Tyler Technologies, Inc. $TYL Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC lowered its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 69.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,206 shares of the technology company’s stock after selling 5,105 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Tyler Technologies were worth $1,001,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its holdings in shares of Tyler Technologies by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock valued at $1,754,000 after buying an additional 19 shares in the last quarter. Coldstream Capital Management Inc. grew its stake in Tyler Technologies by 2.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock worth $611,000 after buying an additional 23 shares during the last quarter. Mesirow Financial Investment Management Inc. lifted its position in Tyler Technologies by 0.8% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 3,008 shares of the technology company’s stock worth $1,573,000 after acquiring an additional 25 shares during the period. Signaturefd LLC lifted its position in Tyler Technologies by 4.4% during the 4th quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock worth $291,000 after acquiring an additional 27 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its position in Tyler Technologies by 35.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after acquiring an additional 27 shares during the period. 93.30% of the stock is owned by institutional investors and hedge funds.

Tyler Technologies Trading Down 1.6%

TYL stock opened at $302.50 on Thursday. The stock has a 50-day moving average price of $330.30 and a two-hundred day moving average price of $384.93. Tyler Technologies, Inc. has a 12-month low of $283.71 and a 12-month high of $621.34. The company has a market cap of $12.76 billion, a PE ratio of 41.78, a price-to-earnings-growth ratio of 2.07 and a beta of 0.86.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The firm had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. During the same quarter in the previous year, the business earned $2.78 earnings per share. The firm’s quarterly 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. Equities analysts forecast that Tyler Technologies, Inc. will post 9.89 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on TYL shares. BTIG Research reduced their price target on Tyler Technologies from $470.00 to $420.00 and set a “buy” rating for the company in a report on Friday, April 10th. The Goldman Sachs Group set a $420.00 price objective on Tyler Technologies in a report on Friday, February 13th. Needham & Company LLC reissued a “buy” rating and set a $750.00 price target on shares of Tyler Technologies in a research report on Tuesday, February 3rd. Piper Sandler reissued an “overweight” rating and set a $543.00 price target (down from $671.00) on shares of Tyler Technologies in a research report on Friday, February 13th. Finally, Robert W. Baird set a $455.00 price target on Tyler Technologies in a research report on Friday, May 1st. Twelve investment 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $468.53.

Insiders Place Their Bets

In related news, COO Jeffrey David Puckett sold 5,174 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $369.93, for a total value of $1,914,017.82. Following the transaction, the chief operating officer owned 7,754 shares in the company, valued at approximately $2,868,437.22. The trade was a 40.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Daniel M. Pope sold 500 shares of the business’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 completion of the transaction, the director owned 2,871 shares in the company, valued at approximately $1,020,353.40. This trade represents a 14.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,298 shares of company stock worth $2,658,721 over the last quarter. 1.10% of the stock is owned by corporate insiders.

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.