Agman Capital LLC Invests $2.68 Million in Tyler Technologies, Inc. $TYL

Agman Capital LLC purchased a new position in shares of Tyler Technologies, Inc. (NYSE:TYL) during the 4th quarter, HoldingsChannel reports. The firm purchased 5,904 shares of the technology company’s stock, valued at approximately $2,680,000. Tyler Technologies accounts for about 2.3% of Agman Capital LLC’s holdings, making the stock its 17th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC grew its stake in Tyler Technologies by 6,100.0% in the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after buying an additional 61 shares during the last quarter. Elyxium Wealth LLC acquired a new position in Tyler Technologies in the 4th quarter valued at $29,000. Advisors Asset Management Inc. acquired a new position in Tyler Technologies in the 1st quarter valued at $38,000. Geneos Wealth Management Inc. grew its stake in Tyler Technologies by 137.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after buying an additional 40 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its stake in Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after buying an additional 78 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TYL has been the topic of a number of research analyst reports. DA Davidson reiterated a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a research note on Wednesday. Barclays raised their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday. Cantor Fitzgerald raised their price target on shares of Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Citizens Jmp restated a “market outperform” rating and issued a $500.00 price target on shares of Tyler Technologies in a research report on Tuesday, April 28th. Finally, Truist Financial set a $440.00 price target on shares of Tyler Technologies in a research report on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $468.87.

Tyler Technologies Stock Performance

NYSE:TYL opened at $297.95 on Friday. The company has a 50-day moving average of $322.10 and a 200-day moving average of $372.20. The company has a market capitalization of $12.56 billion, a price-to-earnings ratio of 41.15, a PEG ratio of 1.99 and a beta of 0.82. Tyler Technologies, Inc. has a 52 week low of $283.71 and a 52 week high of $621.34.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The company had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. During the same period last year, the firm earned $2.78 EPS. The firm’s revenue for the quarter 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. Sell-side analysts forecast that Tyler Technologies, Inc. will post 10.02 EPS for the current year.

About Tyler Technologies

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.