Abound Financial LLC Purchases Shares of 1,791 Tyler Technologies, Inc. $TYL

Abound Financial LLC purchased a new stake in Tyler Technologies, Inc. (NYSE:TYL) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,791 shares of the technology company’s stock, valued at approximately $813,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TYL. Salomon & Ludwin LLC increased its stake 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 in the last quarter. Elyxium Wealth LLC bought a new stake in Tyler Technologies in the fourth quarter valued at $29,000. Cornerstone Planning Group LLC increased its stake in Tyler Technologies by 3,900.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after purchasing an additional 78 shares in the last quarter. Sfam LLC bought a new stake in Tyler Technologies in the fourth quarter valued at $37,000. Finally, Advisors Asset Management Inc. bought a new stake in Tyler Technologies in the first quarter valued at $38,000. 93.30% of the stock is owned by institutional investors.

Tyler Technologies Stock Down 3.1%

TYL opened at $289.49 on Tuesday. The stock has a market cap of $12.21 billion, a price-to-earnings ratio of 39.98, a PEG ratio of 1.99 and a beta of 0.83. Tyler Technologies, Inc. has a twelve month low of $283.71 and a twelve month high of $621.34. The company’s 50-day moving average price is $321.12 and its two-hundred day moving average price is $370.35.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. The company had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. Tyler Technologies’s revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, sell-side analysts anticipate that Tyler Technologies, Inc. will post 10.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on TYL shares. Robert W. Baird set a $455.00 target price on shares of Tyler Technologies in a research report on Friday, May 1st. Barclays boosted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Cantor Fitzgerald boosted their target price 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 reissued a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a research report on Tuesday, April 28th. Finally, BTIG Research reissued a “buy” rating and set a $420.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Twelve analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Tyler Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $468.87.

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.