4,006 Shares in Tyler Technologies, Inc. $TYL Acquired by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP acquired 4,006 shares of Tyler Technologies during the second quarter, valued at approximately $1.17 million. Institutional investors collectively own 93.3% of the company.
• Tyler Technologies reported quarterly EPS of $3.08, slightly ahead of estimates, while revenue rose 8.2% year over year to $645.1 million. The company provided fiscal 2026 EPS guidance of $12.95 to $13.20.
• Insiders sold shares, including the COO’s $3.03 million sale and the CEO’s $3.45 million sale. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $456.72.

Engineers Gate Manager LP bought a new stake in shares of Tyler Technologies, Inc. (NYSE:TYL - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,006 shares of the technology company's stock, valued at approximately $1,172,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. C WorldWide Group Holding A S grew its stake in shares of Tyler Technologies by 30.3% in the second quarter. C WorldWide Group Holding A S now owns 38,361 shares of the technology company's stock worth $11,219,000 after acquiring an additional 8,928 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Tyler Technologies by 36.6% during the second quarter. NewEdge Advisors LLC now owns 235 shares of the technology company's stock valued at $69,000 after purchasing an additional 63 shares during the last quarter. IFP Advisors Inc lifted its position in Tyler Technologies by 5.9% during the second quarter. IFP Advisors Inc now owns 573 shares of the technology company's stock valued at $168,000 after purchasing an additional 32 shares during the period. Arizona State Retirement System lifted its position in Tyler Technologies by 4.1% during the second quarter. Arizona State Retirement System now owns 12,172 shares of the technology company's stock valued at $3,560,000 after purchasing an additional 481 shares during the period. Finally, Empirical Finance LLC boosted its holdings in Tyler Technologies by 4.0% in the second quarter. Empirical Finance LLC now owns 1,416 shares of the technology company's stock worth $414,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 93.30% of the company's stock.

Insider Buying and Selling at Tyler Technologies

In related news, COO Jeffrey Puckett sold 8,500 shares of the company's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the transaction, the chief operating officer directly owned 7,784 shares in the company, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO H Lynn Moore, Jr. sold 9,250 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the completion of the sale, the chief executive officer directly owned 100,392 shares in the company, valued at $37,425,133.68. This trade represents a 8.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.10% of the company's stock.

Tyler Technologies Trading Down 1.3%

Shares of NYSE TYL opened at $337.21 on Friday. Tyler Technologies, Inc. has a 1-year low of $270.71 and a 1-year high of $538.90. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55. The business's 50 day moving average is $333.22 and its two-hundred day moving average is $327.05. The stock has a market capitalization of $13.81 billion, a P/E ratio of 44.72, a PEG ratio of 2.25 and a beta of 0.84.

Tyler Technologies (NYSE:TYL - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.03. The business had revenue of $645.10 million during the quarter, compared to analyst estimates 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 for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the company earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, research analysts expect that Tyler Technologies, Inc. will post 10.13 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Barclays lifted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 10th. TD Cowen dropped their price target on Tyler Technologies from $450.00 to $400.00 and set a "buy" rating on the stock in a research note on Monday, July 27th. Zacks Research downgraded Tyler Technologies from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 2nd. UBS Group set a $395.00 price objective on Tyler Technologies in a report on Saturday, August 1st. Finally, Guggenheim began coverage on Tyler Technologies in a research report on Wednesday, July 22nd. They set a "buy" rating and a $440.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Tyler Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $456.72.

About Tyler Technologies

Tyler Technologies, Inc provides integrated software and technology services to the public sector. Its customers include local governments, state agencies, courts, schools and other public-sector organizations that use Tyler's solutions to manage administrative, operational and citizen-facing functions.

The company's product portfolio includes enterprise resource planning and financial management software, property tax and assessment systems, court and justice applications, public safety and emergency communications solutions, planning and regulatory systems, school administration software, and platforms for digital government services and electronic payments.

Want to see what other hedge funds are holding TYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tyler Technologies, Inc. (NYSE:TYL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.