25,393 Shares in Tyler Technologies, Inc. $TYL Bought by Korea Investment CORP

Key Points

• Korea Investment CORP purchased 25,393 shares of Tyler Technologies worth approximately $7.43 million, representing about 0.06% of the company.
• Institutional investors own 93.3% of Tyler Technologies, with several firms recently initiating or increasing positions.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $456.72. Tyler also exceeded quarterly EPS estimates, reporting $3.08 versus the expected $3.05.

Korea Investment CORP bought a new stake in Tyler Technologies, Inc. (NYSE:TYL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,393 shares of the technology company's stock, valued at approximately $7,426,000. Korea Investment CORP owned about 0.06% of Tyler Technologies as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. DV Equities LLC acquired a new position in shares of Tyler Technologies in the fourth quarter valued at $27,000. Elyxium Wealth LLC acquired a new position in shares of Tyler Technologies in the 4th quarter valued at $29,000. Bayban bought a new position in shares of Tyler Technologies during the 4th quarter worth about $30,000. Cornerstone Planning Group LLC boosted its position in shares of Tyler Technologies by 3,900.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company's stock valued at $34,000 after acquiring an additional 78 shares in the last quarter. Finally, MV Capital Management Inc. bought a new stake in Tyler Technologies in the fourth quarter valued at about $37,000. 93.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TYL has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. Piper Sandler reduced their target price on shares of Tyler Technologies from $543.00 to $491.00 and set an "overweight" rating on the stock in a research note on Friday, July 31st. Truist Financial set a $440.00 target price on shares of Tyler Technologies in a report on Friday, May 1st. Zacks Research upgraded shares of Tyler Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. Finally, Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $456.72.

Tyler Technologies Trading Up 1.5%

NYSE:TYL opened at $355.84 on Tuesday. Tyler Technologies, Inc. has a 1-year low of $270.71 and a 1-year high of $566.58. The business's 50-day moving average price is $310.71 and its two-hundred day moving average price is $323.36. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $14.57 billion, a price-to-earnings ratio of 47.19, a PEG ratio of 2.31 and a beta of 0.81.

Tyler Technologies (NYSE:TYL - Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.05 by $0.03. The firm had revenue of $645.10 million during the quarter, compared to analysts' expectations of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company's revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, equities analysts expect that Tyler Technologies, Inc. will post 10.13 earnings per share for the current year.

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.

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