Tyler Technologies, Inc. $TYL Stock: Redmond Asset Management LLC Decreases Position

Redmond Asset Management LLC decreased its position in Tyler Technologies, Inc. (NYSE:TYL) by 26.7% during the 3rd quarter, Holdings Channel reports. The firm owned 14,915 shares of the technology company’s stock after selling 5,428 shares during the quarter. Tyler Technologies comprises about 1.4% of Redmond Asset Management LLC’s holdings, making the stock its 15th biggest position. Redmond Asset Management LLC’s holdings in Tyler Technologies were worth $4,752,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Raiffeisen Bank International AG increased its position in shares of Tyler Technologies by 259.3% in the second quarter. Raiffeisen Bank International AG now owns 97 shares of the technology company’s stock valued at $28,000 after buying an additional 70 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Tyler Technologies in the 2nd quarter worth about $35,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Tyler Technologies in the 2nd quarter worth about $37,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Tyler Technologies by 75.0% in the 1st 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 in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in Tyler Technologies by 235.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 161 shares of the technology company’s stock valued at $54,000 after acquiring an additional 113 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Insider Transactions at Tyler Technologies

In other news, CEO H Lynn Moore, Jr. sold 9,250 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were 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. The trade was a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Jeffrey Puckett sold 8,500 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were 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 of the company’s stock, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by corporate insiders.

Key Tyler Technologies News

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

• Positive Sentiment: Third-quarter non-GAAP earnings were $3.52 per share, exceeding the $3.45–$3.48 analyst estimates and rising from $2.97–$2.91 a year earlier. Revenue increased 8.7% to $647.6 million, while GAAP operating income rose 19.5% to $117.0 million. Tyler Technologies Inc. Q3 Profit Climbs
• Positive Sentiment: Underlying subscription trends remained strong: recurring revenue grew 11.0%, subscription revenue rose 15.3%, and SaaS revenue increased 21.2% to $242.2 million. Record quarterly free cash flow of $277.0 million and approximately $379 million of share repurchases also supported the investment case. Tyler Technologies Q3 Revenue Rises 8.7% to $647.6 Million
• Positive Sentiment: Analyst sentiment remains favorable. TD Cowen issued a Buy rating, while DA Davidson reaffirmed Buy with a $460 price target and Needham raised its target to $500. Tyler also announced additional local-government selections of its AI-powered Priority Based Budgeting solution. Tyler Technologies Receives a Buy from TD Cowen
• Neutral Sentiment: Management maintained 2026 non-GAAP EPS guidance of $12.95–$13.20 and revenue guidance of $2.535–$2.565 billion, indicating profitability expectations remain intact.
• Negative Sentiment: Quarterly revenue fell short of the approximately $651.5 million consensus estimate. The company also reduced the upper end of its 2026 revenue range from $2.575 billion to $2.565 billion, reinforcing concerns that growth may not be accelerating fast enough for a premium-valued software stock. Tyler Technologies Q3 2026 Earnings

Analysts Set New Price Targets

Several research firms have weighed in on TYL. The Goldman Sachs Group downgraded shares of Tyler Technologies from a “buy” rating to a “neutral” rating and dropped their target price for the company from $395.00 to $345.00 in a report on Thursday, October 8th. Zacks Research cut shares of Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. Guggenheim began coverage on shares of Tyler Technologies in a report on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 price target on the stock. UBS Group set a $395.00 price target on shares of Tyler Technologies in a research report on Saturday, August 1st. Finally, Needham & Company LLC increased their price target on shares of Tyler Technologies from $400.00 to $500.00 and gave the company a “buy” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $442.78.

Tyler Technologies Stock Performance

NYSE TYL opened at $361.30 on Thursday. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $510.19. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 47.92, a price-to-earnings-growth ratio of 2.57 and a beta of 0.85. The business has a fifty day moving average of $350.48 and a 200-day moving average of $338.14. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings data on Wednesday, October 28th. The technology company reported $3.52 EPS for the quarter, topping analysts’ consensus estimates of $3.48 by $0.04. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%. The firm had revenue of $647.57 million during the quarter, compared to analysts’ expectations of $651.52 million. During the same quarter last year, the business posted $2.91 EPS. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, analysts predict that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Tyler Technologies Profile

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.