California State Teachers Retirement System Has $19.14 Million Stock Holdings in Tyler Technologies, Inc. $TYL

California State Teachers Retirement System raised its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 1.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,450 shares of the technology company's stock after purchasing an additional 1,162 shares during the quarter. California State Teachers Retirement System owned approximately 0.16% of Tyler Technologies worth $19,141,507 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. American Capital Management Inc. grew its position in Tyler Technologies by 348.9% during the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company's stock valued at $33,876,000 after acquiring an additional 76,903 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of Tyler Technologies in the first quarter worth about $2,739,000. TimesSquare Capital Management LLC increased its position in Tyler Technologies by 7.6% during the fourth quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company's stock worth $50,707,000 after purchasing an additional 7,913 shares during the last quarter. Norges Bank acquired a new position in shares of Tyler Technologies during the fourth quarter worth $921,035,000. Finally, ING Groep NV purchased a new position in shares of Tyler Technologies during the 4th quarter worth approximately $9,379,000. Institutional investors own 93.30% of the company's stock.

Insider Buying and Selling

In other Tyler Technologies news, CEO H. Moore, Jr. sold 9,250 shares of the business's stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the completion of the sale, the chief executive officer owned 100,392 shares of the company's stock, valued at approximately $37,425,133.68. The trade was a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Jeffrey Puckett sold 8,500 shares of the company's 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 completion of the sale, the chief operating officer directly owned 7,784 shares of the company's stock, valued at approximately $2,774,528.96. This trade represents a 52.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by company insiders.

Tyler Technologies Stock Down 0.6%

Shares of Tyler Technologies stock traded down $2.15 during midday trading on Tuesday, reaching $357.39. 269,795 shares of the company's stock traded hands, compared to its average volume of 749,044. The company has a market cap of $14.64 billion, a price-to-earnings ratio of 47.52, a price-to-earnings-growth ratio of 2.22 and a beta of 0.84. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55. The company's 50 day simple moving average is $330.78 and its 200 day simple moving average is $327.00. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $543.30.

Tyler Technologies (NYSE:TYL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.03. The business 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%.Tyler Technologies's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities analysts expect that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TYL has been the subject of a number of research reports. Guggenheim initiated coverage on Tyler Technologies in a research note on Wednesday, July 22nd. They set a "buy" rating and a $440.00 price target for the company. UBS Group set a $395.00 price objective on shares of Tyler Technologies in a research note on Saturday, August 1st. Zacks Research lowered shares of Tyler Technologies from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 2nd. Piper Sandler decreased their target price on shares of Tyler Technologies from $543.00 to $491.00 and set an "overweight" rating on the stock in a research note on Friday, July 31st. Finally, DA Davidson reiterated a "buy" rating and set a $460.00 price objective on shares of Tyler Technologies 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 given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $456.72.

Tyler Technologies Company Profile

Tyler Technologies, Inc provides integrated software and technology services to the public sector. Its customers include local governments, state agencies, courts, schools and other public-sector organizations that use Tyler's solutions to manage administrative, operational and citizen-facing functions.

The company's product portfolio includes enterprise resource planning and financial management software, property tax and assessment systems, court and justice applications, public safety and emergency communications solutions, planning and regulatory systems, school administration software, and platforms for digital government services and electronic payments.

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