Tyler Technologies, Inc. (NYSE:TYL) Director Larry D. Leinweber sold 22,217 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $182.14, for a total value of $4,046,604.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Tyler Technologies, Inc. (NYSE:TYL) traded down $0.22 during trading on Thursday, reaching $181.28. The company had a trading volume of 141,400 shares, compared to its average volume of 193,401. The company has a market capitalization of $6,818.62, a price-to-earnings ratio of 55.67 and a beta of 0.97. Tyler Technologies, Inc. has a 1-year low of $139.61 and a 1-year high of $188.21.
Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, October 25th. The technology company reported $1.05 EPS for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.03. The business had revenue of $214.15 million for the quarter, compared to analyst estimates of $216.80 million. Tyler Technologies had a return on equity of 12.81% and a net margin of 16.34%. Tyler Technologies’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the company posted $0.94 earnings per share. equities analysts forecast that Tyler Technologies, Inc. will post 3.28 EPS for the current fiscal year.
A number of institutional investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can raised its stake in shares of Tyler Technologies by 0.8% in the second quarter. Great West Life Assurance Co. Can now owns 20,255 shares of the technology company’s stock valued at $3,557,000 after buying an additional 157 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Tyler Technologies by 4.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 98,579 shares of the technology company’s stock valued at $17,318,000 after buying an additional 4,508 shares during the period. Arizona State Retirement System raised its stake in shares of Tyler Technologies by 2.2% in the second quarter. Arizona State Retirement System now owns 14,200 shares of the technology company’s stock valued at $2,495,000 after buying an additional 300 shares during the period. First Trust Advisors LP bought a new stake in shares of Tyler Technologies in the second quarter valued at $776,000. Finally, Teacher Retirement System of Texas raised its stake in shares of Tyler Technologies by 1.7% in the second quarter. Teacher Retirement System of Texas now owns 2,789 shares of the technology company’s stock valued at $490,000 after buying an additional 47 shares during the period. Institutional investors and hedge funds own 93.34% of the company’s stock.
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Tyler Technologies Company Profile
Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.
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