Tyler Technologies VP H Lynn Moore Jr Sells 20,000 Shares (TYL)
Tyler Technologies (NYSE:TYL) VP H Lynn Moore, Jr. sold 20,000 shares of Tyler Technologies stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $99.11, for a total value of $1,982,200.00. Following the transaction, the vice president now directly owns 80,569 shares in the company, valued at approximately $7,985,194. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on TYL shares. Analysts at Evercore Partners raised their price target on shares of Tyler Technologies from $80.00 to $92.00 in a research note to investors on Friday. They now have an “equal weight” rating on the stock. Separately, analysts at Benchmark Co. raised their price target on shares of Tyler Technologies to $110.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Finally, analysts at B. Riley raised their price target on shares of Tyler Technologies from $80.00 to $100.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $84.93.
Shares of Tyler Technologies (NYSE:TYL) traded down 0.18% during mid-day trading on Tuesday, hitting $98.86. The stock had a trading volume of 167,991 shares. Tyler Technologies has a 1-year low of $41.19 and a 1-year high of $81.93. The stock has a 50-day moving average of $75.76 and a 200-day moving average of $67.74. The company has a market cap of $3.167 billion and a P/E ratio of 89.23.
Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.03. The company had revenue of $107.00 million for the quarter, compared to the consensus estimate of $105.60 million. During the same quarter last year, the company posted $0.33 earnings per share. Tyler Technologies’s revenue was up 14.1% compared to the same quarter last year. Analysts expect that Tyler Technologies will post $1.51 EPS for the current fiscal year.
Tyler Technologies, Inc (NYSE:TYL) is a provider of integrated information management solutions and services for the public sector, with a focus on local governments.
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