Inceptionr LLC Makes New Investment in Tyler Technologies, Inc. $TYL

Inceptionr LLC acquired a new stake in shares of Tyler Technologies, Inc. (NYSE:TYL) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,458 shares of the technology company’s stock, valued at approximately $842,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. DV Equities LLC bought a new stake in shares of Tyler Technologies in the 4th quarter worth about $27,000. Salomon & Ludwin LLC boosted its stake in shares of Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after purchasing an additional 61 shares during the period. Elyxium Wealth LLC bought a new position in Tyler Technologies during the 4th quarter valued at about $29,000. Advisors Asset Management Inc. bought a new position in Tyler Technologies during the 1st quarter valued at about $38,000. Finally, Bayban bought a new position in Tyler Technologies during the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on TYL shares. Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a research note on Friday, May 1st. 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. DA Davidson reiterated a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Tyler Technologies in a research note on Tuesday. Finally, Guggenheim began coverage on Tyler Technologies in a research note on Wednesday. They set a “buy” rating and a $440.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $470.47.

Tyler Technologies Price Performance

Shares of Tyler Technologies stock opened at $297.55 on Friday. The stock has a market cap of $12.55 billion, a price-to-earnings ratio of 41.10, a PEG ratio of 1.91 and a beta of 0.82. The firm’s 50-day moving average is $303.92 and its two-hundred day moving average is $338.84. Tyler Technologies, Inc. has a 1 year low of $270.71 and a 1 year high of $621.34.

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

Tyler Technologies Company 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.