American Capital Management Inc. Purchases Shares of 101,210 Tyler Technologies, Inc. $TYL

American Capital Management Inc. bought a new position in Tyler Technologies, Inc. (NYSE:TYL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 101,210 shares of the technology company's stock, valued at approximately $29,600,000. Tyler Technologies accounts for about 1.3% of American Capital Management Inc.'s holdings, making the stock its 28th largest holding. American Capital Management Inc. owned about 0.25% of Tyler Technologies at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Cerity Partners LLC boosted its holdings in shares of Tyler Technologies by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company's stock valued at $1,754,000 after purchasing an additional 19 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of Tyler Technologies by 2.0% in the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company's stock worth $611,000 after purchasing an additional 23 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Tyler Technologies by 35.5% in the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company's stock worth $54,000 after buying an additional 27 shares in the last quarter. Glenmede Investment Management LP lifted its position in shares of Tyler Technologies by 4.9% in the third quarter. Glenmede Investment Management LP now owns 615 shares of the technology company's stock worth $322,000 after buying an additional 29 shares in the last quarter. Finally, Blue Trust Inc. boosted its stake in Tyler Technologies by 17.8% during the first quarter. Blue Trust Inc. now owns 199 shares of the technology company's stock valued at $68,000 after buying an additional 30 shares during the last quarter. 93.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a research report on Friday, May 1st. Zacks Research raised shares of Tyler Technologies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. Truist Financial set a $440.00 target price on shares of Tyler Technologies in a report on Friday, May 1st. DA Davidson restated a "buy" rating and set a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. dropped their price target on Tyler Technologies from $650.00 to $525.00 and set an "overweight" rating for the company in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Tyler Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $456.72.

Tyler Technologies Trading Up 0.9%

NYSE:TYL opened at $353.26 on Thursday. The firm has a 50-day simple moving average of $313.04 and a 200-day simple moving average of $323.50. Tyler Technologies, Inc. has a one year low of $270.71 and a one year high of $566.58. The firm has a market cap of $14.47 billion, a P/E ratio of 46.85, a P/E/G ratio of 2.30 and a beta of 0.81. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55.

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

Insiders Place Their Bets

In related news, COO Jeffrey David Puckett sold 8,500 shares of the firm's stock in a transaction on 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 completion of the transaction, the chief operating officer owned 7,784 shares of the company's stock, valued at $2,774,528.96. This trade represents a 52.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.10% of the company's stock.

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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