Optimize Financial Inc Invests $1.29 Million in Tyler Technologies, Inc. $TYL

Optimize Financial Inc bought a new position in shares of Tyler Technologies, Inc. (NYSE:TYLFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,468 shares of the technology company’s stock, valued at approximately $1,291,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Generali Asset Management SPA SGR acquired a new position in shares of Tyler Technologies during the 2nd quarter worth about $30,000. Root Financial Partners LLC acquired a new stake in shares of Tyler Technologies during the 3rd quarter worth about $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Tyler Technologies during the second quarter worth approximately $32,000. Advisors Asset Management Inc. acquired a new position in Tyler Technologies in the first quarter valued at approximately $38,000. Finally, Geneos Wealth Management Inc. increased its stake in Tyler Technologies by 137.9% in the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after purchasing an additional 40 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Stock Down 8.5%

TYL opened at $332.11 on Wednesday. Tyler Technologies, Inc. has a 52 week low of $321.33 and a 52 week high of $661.31. The business has a 50 day moving average price of $444.14 and a two-hundred day moving average price of $498.15. The company has a market cap of $14.29 billion, a PE ratio of 46.19, a P/E/G ratio of 2.45 and a beta of 0.91.

Key Headlines Impacting Tyler Technologies

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

  • Positive Sentiment: Signed a definitive agreement to acquire For The Record (digital court‑recording pioneer) for an enterprise value reported around $258 million, aimed at deepening Tyler’s courts platform and adding courtroom efficiencies — a strategic fit that expands its justice/records offering. For The Record Will Be Acquired by Tyler Technologies
  • Positive Sentiment: Sell‑side support remains: Needham reaffirmed a Buy rating with a $750 target (large upside vs current levels), signaling continued conviction in Tyler’s long‑term growth story. Needham Reaffirmed Buy
  • Positive Sentiment: William Blair reiterated a Buy and framed the For The Record deal as strategically deepening Tyler’s courts moat — analyst commentary that may support longer‑term investor interest. William Blair Notes
  • Neutral Sentiment: DA Davidson reaffirmed a Neutral rating with a $510 price target — a midpoint view that reflects both the strategic logic of the deal and near‑term execution/valuation questions. DA Davidson Reaffirms Neutral
  • Neutral Sentiment: Multiple watchlist and overview pieces (Yahoo, Kalkine, MarketWatch) are circulating — useful for retail/incoming investor attention but not new fundamental information. Watchlist Coverage
  • Negative Sentiment: Market reaction: shares fell today on markedly higher volume (well above average) and are trading below both the 50‑day and 200‑day moving averages — a technical signal that likely amplified selling pressure.
  • Negative Sentiment: Valuation and scale: Tyler’s market cap (~$14.3B) and current PE (~46x) make even a modest $258M acquisition relatively small; investors may be focusing on valuation, near‑term dilution/ROI and whether the deal moves the needle on revenue growth. MarketWatch Acquisition Note

Insider Activity at Tyler Technologies

In other Tyler Technologies news, Director Glenn A. Carter sold 500 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $458.73, for a total transaction of $229,365.00. Following the completion of the transaction, the director owned 3,172 shares in the company, valued at approximately $1,455,091.56. This represents a 13.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brian K. Miller sold 1,000 shares of Tyler Technologies stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $448.51, for a total transaction of $448,510.00. Following the completion of the sale, the chief financial officer directly owned 17,148 shares in the company, valued at approximately $7,691,049.48. The trade was a 5.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,500 shares of company stock valued at $1,605,605 in the last 90 days. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TYL. Piper Sandler reduced their price objective on shares of Tyler Technologies from $708.00 to $671.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tyler Technologies in a research note on Friday, January 9th. UBS Group restated an “overweight” rating on shares of Tyler Technologies in a research note on Wednesday, October 8th. Robert W. Baird set a $660.00 price objective on Tyler Technologies in a report on Friday, October 31st. Finally, Evercore ISI reissued a “positive” rating on shares of Tyler Technologies in a report on Friday, October 31st. Twelve investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $611.14.

Read Our Latest Report on Tyler Technologies

Tyler Technologies Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding TYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tyler Technologies, Inc. (NYSE:TYLFree Report).

Institutional Ownership 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.