Strs Ohio Sells 9,498 Shares of Tyler Technologies, Inc. $TYL

Key Points

• Strs Ohio reduced its stake in Tyler Technologies by 41.2% in Q4, selling 9,498 shares and retaining 13,531 shares valued at $6,142,000.
• Insiders have been net sellers, disposing of 7,298 shares worth $2,658,721 over the past 90 days — including COO Jeffrey Puckett's sale of 5,174 shares (~$1.914M) — while insiders own about 1.10% and institutions own 93.30% of the stock.
• Analysts rate TYL a "Moderate Buy" with a $468.53 consensus target; the company beat quarterly EPS ($3.09 vs. $3.01), set FY2026 guidance of 12.50–12.75 EPS, and the stock trades around $327.71 (12‑month range $283.71–$621.34).

Strs Ohio reduced its position in shares of Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 41.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,531 shares of the technology company's stock after selling 9,498 shares during the quarter. Strs Ohio's holdings in Tyler Technologies were worth $6,142,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of TYL. General American Investors Co. Inc. raised its position in shares of Tyler Technologies by 7.2% in the third quarter. General American Investors Co. Inc. now owns 44,381 shares of the technology company's stock worth $23,218,000 after acquiring an additional 3,000 shares during the period. ICICI Prudential Asset Management Co Ltd acquired a new position in shares of Tyler Technologies in the third quarter worth about $2,111,000. Principal Financial Group Inc. raised its position in shares of Tyler Technologies by 11.4% in the third quarter. Principal Financial Group Inc. now owns 1,410,640 shares of the technology company's stock worth $738,010,000 after acquiring an additional 144,612 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Tyler Technologies by 4.9% in the third quarter. Envestnet Asset Management Inc. now owns 172,932 shares of the technology company's stock worth $90,471,000 after acquiring an additional 8,126 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Tyler Technologies in the third quarter worth about $1,749,000. 93.30% of the stock is currently owned by institutional investors.

Insider Activity

In related news, COO Jeffrey David Puckett sold 5,174 shares of the company's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $369.93, for a total transaction of $1,914,017.82. Following the completion of the transaction, the chief operating officer owned 7,754 shares in the company, valued at $2,868,437.22. This represents a 40.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Abigail Marshall Diaz-Pedrosa purchased 610 shares of Tyler Technologies stock in a transaction that occurred on Friday, February 20th. The shares were bought at an average price of $325.08 per share, with a total value of $198,298.80. Following the transaction, the insider owned 1,123 shares in the company, valued at approximately $365,064.84. The trade was a 118.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have sold 7,298 shares of company stock worth $2,658,721. Company insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on TYL shares. TD Cowen decreased their price objective on shares of Tyler Technologies from $600.00 to $500.00 and set a "buy" rating for the company in a research report on Friday, February 13th. Needham & Company LLC reiterated a "buy" rating and issued a $750.00 price objective on shares of Tyler Technologies in a research report on Tuesday, February 3rd. Weiss Ratings downgraded shares of Tyler Technologies from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Friday, April 24th. Oppenheimer decreased their price objective on shares of Tyler Technologies from $510.00 to $450.00 and set an "outperform" rating for the company in a research report on Friday, February 13th. Finally, Stifel Nicolaus decreased their price objective on shares of Tyler Technologies from $550.00 to $400.00 and set a "buy" rating for the company in a research report on Friday, February 13th. Twelve research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Tyler Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $468.53.

Tyler Technologies Stock Down 2.3%

TYL opened at $327.71 on Tuesday. Tyler Technologies, Inc. has a twelve month low of $283.71 and a twelve month high of $621.34. The company has a 50-day moving average price of $342.47 and a 200 day moving average price of $406.38. The company has a market cap of $13.82 billion, a PE ratio of 45.26, a price-to-earnings-growth ratio of 2.25 and a beta of 0.86.

Tyler Technologies (NYSE:TYL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The firm had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. During the same quarter in the prior year, the firm earned $2.78 EPS. The company's revenue for the quarter was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, sell-side analysts expect that Tyler Technologies, Inc. will post 9.93 earnings per share for the current year.

Tyler Technologies 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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