Osaic Holdings Inc. Has $2.38 Million Stake in Tyler Technologies, Inc. $TYL

Osaic Holdings Inc. grew its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 68.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,050 shares of the technology company’s stock after purchasing an additional 1,649 shares during the quarter. Osaic Holdings Inc.’s holdings in Tyler Technologies were worth $2,383,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in TYL. Generali Asset Management SPA SGR bought a new stake in Tyler Technologies during the 2nd quarter valued at approximately $30,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Tyler Technologies during the second quarter worth approximately $32,000. Advisors Asset Management Inc. bought a new stake in shares of Tyler Technologies in the first quarter valued at approximately $38,000. Geneos Wealth Management Inc. grew its stake in shares of Tyler Technologies by 137.9% in the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after acquiring an additional 40 shares during the last quarter. Finally, Johnson Financial Group Inc. grew its stake in shares of Tyler Technologies by 390.9% in the second quarter. Johnson Financial Group Inc. now owns 108 shares of the technology company’s stock worth $64,000 after acquiring an additional 86 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Insiders Place Their Bets

In other Tyler Technologies news, CFO Brian K. Miller sold 1,000 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $448.51, for a total transaction of $448,510.00. Following the completion of the transaction, the chief financial officer directly owned 17,148 shares in the company, valued at $7,691,049.48. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Glenn A. Carter sold 500 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $458.73, for a total transaction of $229,365.00. Following the completion of the sale, the director owned 3,172 shares in the company, valued at $1,455,091.56. This represents a 13.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,500 shares of company stock worth $1,605,605 over the last quarter. Company insiders own 1.10% of the company’s stock.

Tyler Technologies Stock Down 0.1%

NYSE:TYL opened at $460.92 on Friday. The firm has a market capitalization of $19.83 billion, a PE ratio of 64.11, a price-to-earnings-growth ratio of 3.51 and a beta of 0.91. Tyler Technologies, Inc. has a 12-month low of $445.64 and a 12-month high of $661.31. The firm has a 50-day moving average price of $470.36 and a 200 day moving average price of $526.34.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data on Wednesday, October 29th. The technology company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.09. Tyler Technologies had a return on equity of 10.57% and a net margin of 13.72%.The company had revenue of $595.88 million for the quarter, compared to analyst estimates of $594.34 million. During the same period in the prior year, the company posted $2.52 EPS. The company’s revenue was up 10.2% compared to the same quarter last year. Tyler Technologies has set its FY 2025 guidance at 11.300-11.500 EPS. On average, research analysts expect that Tyler Technologies, Inc. will post 8.52 EPS for the current year.

Analyst Ratings Changes

TYL has been the subject of several research analyst reports. TD Cowen initiated coverage on shares of Tyler Technologies in a research note on Friday, December 12th. They set a “buy” rating and a $650.00 target price for the company. BTIG Research started coverage on shares of Tyler Technologies in a research note on Tuesday, December 16th. They issued a “buy” rating and a $560.00 target price for the company. DA Davidson decreased their target price on Tyler Technologies from $540.00 to $510.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tyler Technologies in a report on Tuesday, October 14th. Finally, UBS Group reissued an “overweight” rating on shares of Tyler Technologies in a report on Wednesday, October 8th. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $649.31.

Tyler Technologies Company Profile

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.