Tyler Technologies, Inc. (NYSE:TYL) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in Tyler Technologies, Inc. (NYSE:TYL) by 41,712.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 52,265 shares of the technology company’s stock after buying an additional 52,140 shares during the period. International Assets Investment Management LLC’s holdings in Tyler Technologies were worth $21,853,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of TYL. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Tyler Technologies by 15.8% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 18,068 shares of the technology company’s stock worth $6,977,000 after buying an additional 2,468 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Tyler Technologies by 4.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 3,783 shares of the technology company’s stock worth $1,461,000 after acquiring an additional 160 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Tyler Technologies by 13.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 4,744 shares of the technology company’s stock worth $1,832,000 after purchasing an additional 546 shares during the period. Concord Wealth Partners acquired a new position in shares of Tyler Technologies in the 3rd quarter valued at about $144,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Tyler Technologies by 7.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 40,001 shares of the technology company’s stock worth $15,446,000 after purchasing an additional 2,812 shares during the period. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

Tyler Technologies Trading Up 1.0 %

NYSE:TYL opened at $469.00 on Friday. Tyler Technologies, Inc. has a one year low of $361.16 and a one year high of $471.53. The business’s 50-day simple moving average is $425.73 and its 200 day simple moving average is $418.21. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market cap of $19.91 billion, a price-to-earnings ratio of 106.11, a price-to-earnings-growth ratio of 4.34 and a beta of 0.76.

Tyler Technologies (NYSE:TYL) last released its earnings results on Wednesday, February 14th. The technology company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.33 by $0.06. The company had revenue of $480.94 million during the quarter, compared to analysts’ expectations of $483.34 million. Tyler Technologies had a return on equity of 9.35% and a net margin of 9.50%. As a group, sell-side analysts predict that Tyler Technologies, Inc. will post 7.14 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO H Lynn Moore, Jr. sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $435.98, for a total value of $4,359,800.00. Following the sale, the chief executive officer now owns 75,000 shares in the company, valued at approximately $32,698,500. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO H Lynn Moore, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $435.98, for a total value of $4,359,800.00. Following the completion of the sale, the chief executive officer now directly owns 75,000 shares in the company, valued at approximately $32,698,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO H Lynn Moore, Jr. sold 7,500 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $435.19, for a total value of $3,263,925.00. Following the transaction, the chief executive officer now owns 75,000 shares in the company, valued at $32,639,250. The disclosure for this sale can be found here. Insiders sold a total of 55,608 shares of company stock valued at $24,268,969 in the last ninety days. Corporate insiders own 2.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TYL shares. Oppenheimer raised their price target on shares of Tyler Technologies from $480.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, April 26th. JMP Securities restated a “market outperform” rating and set a $490.00 target price on shares of Tyler Technologies in a report on Friday, April 26th. JPMorgan Chase & Co. upped their price target on shares of Tyler Technologies from $500.00 to $526.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. 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 research report on Friday, April 26th. Finally, DA Davidson upped their target price on Tyler Technologies from $412.00 to $434.00 and gave the stock a “neutral” rating in a research report on Thursday, February 22nd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Tyler Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $492.22.

Tyler Technologies Company Profile

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.