AWM Investment Company Inc. Buys Shares of 145,000 Tyler Technologies, Inc. $TYL

Key Points

• AWM Investment Company acquired 145,000 Tyler Technologies shares during the second quarter, valued at approximately $535,000 and representing a 0.35% stake.
• Institutional investors own 93.30% of Tyler Technologies, with several major firms increasing their positions or initiating new stakes.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $456.72. Tyler recently exceeded quarterly EPS expectations, while revenue increased 8.2% year over year.

AWM Investment Company Inc. purchased a new stake in Tyler Technologies, Inc. (NYSE:TYL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 145,000 shares of the technology company's stock, valued at approximately $535,000. AWM Investment Company Inc. owned 0.35% of Tyler Technologies as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. American Capital Management Inc. raised its holdings in shares of Tyler Technologies by 348.9% during the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company's stock worth $33,876,000 after acquiring an additional 76,903 shares during the period. Principal Financial Group Inc. lifted its stake in Tyler Technologies by 3.1% in the 4th quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company's stock valued at $660,089,000 after acquiring an additional 43,421 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Tyler Technologies during the 1st quarter worth 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 worth $50,707,000 after acquiring an additional 7,913 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Tyler Technologies in the fourth quarter valued at approximately $921,035,000. 93.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. TD Cowen reduced their target price on shares of Tyler Technologies from $450.00 to $400.00 and set a "buy" rating for the company in a report on Monday, July 27th. Barclays lifted their target price on Tyler Technologies from $420.00 to $425.00 and gave the company an "overweight" rating in a research report on Wednesday, June 10th. Truist Financial set a $440.00 price target on Tyler Technologies in a research note on Friday, May 1st. Cantor Fitzgerald upped their price objective on Tyler Technologies from $325.00 to $360.00 and gave the stock a "neutral" rating in a research note on Friday, May 1st. Finally, UBS Group set a $395.00 target price on shares of Tyler Technologies in a research note on Saturday, August 1st. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $456.72.

Tyler Technologies Price Performance

Shares of TYL opened at $349.82 on Wednesday. The company's 50-day moving average is $311.74 and its 200-day moving average is $323.41. 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 firm has a market capitalization of $14.32 billion, a PE ratio of 46.39, a PEG ratio of 2.34 and a beta of 0.81. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $566.58.

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

About Tyler Technologies

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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