Tyler Technologies, Inc. (NYSE:TYL) Director Donald R. Brattain sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $167.75, for a total transaction of $419,375.00. Following the sale, the director now owns 15,220 shares of the company’s stock, valued at approximately $2,553,155. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Tyler Technologies, Inc. (NYSE TYL) traded up 1.45% on Friday, reaching $170.18. 122,230 shares of the company traded hands. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 50.98 and a beta of 0.95. The stock’s 50-day moving average is $173.66 and its 200-day moving average is $162.89. Tyler Technologies, Inc. has a 1-year low of $139.61 and a 1-year high of $182.49.

Tyler Technologies (NYSE:TYL) last announced its earnings results on Wednesday, July 26th. The technology company reported $0.91 EPS for the quarter, missing the Zacks’ consensus estimate of $0.94 by $0.03. Tyler Technologies had a net margin of 15.10% and a return on equity of 12.77%. The business had revenue of $209.12 million for the quarter, compared to analysts’ expectations of $210.67 million. During the same period in the prior year, the company posted $0.86 earnings per share. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. Equities research analysts expect that Tyler Technologies, Inc. will post $3.87 EPS for the current year.

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A number of hedge funds have recently made changes to their positions in the stock. Granite Investment Partners LLC acquired a new stake in shares of Tyler Technologies during the first quarter worth approximately $2,884,000. Glen Harbor Capital Management LLC boosted its stake in shares of Tyler Technologies by 1.3% in the first quarter. Glen Harbor Capital Management LLC now owns 16,524 shares of the technology company’s stock worth $2,554,000 after buying an additional 204 shares in the last quarter. Profund Advisors LLC boosted its stake in shares of Tyler Technologies by 5.8% in the first quarter. Profund Advisors LLC now owns 4,716 shares of the technology company’s stock worth $729,000 after buying an additional 259 shares in the last quarter. Personal Capital Advisors Corp boosted its stake in shares of Tyler Technologies by 13.9% in the first quarter. Personal Capital Advisors Corp now owns 97,470 shares of the technology company’s stock worth $15,107,000 after buying an additional 11,862 shares in the last quarter. Finally, NBW Capital LLC boosted its stake in shares of Tyler Technologies by 27.9% in the first quarter. NBW Capital LLC now owns 33,380 shares of the technology company’s stock worth $5,159,000 after buying an additional 7,278 shares in the last quarter. 89.77% of the stock is owned by institutional investors and hedge funds.

TYL has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Tyler Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, April 13th. Maxim Group restated a “buy” rating and set a $197.00 price target on shares of Tyler Technologies in a research note on Thursday, April 27th. B. Riley restated a “buy” rating and set a $184.00 price target on shares of Tyler Technologies in a research note on Friday, April 28th. Finally, BidaskClub lowered shares of Tyler Technologies from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $187.17.

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.

Insider Buying and Selling by Quarter for Tyler Technologies (NYSE:TYL)

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