20,747 Shares in Tyler Technologies, Inc. $TYL Purchased by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Key Points

• Retail Employees Superannuation Trust opened a new position in Tyler Technologies, buying 20,747 shares worth about $9.4 million. The stake represents roughly 2.5% of its portfolio and is now its 17th largest holding.
• Tyler Technologies reported better-than-expected quarterly results, with EPS of $3.09 versus $3.01 expected and revenue of $613.5 million, up 8.5% year over year. The company also provided FY 2026 guidance of 12.50–12.75 EPS.
• Despite solid results, the stock was trading lower around $302.50, well below its 52-week high of $621.34. Analysts remain broadly constructive, with 12 Buy ratings and an average price target of $468.53.

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new position in shares of Tyler Technologies, Inc. (NYSE:TYL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 20,747 shares of the technology company's stock, valued at approximately $9,418,000. Tyler Technologies accounts for approximately 2.5% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's investment portfolio, making the stock its 17th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in Tyler Technologies by 4.9% during the third quarter. Envestnet Asset Management Inc. now owns 172,932 shares of the technology company's stock worth $90,471,000 after purchasing an additional 8,126 shares during the period. ICICI Prudential Asset Management Co Ltd bought a new position in Tyler Technologies during the third quarter worth about $2,111,000. Principal Financial Group Inc. grew its holdings in Tyler Technologies by 11.4% during the third quarter. Principal Financial Group Inc. now owns 1,410,640 shares of the technology company's stock worth $738,010,000 after purchasing an additional 144,612 shares during the period. Atlantic Union Bankshares Corp bought a new position in Tyler Technologies during the third quarter worth about $1,749,000. Finally, CenterBook Partners LP bought a new position in Tyler Technologies during the third quarter worth about $1,882,000. Institutional investors own 93.30% of the company's stock.

Tyler Technologies Trading Down 1.6%

NYSE TYL opened at $302.50 on Thursday. Tyler Technologies, Inc. has a 1-year low of $283.71 and a 1-year high of $621.34. The company has a 50 day moving average of $330.30 and a 200-day moving average of $384.93. The company has a market cap of $12.76 billion, a price-to-earnings ratio of 41.78, a PEG ratio of 2.07 and a beta of 0.86.

Tyler Technologies (NYSE:TYL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, beating analysts' consensus estimates of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The company had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. During the same period in the previous year, the business earned $2.78 earnings per share. The firm's quarterly revenue was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, equities research analysts forecast that Tyler Technologies, Inc. will post 9.89 earnings per share for the current year.

Insider Activity

In other news, COO Jeffrey David Puckett sold 5,174 shares of Tyler Technologies stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $369.93, for a total value of $1,914,017.82. Following the completion of the sale, the chief operating officer directly 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Glenn A. Carter sold 1,624 shares of Tyler Technologies stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $349.14, for a total transaction of $567,003.36. Following the completion of the sale, the director owned 5,298 shares of the company's stock, valued at approximately $1,849,743.72. The trade was a 23.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 7,298 shares of company stock worth $2,658,721. Corporate insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

TYL has been the subject of several research reports. TD Cowen cut their price objective on shares of Tyler Technologies from $600.00 to $500.00 and set a "buy" rating for the company in a research report on Friday, February 13th. BTIG Research cut their price objective on shares of Tyler Technologies from $470.00 to $420.00 and set a "buy" rating for the company in a research report on Friday, April 10th. Stifel Nicolaus cut their price objective on shares of Tyler Technologies from $550.00 to $400.00 and set a "buy" rating for the company in a research report on Friday, February 13th. Wells Fargo & Company cut their price objective on shares of Tyler Technologies from $420.00 to $335.00 and set an "equal weight" rating for the company in a research report on Friday, February 13th. Finally, Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a research report on Friday, May 1st. Twelve analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $468.53.

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.

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