Tyler Technologies, Inc. $TYL Shares Sold by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. cut its position in Tyler Technologies, Inc. (NYSE:TYL) by 91.8% during the first quarter, HoldingsChannel.com reports. The fund owned 270 shares of the technology company’s stock after selling 3,013 shares during the period. Duncker Streett & Co. Inc.’s holdings in Tyler Technologies were worth $92,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Nvest Financial LLC purchased a new position in Tyler Technologies in the 1st quarter valued at $247,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Tyler Technologies by 235.4% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 161 shares of the technology company’s stock valued at $54,000 after buying an additional 113 shares during the last quarter. Stephens Inc. AR lifted its stake in shares of Tyler Technologies by 287.0% in the first quarter. Stephens Inc. AR now owns 11,838 shares of the technology company’s stock worth $4,053,000 after buying an additional 8,779 shares in the last quarter. Stephens Investment Management Group LLC lifted its stake in shares of Tyler Technologies by 5.8% in the first quarter. Stephens Investment Management Group LLC now owns 143,322 shares of the technology company’s stock worth $49,071,000 after buying an additional 7,798 shares in the last quarter. Finally, Praxis Investment Management Inc. boosted its position in Tyler Technologies by 35.5% during the first quarter. Praxis Investment Management Inc. now owns 5,085 shares of the technology company’s stock worth $1,741,000 after acquiring an additional 1,333 shares during the last quarter. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

Tyler Technologies Trading Down 2.2%

NYSE TYL opened at $314.47 on Thursday. The stock has a fifty day simple moving average of $308.07 and a 200-day simple moving average of $350.84. The stock has a market cap of $13.26 billion, a PE ratio of 43.43, a P/E/G ratio of 2.13 and a beta of 0.82. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.08. The firm had revenue of $613.50 million for 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%. Tyler Technologies’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Research analysts predict that Tyler Technologies, Inc. will post 10.04 EPS for the current year.

Analyst Ratings Changes

A number of analysts have commented on the stock. Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a report on Friday, May 1st. DA Davidson restated a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a report on Wednesday, June 10th. Weiss Ratings lowered Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price target on shares of Tyler Technologies in a research report on Tuesday, April 28th. Finally, Robert W. Baird set a $455.00 price objective on shares of Tyler Technologies in a report on Friday, May 1st. Thirteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $472.38.

Tyler Technologies 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.