Tyler Technologies, Inc. $TYL Holdings Raised by Osaic Holdings Inc.

Osaic Holdings Inc. increased its stake in Tyler Technologies, Inc. (NYSE:TYL) by 68.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,050 shares of the technology company’s stock after purchasing an additional 1,649 shares during the quarter. Osaic Holdings Inc.’s holdings in Tyler Technologies were worth $2,383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ProShare Advisors LLC raised its stake in Tyler Technologies by 7.8% during the 2nd quarter. ProShare Advisors LLC now owns 11,511 shares of the technology company’s stock valued at $6,824,000 after purchasing an additional 834 shares during the period. Blair William & Co. IL grew its holdings in shares of Tyler Technologies by 0.9% during the second quarter. Blair William & Co. IL now owns 424,768 shares of the technology company’s stock valued at $251,819,000 after buying an additional 3,894 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in shares of Tyler Technologies by 25.6% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 79,178 shares of the technology company’s stock valued at $46,940,000 after buying an additional 16,133 shares in the last quarter. Lazard Freres Gestion S.A.S. acquired a new position in Tyler Technologies during the second quarter valued at $1,185,000. Finally, Andra AP fonden purchased a new stake in Tyler Technologies in the 2nd quarter worth about $1,493,000. Institutional investors own 93.30% of the company’s stock.

Insider Transactions at Tyler Technologies

In related news, Director Glenn A. Carter sold 500 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $458.73, for a total value of $229,365.00. Following the completion of the sale, the director directly owned 3,172 shares in the company, valued at approximately $1,455,091.56. The trade was a 13.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian K. Miller sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $448.51, for a total value of $448,510.00. Following the sale, the chief financial officer directly owned 17,148 shares of the company’s stock, valued at $7,691,049.48. The trade was a 5.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 3,500 shares of company stock valued at $1,605,605 in the last ninety days. Insiders own 1.10% of the company’s stock.

Tyler Technologies Stock Down 0.1%

NYSE TYL opened at $460.92 on Friday. The stock has a market capitalization of $19.83 billion, a PE ratio of 64.11, a price-to-earnings-growth ratio of 3.51 and a beta of 0.91. Tyler Technologies, Inc. has a 12-month low of $445.64 and a 12-month high of $661.31. The company has a 50 day moving average price of $470.36 and a two-hundred day moving average price of $526.34.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.97 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.09. The business had revenue of $595.88 million for the quarter, compared to the consensus estimate of $594.34 million. Tyler Technologies had a net margin of 13.72% and a return on equity of 10.57%. Tyler Technologies’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.52 EPS. Tyler Technologies has set its FY 2025 guidance at 11.300-11.500 EPS. As a group, equities analysts anticipate that Tyler Technologies, Inc. will post 8.52 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TYL shares. Evercore ISI reaffirmed a “positive” rating on shares of Tyler Technologies in a research note on Friday, October 31st. BTIG Research initiated coverage on shares of Tyler Technologies in a research report on Tuesday, December 16th. They set a “buy” rating and a $560.00 price objective on the stock. Cowen began coverage on shares of Tyler Technologies in a research note on Friday, December 12th. They issued a “buy” rating on the stock. TD Cowen began coverage on shares of Tyler Technologies in a research note on Friday, December 12th. They set a “buy” rating and a $650.00 target price for the company. Finally, Robert W. Baird set a $660.00 price target on shares of Tyler Technologies in a report on Friday, October 31st. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Tyler Technologies has an average rating of “Moderate Buy” and an average price target of $649.31.

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.