Astoria Portfolio Advisors LLC. lowered its position in shares of Tyler Technologies, Inc. (NYSE:TYL – Free Report) by 38.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,360 shares of the technology company’s stock after selling 2,750 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Tyler Technologies were worth $1,979,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its holdings in Tyler Technologies by 21.1% during the fourth quarter. Pacer Advisors Inc. now owns 31,252 shares of the technology company’s stock worth $14,187,000 after buying an additional 5,451 shares in the last quarter. Virtu Financial LLC increased its holdings in shares of Tyler Technologies by 19.6% in the fourth quarter. Virtu Financial LLC now owns 874 shares of the technology company’s stock valued at $396,000 after buying an additional 143 shares in the last quarter. MV Capital Management Inc. bought a new position in shares of Tyler Technologies in the fourth quarter valued at $37,000. Cambient Family Office LLC acquired a new stake in shares of Tyler Technologies during the 4th quarter valued at $201,000. Finally, T. Rowe Price Investment Management Inc. lifted its position in shares of Tyler Technologies by 2.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,888,475 shares of the technology company’s stock valued at $857,274,000 after acquiring an additional 44,785 shares during the last quarter. 93.30% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Weiss Ratings lowered Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and set a $460.00 target price on shares of Tyler Technologies in a report on Wednesday, June 10th. BTIG Research reiterated a “buy” rating and issued a $420.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. Finally, Robert W. Baird set a $455.00 price target on Tyler Technologies in a research note on Friday, May 1st. Twelve analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $468.87.
Tyler Technologies Stock Down 3.0%
TYL opened at $279.18 on Friday. The firm has a market capitalization of $11.77 billion, a P/E ratio of 38.56, a PEG ratio of 1.91 and a beta of 0.82. The stock has a fifty day moving average of $318.24 and a 200-day moving average of $366.58. Tyler Technologies, Inc. has a 12-month low of $274.09 and a 12-month high of $621.34.
Tyler Technologies (NYSE:TYL – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. The business had revenue of $613.50 million for the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.Tyler Technologies’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, analysts expect that Tyler Technologies, Inc. will post 10.02 earnings per share for the current fiscal year.
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.
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