Tyler Technologies, Inc. (NYSE:TYL) CEO John S. Marr, Jr. sold 17,527 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $183.34, for a total transaction of $3,213,400.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Tyler Technologies, Inc. (TYL) opened at $183.65 on Monday. Tyler Technologies, Inc. has a 1 year low of $139.61 and a 1 year high of $188.21. The stock has a market cap of $6,900.00, a price-to-earnings ratio of 56.33 and a beta of 0.97.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, October 25th. The technology company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.03. Tyler Technologies had a net margin of 16.34% and a return on equity of 12.81%. The firm had revenue of $214.15 million during the quarter, compared to the consensus estimate of $216.80 million. During the same quarter in the previous year, the firm posted $0.94 EPS. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. equities analysts anticipate that Tyler Technologies, Inc. will post 3.28 earnings per share for the current year.

TYL has been the subject of a number of research analyst reports. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $200.00 target price on shares of Tyler Technologies in a research report on Sunday, August 27th. Zacks Investment Research raised shares of Tyler Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. B. Riley downgraded shares of Tyler Technologies from a “buy” rating to a “neutral” rating and set a $184.00 target price for the company. in a research report on Friday, October 27th. Maxim Group set a $197.00 target price on shares of Tyler Technologies and gave the stock a “buy” rating in a research report on Thursday, October 26th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $180.00 target price on shares of Tyler Technologies in a research report on Friday, October 6th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $193.00.

Hedge funds have recently modified their holdings of the company. Zions Bancorporation bought a new stake in shares of Tyler Technologies during the 3rd quarter valued at $156,000. CIBC Asset Management Inc bought a new stake in shares of Tyler Technologies during the 3rd quarter valued at $218,000. D.A. Davidson & CO. grew its position in shares of Tyler Technologies by 13.3% during the 2nd quarter. D.A. Davidson & CO. now owns 1,391 shares of the technology company’s stock valued at $244,000 after acquiring an additional 163 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Tyler Technologies by 8.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,412 shares of the technology company’s stock worth $248,000 after buying an additional 114 shares during the period. Finally, Fiduciary Trust Co. bought a new position in Tyler Technologies in the 2nd quarter worth $250,000. 93.34% of the stock is owned by hedge funds and other institutional investors.

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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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