Stephens Investment Management Group LLC Purchases 7,798 Shares of Tyler Technologies, Inc. $TYL

Stephens Investment Management Group LLC increased its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 5.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 143,322 shares of the technology company’s stock after buying an additional 7,798 shares during the period. Stephens Investment Management Group LLC owned 0.34% of Tyler Technologies worth $49,071,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Cerity Partners LLC lifted its holdings in shares of Tyler Technologies by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after acquiring an additional 19 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of Tyler Technologies by 2.0% during the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after purchasing an additional 23 shares during the period. Signaturefd LLC boosted its position in Tyler Technologies by 4.4% during the 4th quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock valued at $291,000 after buying an additional 27 shares during the period. Brown Brothers Harriman & Co. grew its stake in shares of Tyler Technologies by 35.5% in the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after purchasing an additional 27 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its position in shares of Tyler Technologies by 7.0% in the 4th quarter. Apollon Wealth Management LLC now owns 445 shares of the technology company’s stock worth $202,000 after buying an additional 29 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TYL has been the topic of several research reports. Citizens Jmp reaffirmed a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research report on Tuesday, April 28th. Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a research report on Friday, May 1st. Cantor Fitzgerald increased their target price on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. BTIG Research reiterated a “buy” rating and issued a $420.00 price target on shares of Tyler Technologies in a research note on Wednesday, June 10th. Finally, DA Davidson reiterated a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a research report on Wednesday, June 10th. Thirteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $472.38.

Tyler Technologies Trading Down 0.1%

NYSE TYL opened at $317.63 on Friday. The stock’s 50 day moving average is $309.26 and its 200 day moving average is $354.32. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $621.34. The stock has a market cap of $13.39 billion, a PE ratio of 43.87, a P/E/G ratio of 2.11 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. The business had revenue of $613.50 million during the quarter, compared to analyst estimates of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The company’s revenue was up 8.5% on a year-over-year basis. During the same period last year, the firm posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, analysts forecast that Tyler Technologies, Inc. will post 10.04 EPS for the current fiscal year.

About Tyler Technologies

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.