International Assets Investment Management LLC Purchases 52,140 Shares of Tyler Technologies, Inc. (NYSE:TYL)

International Assets Investment Management LLC increased its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 41,712.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,265 shares of the technology company's stock after buying an additional 52,140 shares during the period. International Assets Investment Management LLC owned 0.12% of Tyler Technologies worth $21,853,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Chilton Capital Management LLC acquired a new position in shares of Tyler Technologies in the 4th quarter valued at $52,000. Column Capital Advisors LLC lifted its stake in Tyler Technologies by 50.5% in the third quarter. Column Capital Advisors LLC now owns 146 shares of the technology company's stock valued at $56,000 after buying an additional 49 shares during the period. Headinvest LLC bought a new position in Tyler Technologies during the third quarter worth about $78,000. AdvisorNet Financial Inc grew its position in shares of Tyler Technologies by 6,700.0% during the 4th quarter. AdvisorNet Financial Inc now owns 272 shares of the technology company's stock worth $114,000 after buying an additional 268 shares during the period. Finally, Ramirez Asset Management Inc. bought a new stake in shares of Tyler Technologies in the 3rd quarter valued at about $116,000. 93.30% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Tyler Technologies news, Director Brenda A. Cline sold 5,000 shares of Tyler Technologies stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $458.83, for a total value of $2,294,150.00. Following the completion of the sale, the director now directly owns 1,358 shares in the company, valued at $623,091.14. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO H Lynn Moore, Jr. sold 7,500 shares of the stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $435.19, for a total transaction of $3,263,925.00. Following the transaction, the chief executive officer now directly owns 75,000 shares of the company's stock, valued at $32,639,250. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Brenda A. Cline sold 5,000 shares of the firm's stock in a transaction on Monday, April 29th. The shares were sold at an average price of $458.83, for a total transaction of $2,294,150.00. Following the completion of the transaction, the director now directly owns 1,358 shares in the company, valued at $623,091.14. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,608 shares of company stock worth $24,268,969. 2.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on TYL. Needham & Company LLC reissued a "buy" rating and set a $500.00 price objective on shares of Tyler Technologies in a research note on Thursday, April 25th. Robert W. Baird lifted their price target on shares of Tyler Technologies from $500.00 to $525.00 and gave the stock an "outperform" rating in a research report on Friday, April 26th. DA Davidson upped their price objective on shares of Tyler Technologies from $412.00 to $434.00 and gave the company a "neutral" rating in a research report on Thursday, February 22nd. JPMorgan Chase & Co. lifted their target price on Tyler Technologies from $500.00 to $526.00 and gave the stock an "overweight" rating in a report on Thursday, February 15th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $490.00 price target on shares of Tyler Technologies in a report on Friday, April 26th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $492.22.

Tyler Technologies Price Performance

Shares of NYSE:TYL traded up $4.54 during trading on Friday, hitting $469.00. 176,465 shares of the company were exchanged, compared to its average volume of 259,654. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.20. Tyler Technologies, Inc. has a 1-year low of $361.16 and a 1-year high of $471.53. The company has a market capitalization of $19.91 billion, a P/E ratio of 106.11, a price-to-earnings-growth ratio of 4.38 and a beta of 0.76. The business's 50 day moving average is $425.73 and its 200-day moving average is $418.48.

Tyler Technologies (NYSE:TYL - Get Free Report) last posted its earnings results on Wednesday, February 14th. The technology company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.06. The firm had revenue of $480.94 million for the quarter, compared to analyst estimates of $483.34 million. Tyler Technologies had a net margin of 9.50% and a return on equity of 9.35%. Equities analysts forecast that Tyler Technologies, Inc. will post 7.14 earnings per share for the current year.

Tyler Technologies Company Profile

Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.