Insider Selling: Tyler Technologies (NYSE:TYL) CEO Sells 9,250 Shares of Stock

Key Points

• Tyler Technologies CEO H. Moore Jr. sold 9,250 shares at an average price of $372.79, totaling approximately $3.45 million. The sale reduced his direct ownership by 8.44% to 100,392 shares.
• The company reported quarterly adjusted earnings of $3.08 per share, beating estimates by $0.03, while revenue increased 8.2% year over year to $645.1 million.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $456.72, although several firms recently lowered their targets. Institutional investors own 93.3% of the stock.

Tyler Technologies, Inc. (NYSE:TYL - Get Free Report) CEO H. Moore, Jr. sold 9,250 shares of the company's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $372.79, for a total value of $3,448,307.50. Following the transaction, the chief executive officer directly owned 100,392 shares in the company, valued at approximately $37,425,133.68. This trade represents a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Tyler Technologies Stock Performance

NYSE TYL opened at $363.48 on Tuesday. 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 fifty day simple moving average of $327.32 and a 200 day simple moving average of $326.10. The company has a current ratio of 1.55, a quick 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.

Tyler Technologies (NYSE:TYL - Get Free Report) last released its quarterly earnings data 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 net margin of 13.36% and a return on equity of 11.15%. The firm had revenue of $645.10 million for the quarter, compared to the consensus estimate of $647.95 million. During the same quarter in the prior year, the company posted $2.91 earnings per share. The business's 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.

Institutional Investors Weigh In On Tyler Technologies

Institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its position in shares of Tyler Technologies by 29,674.6% during the 2nd quarter. California State Teachers Retirement System now owns 19,141,507 shares of the technology company's stock worth $5,598,125,000 after buying an additional 19,077,219 shares in the last quarter. Guardian Wealth Advisors LLC NC bought a new position in shares of Tyler Technologies in the second quarter valued at approximately $445,000. Wedmont Private Capital purchased a new stake in shares of Tyler Technologies during the second quarter valued at approximately $235,000. Nvest Financial LLC increased its position in shares of Tyler Technologies by 32.4% during the second quarter. Nvest Financial LLC now owns 953 shares of the technology company's stock valued at $279,000 after acquiring an additional 233 shares during the last quarter. Finally, Saudi Central Bank lifted its holdings in Tyler Technologies by 87.2% during the second quarter. Saudi Central Bank now owns 2,972 shares of the technology company's stock worth $869,000 after acquiring an additional 1,384 shares during the period. 93.30% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TYL shares. BTIG Research cut their price target on Tyler Technologies from $420.00 to $400.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Weiss Ratings reissued a "sell (d+)" rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. Piper Sandler dropped their target price on Tyler Technologies from $543.00 to $491.00 and set an "overweight" rating on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. cut their target price on Tyler Technologies from $650.00 to $525.00 and set an "overweight" rating on the stock in a research report on Tuesday, June 23rd. Finally, TD Cowen decreased their price target on Tyler Technologies from $450.00 to $400.00 and set a "buy" rating for the company in a report on Monday, July 27th. One equities research 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $456.72.

About Tyler Technologies

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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