Quantitative Investment Management LLC Raises Stock Holdings in Tyler Technologies, Inc. $TYL

Quantitative Investment Management LLC boosted its position in Tyler Technologies, Inc. (NYSE:TYL) by 69.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,111 shares of the technology company’s stock after acquiring an additional 3,330 shares during the period. Quantitative Investment Management LLC’s holdings in Tyler Technologies were worth $2,372,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. DV Equities LLC purchased a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $27,000. Elyxium Wealth LLC bought a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $29,000. Bayban purchased a new position in Tyler Technologies during the fourth quarter valued at $30,000. Cornerstone Planning Group LLC increased its stake in Tyler Technologies by 3,900.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after purchasing an additional 78 shares in the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Tyler Technologies during the second quarter valued at approximately $35,000. 93.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. JPMorgan Chase & Co. cut their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. Barclays lifted their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. UBS Group set a $395.00 price objective on Tyler Technologies in a research report on Saturday, August 1st. Zacks Research upgraded shares of Tyler Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Finally, DA Davidson reissued a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Tyler Technologies has a consensus rating of “Moderate Buy” and an average price target of $456.72.

Tyler Technologies Trading Up 0.2%

Shares of TYL stock opened at $378.87 on Monday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $15.52 billion, a price-to-earnings ratio of 50.25, a price-to-earnings-growth ratio of 2.49 and a beta of 0.81. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $566.58. The stock’s 50-day moving average price is $316.86 and its 200-day moving average price is $323.82.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03. The company had revenue of $645.10 million during the quarter, compared to analyst estimates of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the company earned $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities research analysts predict that Tyler Technologies, Inc. will post 10.13 EPS for the current fiscal year.

Insider Activity

In other news, COO Jeffrey David Puckett sold 8,500 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was 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 in the company, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by company insiders.

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.