Expect Equity LLC Invests $1.54 Million in Tyler Technologies, Inc. $TYL

Key Points

• Expect Equity LLC bought 5,260 Tyler Technologies shares during the second quarter, establishing a stake worth approximately $1.54 million. Institutional investors and hedge funds collectively own 93.3% of the company.
• Analysts maintain a broadly positive view of Tyler Technologies, with a consensus rating of “Moderate Buy” and an average price target of $456.72.
• Tyler Technologies reported quarterly EPS of $3.08, slightly exceeding estimates, while revenue rose 8.2% year over year to $645.1 million. Shares opened at $349.82, with a 12-month range of $270.71 to $566.58.

Expect Equity LLC purchased a new stake in Tyler Technologies, Inc. (NYSE:TYL - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,260 shares of the technology company's stock, valued at approximately $1,538,000.

Other hedge funds have also recently bought and sold shares of the company. DV Equities LLC acquired a new position in shares of Tyler Technologies in the fourth quarter valued at approximately $27,000. Elyxium Wealth LLC bought a new stake in Tyler Technologies in the 4th quarter valued at $29,000. Bayban acquired a new position in Tyler Technologies in the 4th quarter valued at $30,000. Cornerstone Planning Group LLC grew its holdings in Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company's stock valued at $34,000 after buying an additional 78 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Tyler Technologies during the 2nd quarter worth $35,000. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TYL shares. UBS Group set a $395.00 target price on shares of Tyler Technologies in a research report on Saturday, August 1st. Zacks Research raised shares of Tyler Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. Citizens Jmp reiterated a "market outperform" rating and issued a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Guggenheim initiated coverage on shares of Tyler Technologies in a report on Wednesday, July 22nd. They issued a "buy" rating and a $440.00 price objective for the company. Finally, BTIG Research decreased 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 report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $456.72.

Tyler Technologies Price Performance

TYL stock opened at $349.82 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $566.58. The firm has a market cap of $14.32 billion, a P/E ratio of 46.39, a P/E/G ratio of 2.34 and a beta of 0.81. The company's 50-day moving average price is $311.74 and its two-hundred day moving average price is $323.41.

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