Danske Bank A S Acquires 2,560 Shares of Tyler Technologies, Inc. $TYL

Danske Bank A S grew its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 12.9% during the 4th quarter, HoldingsChannel reports. The firm owned 22,349 shares of the technology company’s stock after purchasing an additional 2,560 shares during the quarter. Danske Bank A S’s holdings in Tyler Technologies were worth $10,145,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of TYL. Advisors Asset Management Inc. bought a new position in shares of Tyler Technologies in the 1st quarter valued at $38,000. NewEdge Advisors LLC grew its holdings in shares of Tyler Technologies by 17.8% during the 1st quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock valued at $146,000 after purchasing an additional 38 shares during the last quarter. Woodline Partners LP bought a new stake in shares of Tyler Technologies during the 1st quarter valued at approximately $2,102,000. Geneos Wealth Management Inc. grew its holdings in shares of Tyler Technologies by 137.9% during the 1st 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. Finally, American Century Companies Inc. grew its holdings in shares of Tyler Technologies by 12.5% during the 2nd quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock valued at $368,000 after purchasing an additional 69 shares during the last quarter. Institutional investors own 93.30% of the company’s stock.

Tyler Technologies Price Performance

TYL opened at $327.71 on Tuesday. Tyler Technologies, Inc. has a fifty-two week low of $283.71 and a fifty-two week high of $621.34. The firm has a market capitalization of $13.82 billion, a price-to-earnings ratio of 45.26, a PEG ratio of 2.25 and a beta of 0.86. The company’s 50 day moving average price is $342.47 and its two-hundred day moving average price is $406.38.

Tyler Technologies (NYSE:TYL) last posted its earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $608.66 million. During the same period in the previous year, the firm posted $2.78 EPS. The company’s revenue for the quarter 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. As a group, equities research analysts predict that Tyler Technologies, Inc. will post 9.93 EPS for the current year.

Insider Transactions at Tyler Technologies

In other Tyler Technologies news, Director Daniel M. Pope sold 500 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $355.40, for a total value of $177,700.00. Following the sale, the director owned 2,871 shares in the company, valued at approximately $1,020,353.40. The trade was a 14.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Glenn A. Carter sold 1,624 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $349.14, for a total value of $567,003.36. Following the completion of the sale, the director owned 5,298 shares in the company, valued at $1,849,743.72. This trade represents a 23.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 7,298 shares of company stock worth $2,658,721. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TYL shares. The Goldman Sachs Group set a $420.00 price target on shares of Tyler Technologies in a report on Friday, February 13th. DA Davidson restated a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a research report on Monday. TD Cowen reduced their price objective on Tyler Technologies from $600.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Citizens Jmp restated a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research report on Tuesday, April 28th. Finally, Barclays boosted their price objective on Tyler Technologies from $410.00 to $420.00 and gave the stock an “overweight” rating in a research report on Friday. Twelve equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $468.53.

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.