Amundi Sells 16,451 Shares of Tyler Technologies, Inc. $TYL

Key Points

• Amundi reduced its Tyler Technologies stake by 8.3% in the second quarter, selling 16,451 shares and retaining 181,650 shares valued at approximately $53.1 million. Institutional investors collectively own 93.3% of the company.
• Tyler Technologies reported quarterly EPS of $3.08, slightly above estimates, while revenue rose 8.2% year over year to $645.1 million. The company issued fiscal 2026 EPS guidance of $12.95 to $13.20.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and a $456.72 average price target, although several firms recently lowered their targets. Company insiders also sold shares, including the COO and CEO.

Amundi trimmed its position in Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 8.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 181,650 shares of the technology company's stock after selling 16,451 shares during the period. Amundi owned about 0.44% of Tyler Technologies worth $53,125,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. American Capital Management Inc. raised its stake in shares of Tyler Technologies by 348.9% in the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company's stock worth $33,876,000 after buying an additional 76,903 shares during the period. Edgestream Partners L.P. bought a new position in shares of Tyler Technologies during the 1st quarter valued at approximately $2,739,000. TimesSquare Capital Management LLC grew its stake in shares of Tyler Technologies by 7.6% during the 4th quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company's stock valued at $50,707,000 after acquiring an additional 7,913 shares during the period. Norges Bank purchased a new stake in Tyler Technologies in the 4th quarter worth approximately $921,035,000. Finally, ING Groep NV purchased a new stake in Tyler Technologies in the 4th quarter worth approximately $9,379,000. 93.30% of the stock is currently owned by institutional investors.

Insider Transactions at Tyler Technologies

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on TYL. Piper Sandler decreased 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. JPMorgan Chase & Co. reduced their price objective on shares of Tyler Technologies from $650.00 to $525.00 and set an "overweight" rating for the company in a research note on Tuesday, June 23rd. TD Cowen decreased their price objective on shares of Tyler Technologies from $450.00 to $400.00 and set a "buy" rating on the stock in a research report on Monday, July 27th. BTIG Research lowered their target price on shares of Tyler Technologies from $420.00 to $400.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Barclays lifted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Tyler Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $456.72.

Tyler Technologies Price Performance

NYSE:TYL opened at $335.63 on Friday. The business's 50-day moving average is $329.58 and its 200 day moving average is $326.61. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $555.52. The company has a market capitalization of $13.74 billion, a P/E ratio of 44.51, a P/E/G ratio of 2.26 and a beta of 0.84. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46.

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 (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The business had revenue of $645.10 million for the quarter, compared to analysts' expectations of $647.95 million. During the same period in the prior year, the firm earned $2.91 EPS. The company's revenue for the quarter was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, equities research analysts forecast that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

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.

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