Tyler Technologies, Inc. (NYSE:TYL) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,238 shares of the technology company’s stock after selling 277 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Tyler Technologies were worth $1,772,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Tyler Technologies during the 4th quarter valued at approximately $31,000. Lindbrook Capital LLC lifted its position in shares of Tyler Technologies by 50.6% during the 4th quarter. Lindbrook Capital LLC now owns 116 shares of the technology company’s stock valued at $49,000 after buying an additional 39 shares in the last quarter. Chilton Capital Management LLC purchased a new position in shares of Tyler Technologies during the 4th quarter valued at approximately $52,000. Column Capital Advisors LLC lifted its position in shares of Tyler Technologies by 50.5% during the 3rd quarter. Column Capital Advisors LLC now owns 146 shares of the technology company’s stock valued at $56,000 after buying an additional 49 shares in the last quarter. Finally, Headinvest LLC purchased a new position in shares of Tyler Technologies during the 3rd quarter valued at approximately $78,000. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on TYL shares. DA Davidson increased their target price on Tyler Technologies from $412.00 to $434.00 and gave the company a “neutral” rating in a research report on Thursday, February 22nd. Needham & Company LLC restated a “buy” rating and issued a $500.00 price objective on shares of Tyler Technologies in a report on Thursday, April 25th. Oppenheimer raised their price objective on Tyler Technologies from $480.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Robert W. Baird raised their price objective on Tyler Technologies from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Piper Sandler restated an “overweight” rating and issued a $520.00 price objective on shares of Tyler Technologies in a report on Wednesday, April 24th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $480.60.

Tyler Technologies Stock Down 0.8 %

NYSE TYL opened at $461.45 on Wednesday. Tyler Technologies, Inc. has a 52 week low of $361.16 and a 52 week high of $466.10. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.20. The business’s fifty day simple moving average is $424.02 and its 200-day simple moving average is $416.78. The firm has a market cap of $19.59 billion, a PE ratio of 104.40, a P/E/G ratio of 4.34 and a beta of 0.81.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, February 14th. The technology company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.33 by $0.06. Tyler Technologies had a return on equity of 9.35% and a net margin of 9.50%. The business had revenue of $480.94 million for the quarter, compared to analyst estimates of $483.34 million. As a group, equities analysts anticipate that Tyler Technologies, Inc. will post 7.14 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Glenn A. Carter sold 1,650 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $437.84, for a total transaction of $722,436.00. Following the completion of the sale, the director now directly owns 2,011 shares of the company’s stock, valued at approximately $880,496.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Glenn A. Carter sold 1,650 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $437.84, for a total transaction of $722,436.00. Following the completion of the sale, the director now directly owns 2,011 shares of the company’s stock, valued at approximately $880,496.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John S. Marr, Jr. sold 6,500 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $437.49, for a total value of $2,843,685.00. Following the sale, the insider now directly owns 6,400 shares of the company’s stock, valued at $2,799,936. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,608 shares of company stock valued at $21,974,819. 1.50% of the stock is currently owned by insiders.

About Tyler Technologies

Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.