BLI Banque de Luxembourg Investments Grows Stock Position in Tyler Technologies, Inc. $TYL

BLI Banque de Luxembourg Investments increased its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 20.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 34,820 shares of the technology company’s stock after purchasing an additional 6,020 shares during the quarter. BLI Banque de Luxembourg Investments’ holdings in Tyler Technologies were worth $15,957,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC raised its position in Tyler Technologies by 6,100.0% in the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after purchasing an additional 61 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Tyler Technologies during the fourth quarter worth $29,000. Cornerstone Planning Group LLC increased its position in shares of Tyler Technologies by 3,900.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after acquiring an additional 78 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Tyler Technologies during the first quarter worth $38,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Tyler Technologies by 137.9% during the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after purchasing an additional 40 shares in the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on TYL. Oppenheimer decreased their price objective on shares of Tyler Technologies from $510.00 to $450.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. BTIG Research decreased their target price on shares of Tyler Technologies from $470.00 to $420.00 and set a “buy” rating for the company in a research note on Friday, April 10th. DA Davidson reiterated a “buy” rating and set a $460.00 target price on shares of Tyler Technologies in a research note on Wednesday, May 13th. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price target on shares of Tyler Technologies in a report on Tuesday, April 28th. Finally, Barclays increased their price target on shares of Tyler Technologies from $410.00 to $420.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Tyler Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $468.53.

Insider Transactions at Tyler Technologies

In related news, Director Glenn A. Carter sold 1,624 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $349.14, for a total transaction of $567,003.36. Following the sale, the director owned 5,298 shares in the company, valued at approximately $1,849,743.72. This trade represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.10% of the company’s stock.

Tyler Technologies Price Performance

Shares of Tyler Technologies stock opened at $303.72 on Tuesday. Tyler Technologies, Inc. has a 1 year low of $283.71 and a 1 year high of $621.34. The company has a market capitalization of $12.81 billion, a P/E ratio of 41.95, a P/E/G ratio of 2.10 and a beta of 0.82. The business has a 50 day moving average price of $324.99 and a 200 day moving average price of $376.22.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.08. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The firm had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. During the same period in the previous year, the firm posted $2.78 EPS. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, research analysts expect that Tyler Technologies, Inc. will post 9.91 EPS for the current fiscal year.

Tyler Technologies 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.