Nykredit A S Takes Position in Tyler Technologies, Inc. $TYL

Key Points

• Nykredit A S acquired 18,026 Tyler Technologies shares in the second quarter, valued at approximately $5.27 million. Institutional investors and hedge funds collectively own 93.30% of the company.
• Tyler Technologies reported quarterly EPS of $3.08, exceeding estimates of $3.05, while revenue rose 8.2% year over year to $645.1 million, slightly below expectations.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $456.72, compared with the stock’s reported price of $363.48.

Nykredit A S purchased a new stake in Tyler Technologies, Inc. (NYSE:TYL - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 18,026 shares of the technology company's stock, valued at approximately $5,272,000.

Several other institutional investors and hedge funds have also made changes to their positions in TYL. BlackRock Inc. acquired a new stake in Tyler Technologies during the 2nd quarter worth about $1,129,890,000. Norges Bank purchased a new stake in Tyler Technologies in the 4th quarter worth approximately $921,035,000. State Street Corp boosted its holdings in Tyler Technologies by 1.8% during the third quarter. State Street Corp now owns 1,947,850 shares of the technology company's stock worth $1,019,037,000 after buying an additional 34,178 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its position in shares of Tyler Technologies by 2.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,888,475 shares of the technology company's stock valued at $857,274,000 after acquiring an additional 44,785 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Tyler Technologies by 20.1% in the first quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company's stock valued at $597,681,000 after purchasing an additional 291,564 shares during the period. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Stock Performance

Shares of TYL stock opened at $363.48 on Monday. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $566.58. The company has a market cap of $14.88 billion, a P/E ratio of 48.21, a PEG ratio of 2.40 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. The firm has a fifty day moving average price of $325.86 and a 200 day moving average price of $325.74.

Tyler Technologies (NYSE:TYL - Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share 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 analyst estimates of $647.95 million. During the same quarter last year, the company earned $2.91 EPS. The business's quarterly revenue was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Sell-side analysts predict that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TYL has been the topic of several research analyst reports. DA Davidson reiterated a "buy" rating and issued a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Zacks Research cut Tyler Technologies from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 2nd. BTIG Research dropped their price target on shares of Tyler Technologies from $420.00 to $400.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Piper Sandler lowered their price target on Tyler Technologies from $543.00 to $491.00 and set an "overweight" rating for the company in a report on Friday, July 31st. 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 report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $456.72.

Insider Activity

In other 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 transaction of $3,029,740.00. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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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