250 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $372.79, for a total value of $3,448,307.50. Following the completion of the transaction, the chief executive officer owned 100,392 shares of the company’s stock, valued at $37,425,133.68. This represents a 8.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Jeffrey Puckett sold 8,500 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $356.44, for a total value of $3,029,740.00. Following the completion of the transaction, the chief operating officer owned 7,784 shares of the company’s stock, valued at $2,774,528.96. This represents a 52.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

About Tyler Technologies

Tyler Technologies, Inc provides integrated software and technology services to public-sector organizations. Its customers include municipalities, counties, states, courts, school districts, public safety agencies, and other government entities. The company’s solutions are designed to help public organizations manage operations, improve service delivery, and engage with residents and constituents.

Tyler’s product portfolio includes enterprise resource planning and financial management software, property tax and appraisal systems, court and justice solutions, public safety and emergency communications platforms, permitting and licensing tools, and software for schools and elections.