Universal Beteiligungs und Servicegesellschaft mbH Has $16.28 Million Stock Position in Tyler Technologies, Inc. $TYL

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 33.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,121 shares of the technology company’s stock after purchasing an additional 7,742 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Tyler Technologies were worth $16,281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Americana Partners LLC increased its stake in shares of Tyler Technologies by 40.4% in the 3rd quarter. Americana Partners LLC now owns 699 shares of the technology company’s stock valued at $366,000 after acquiring an additional 201 shares in the last quarter. Root Financial Partners LLC bought a new position in Tyler Technologies during the third quarter worth $28,000. Arkadios Wealth Advisors grew its holdings in Tyler Technologies by 9.8% in the third quarter. Arkadios Wealth Advisors now owns 3,628 shares of the technology company’s stock worth $1,898,000 after purchasing an additional 323 shares during the period. Verdence Capital Advisors LLC increased its stake in Tyler Technologies by 181.7% in the third quarter. Verdence Capital Advisors LLC now owns 1,434 shares of the technology company’s stock valued at $730,000 after purchasing an additional 925 shares in the last quarter. Finally, Allstate Corp bought a new stake in Tyler Technologies in the third quarter valued at $929,000. 93.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tyler Technologies

In other news, CFO Brian K. Miller sold 1,000 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $448.51, for a total value of $448,510.00. Following the completion of the sale, the chief financial officer owned 17,148 shares in the company, valued at $7,691,049.48. This represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Glenn A. Carter sold 500 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $458.73, for a total transaction of $229,365.00. Following the transaction, the director directly owned 3,172 shares in the company, valued at $1,455,091.56. The trade was a 13.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,500 shares of company stock valued at $1,605,605. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TYL. Evercore ISI reissued a “positive” rating on shares of Tyler Technologies in a research report on Friday, October 31st. Needham & Company LLC reaffirmed a “buy” rating on shares of Tyler Technologies in a research note on Wednesday, January 7th. UBS Group reiterated an “overweight” rating on shares of Tyler Technologies in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price objective on Tyler Technologies from $525.00 to $470.00 and set an “equal weight” rating for the company in a report on Thursday, January 8th. Finally, Robert W. Baird set a $660.00 target price on Tyler Technologies in a research report on Friday, October 31st. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $611.14.

Tyler Technologies Stock Down 1.3%

Shares of Tyler Technologies stock opened at $434.72 on Friday. Tyler Technologies, Inc. has a 52 week low of $427.65 and a 52 week high of $661.31. The business has a 50 day moving average price of $454.72 and a 200-day moving average price of $507.56. The company has a market cap of $18.71 billion, a PE ratio of 60.46, a price-to-earnings-growth ratio of 2.98 and a beta of 0.91.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.88 by $0.09. The business had revenue of $595.88 million during the quarter, compared to the consensus estimate of $594.34 million. Tyler Technologies had a return on equity of 10.57% and a net margin of 13.72%.Tyler Technologies’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.52 earnings per share. Tyler Technologies has set its FY 2025 guidance at 11.300-11.500 EPS. As a group, research analysts anticipate that Tyler Technologies, Inc. will post 8.52 EPS 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.