Corient Private Wealth LP Makes New $838,000 Investment in Tyler Technologies, Inc. $TYL

Key Points

• Corient Private Wealth acquired 2,865 Tyler Technologies shares worth approximately $838,000 during the second quarter. Institutional investors and hedge funds collectively own 93.30% of the company.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $456.72, despite one recent downgrade and several reduced or cautious assessments.
• Tyler Technologies reported quarterly EPS of $3.08, exceeding expectations, while revenue rose 8.2% year over year to $645.1 million. The stock opened at $363.48, down 4.2%, and a company executive recently sold shares worth about $3.03 million.

Corient Private Wealth LP acquired a new stake in Tyler Technologies, Inc. (NYSE:TYL - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 2,865 shares of the technology company's stock, valued at approximately $838,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. DV Equities LLC bought a new stake in shares of Tyler Technologies during the fourth quarter worth $27,000. Elyxium Wealth LLC bought a new position in Tyler Technologies in the fourth quarter valued at about $29,000. Advisors Asset Management Inc. acquired a new stake in Tyler Technologies in the first quarter worth about $38,000. Bayban acquired a new stake in Tyler Technologies in the fourth quarter worth about $30,000. Finally, Geneos Wealth Management Inc. raised its holdings in Tyler Technologies by 137.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company's stock worth $40,000 after purchasing an additional 40 shares during the last quarter. 93.30% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, COO Jeffrey Puckett sold 8,500 shares of the business's stock in a transaction that occurred 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 in the company, valued at approximately $2,774,528.96. The trade was a 52.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

TYL has been the topic of a number of research reports. Zacks Research downgraded shares of Tyler Technologies from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Guggenheim assumed coverage on shares of Tyler Technologies in a research report on Wednesday, July 22nd. They set a "buy" rating and a $440.00 price target for the company. Weiss Ratings reissued a "sell (d+)" rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. DA Davidson restated a "buy" rating and issued a $460.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. Finally, BTIG Research reduced their price objective 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. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $456.72.

Tyler Technologies Trading Down 4.2%

NYSE:TYL opened at $363.48 on Friday. 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 $325.86 and its two-hundred day moving average price is $325.59. 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 $14.89 billion, a price-to-earnings ratio of 48.21, a PEG ratio of 2.40 and a beta of 0.84.

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, topping the consensus estimate of $3.05 by $0.03. The company 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% compared to the same quarter last year. During the same period in the previous year, the company earned $2.91 EPS. 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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