Tyler Technologies, Inc. (NYSE:TYL) Director Dustin R. Womble sold 20,000 shares of the company’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of $211.12, for a total value of $4,222,400.00. Following the completion of the transaction, the director now owns 1,500 shares of the company’s stock, valued at $316,680. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Tyler Technologies, Inc. (NYSE TYL) opened at $209.48 on Wednesday. Tyler Technologies, Inc. has a 1 year low of $152.00 and a 1 year high of $213.38. The stock has a market capitalization of $7,870.00, a PE ratio of 57.71 and a beta of 0.97.

How to Become a New Pot Stock Millionaire

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, February 21st. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.03. Tyler Technologies had a return on equity of 12.49% and a net margin of 19.50%. The firm had revenue of $217.85 million during the quarter, compared to the consensus estimate of $220.56 million. During the same quarter in the previous year, the business earned $0.90 earnings per share. The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. analysts anticipate that Tyler Technologies, Inc. will post 3.87 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. grew its position in Tyler Technologies by 1.6% during the fourth quarter. BlackRock Inc. now owns 2,915,372 shares of the technology company’s stock valued at $516,165,000 after acquiring an additional 46,298 shares during the period. TimesSquare Capital Management LLC grew its position in Tyler Technologies by 9.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 811,300 shares of the technology company’s stock valued at $143,641,000 after acquiring an additional 69,650 shares during the period. Franklin Resources Inc. grew its position in Tyler Technologies by 35.6% during the fourth quarter. Franklin Resources Inc. now owns 796,423 shares of the technology company’s stock valued at $141,009,000 after acquiring an additional 209,004 shares during the period. Two Creeks Capital Management LP grew its position in Tyler Technologies by 9.2% during the fourth quarter. Two Creeks Capital Management LP now owns 589,107 shares of the technology company’s stock valued at $104,301,000 after acquiring an additional 49,865 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Tyler Technologies by 7.8% during the third quarter. Bank of New York Mellon Corp now owns 456,309 shares of the technology company’s stock valued at $79,545,000 after acquiring an additional 33,100 shares during the period. 94.47% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently commented on TYL shares. Maxim Group set a $220.00 target price on Tyler Technologies and gave the company a “buy” rating in a research note on Thursday, February 22nd. Robert W. Baird started coverage on Tyler Technologies in a research note on Tuesday. They issued an “outperform” rating for the company. Zacks Investment Research lowered Tyler Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. Evercore ISI reiterated a “buy” rating and issued a $210.00 target price on shares of Tyler Technologies in a research note on Friday, February 23rd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $235.00 target price on shares of Tyler Technologies in a research note on Friday, February 23rd. One analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $203.70.

COPYRIGHT VIOLATION NOTICE: “Insider Selling: Tyler Technologies, Inc. (TYL) Director Sells 20,000 Shares of Stock” was posted by Daily Political and is the property of of Daily Political. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://www.dailypolitical.com/2018/03/14/insider-selling-tyler-technologies-inc-tyl-director-sells-20000-shares-of-stock.html.

About Tyler Technologies

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)

Receive News & Ratings for Tyler Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies and related companies with MarketBeat.com's FREE daily email newsletter.