Tyler Technologies Chairman John M. Yeaman Unloads 5,000 Shares (TYL)
Tyler Technologies (NYSE:TYL) Chairman John M. Yeaman unloaded 5,000 shares of Tyler Technologies stock on the open market in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $79.30, for a total value of $396,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Tyler Technologies (NYSE:TYL) traded up 0.78% during mid-day trading on Tuesday, hitting $81.25. 96,422 shares of the company’s stock traded hands. Tyler Technologies has a 1-year low of $66.10 and a 1-year high of $107.99. The stock has a 50-day moving average of $78.8 and a 200-day moving average of $92.87. The company has a market cap of $2.682 billion and a P/E ratio of 66.63.
Tyler Technologies (NYSE:TYL) last released its earnings data on Wednesday, April 23rd. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. The company had revenue of $112.60 million for the quarter, compared to the consensus estimate of $110.04 million. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s revenue for the quarter was up 17.5% on a year-over-year basis. Analysts expect that Tyler Technologies will post $1.87 EPS for the current fiscal year.
Separately, analysts at William Blair upgraded shares of Tyler Technologies from a “market perform” rating to an “outperform” rating in a research note on Friday, April 25th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $92.80.
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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