Mitsubishi UFJ Trust & Banking Corp Buys 1,958 Shares of Tyler Technologies, Inc. $TYL

Mitsubishi UFJ Trust & Banking Corp grew its stake in Tyler Technologies, Inc. (NYSE:TYL) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,697 shares of the technology company’s stock after buying an additional 1,958 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Tyler Technologies were worth $16,659,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Van ECK Associates Corp lifted its holdings in Tyler Technologies by 55.1% in the 3rd quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock worth $444,740,000 after purchasing an additional 301,885 shares during the last quarter. Wellington Management Group LLP boosted its position in Tyler Technologies by 72.5% during the third quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock worth $314,302,000 after purchasing an additional 252,488 shares during the period. Impax Asset Management Group plc acquired a new position in Tyler Technologies during the fourth quarter valued at approximately $106,740,000. Vanguard Group Inc. grew its holdings in Tyler Technologies by 4.2% during the third quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company’s stock valued at $3,036,963,000 after purchasing an additional 234,916 shares during the last quarter. Finally, Two Sigma Investments LP raised its position in shares of Tyler Technologies by 189.6% in the third quarter. Two Sigma Investments LP now owns 290,511 shares of the technology company’s stock valued at $151,984,000 after purchasing an additional 190,210 shares during the period. Institutional investors own 93.30% of the company’s stock.

Insiders Place Their Bets

In other news, Director Andrew D. Teed bought 1,600 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average cost of $309.91 per share, with a total value of $495,856.00. Following the completion of the transaction, the director directly owned 5,118 shares in the company, valued at $1,586,119.38. This represents a 45.48% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Abigail Marshall Diaz-Pedrosa purchased 610 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were purchased at an average price of $325.08 per share, for a total transaction of $198,298.80. Following the completion of the purchase, the insider directly owned 1,123 shares of the company’s stock, valued at approximately $365,064.84. This trade represents a 118.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 7,298 shares of company stock valued at $2,658,721 in the last quarter. 1.10% of the stock is currently owned by insiders.

Tyler Technologies Trading Down 4.3%

Shares of Tyler Technologies stock opened at $340.75 on Friday. Tyler Technologies, Inc. has a 1 year low of $283.71 and a 1 year high of $621.34. The company’s fifty day simple moving average is $342.47 and its 200-day simple moving average is $407.78. The company has a market cap of $14.46 billion, a price-to-earnings ratio of 47.07, a PEG ratio of 2.39 and a beta of 0.92.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. The firm had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.68%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, research analysts forecast that Tyler Technologies, Inc. will post 9.93 earnings per share for the current fiscal year.

Key Stories Impacting Tyler Technologies

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

• Positive Sentiment: EPS beat and recurring‑revenue momentum — Tyler reported $3.09 EPS vs. $3.01 consensus, with SaaS growth, strong bookings and rising cash flow highlighting momentum in recurring revenues. Tyler Technologies Q1 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Company raised FY‑2026 EPS guidance — Management set FY26 EPS guidance to $12.50–$12.75, above Street consensus, signaling confidence in profit leverage even as revenue timing shifts. Tyler Technologies Reports First Quarter 2026 Results
• Positive Sentiment: Longer‑term cloud conversion plan and near‑term revenue uplift — Management targets moving 80%+ of on‑prem customers to the cloud by 2030 and said the For The Record acquisition adds roughly $30M to 2026 revenue guidance. That supports longer‑term SaaS mix and recurring revenue growth. Tyler targets 80% of on‑prem customers moved to the cloud by 2030 as For The Record adds ~$30M to 2026 revenue guide
• Neutral Sentiment: Street narrative and target shifts — Analysts and strategists are reframing the investment case (growth vs. margin conversion and SaaS visibility), leading to shifting price targets and debates over valuation multiples. Watch analyst notes for updated targets. How The Investment Narrative For Tyler Technologies (TYL) Is Shifting With New Street Targets
• Negative Sentiment: Revenue missed expectations — Revenue was $613.5M versus consensus near $642M, a notable shortfall that likely drove the negative price reaction despite the EPS beat. Tyler Technologies Q1 results and transcript
• Negative Sentiment: Market reaction and near‑term execution risk — Shares are trading lower as investors focus on the near‑term revenue cadence, the pace of cloud conversions, and how quickly M&A adds to recurring revenue; any softness in bookings or slower cloud migrations would pressure sentiment.

Wall Street Analysts Forecast Growth

TYL has been the subject of a number of analyst reports. Robert W. Baird set a $440.00 price objective on shares of Tyler Technologies in a report on Friday, February 13th. Piper Sandler reiterated an “overweight” rating and issued a $543.00 target price (down from $671.00) on shares of Tyler Technologies in a report on Friday, February 13th. The Goldman Sachs Group set a $420.00 target price on shares of Tyler Technologies in a research report on Friday, February 13th. Weiss Ratings downgraded Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Finally, BTIG Research dropped their price objective on Tyler Technologies from $470.00 to $420.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Twelve analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $466.29.

Tyler Technologies Profile

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.