Atria Investments Inc Has $2.48 Million Stock Position in Tyler Technologies, Inc. (NYSE:TYL)

Atria Investments Inc boosted its holdings in Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 22.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,295 shares of the technology company's stock after buying an additional 775 shares during the quarter. Atria Investments Inc's holdings in Tyler Technologies were worth $2,477,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in shares of Tyler Technologies in the third quarter worth about $27,000. Sierra Ocean LLC purchased a new stake in shares of Tyler Technologies in the 4th quarter valued at approximately $32,000. Smithfield Trust Co grew its position in Tyler Technologies by 55.6% during the 4th quarter. Smithfield Trust Co now owns 84 shares of the technology company's stock worth $48,000 after purchasing an additional 30 shares in the last quarter. Private Trust Co. NA raised its stake in Tyler Technologies by 51.8% during the 4th quarter. Private Trust Co. NA now owns 85 shares of the technology company's stock valued at $49,000 after purchasing an additional 29 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in Tyler Technologies during the 4th quarter valued at $61,000. Institutional investors own 93.30% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group lifted their price target on Tyler Technologies from $660.00 to $728.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Barclays lifted their target price on Tyler Technologies from $705.00 to $715.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Piper Sandler increased their price target on shares of Tyler Technologies from $701.00 to $747.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. DA Davidson reaffirmed a "neutral" rating and set a $575.00 price objective on shares of Tyler Technologies in a research report on Thursday, January 30th. Finally, Wells Fargo & Company reiterated an "equal weight" rating and issued a $615.00 price objective (down previously from $670.00) on shares of Tyler Technologies in a research note on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, Tyler Technologies currently has an average rating of "Moderate Buy" and an average price target of $676.25.

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Insider Buying and Selling

In other Tyler Technologies news, CEO H Lynn Moore, Jr. sold 6,514 shares of Tyler Technologies stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $617.59, for a total value of $4,022,981.26. Following the transaction, the chief executive officer now directly owns 75,734 shares of the company's stock, valued at $46,772,561.06. The trade was a 7.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John S. Marr, Jr. sold 6,000 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $619.00, for a total value of $3,714,000.00. Following the completion of the sale, the insider now directly owns 6,983 shares of the company's stock, valued at $4,322,477. This represents a 46.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,816 shares of company stock worth $12,832,070. 2.20% of the stock is currently owned by insiders.

Tyler Technologies Stock Down 2.8 %

Shares of TYL stock traded down $15.84 on Thursday, hitting $552.87. The company's stock had a trading volume of 309,782 shares, compared to its average volume of 240,082. The stock has a market capitalization of $23.78 billion, a price-to-earnings ratio of 91.23, a P/E/G ratio of 4.93 and a beta of 0.80. Tyler Technologies, Inc. has a fifty-two week low of $397.80 and a fifty-two week high of $661.31. The firm's fifty day moving average price is $599.39 and its 200-day moving average price is $598.60. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.35 and a quick ratio of 1.21.

Tyler Technologies (NYSE:TYL - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The technology company reported $1.87 earnings per share for the quarter, missing analysts' consensus estimates of $2.44 by ($0.57). Tyler Technologies had a return on equity of 10.15% and a net margin of 12.30%. Research analysts anticipate that Tyler Technologies, Inc. will post 8.52 EPS for the current year.

Tyler Technologies Company Profile

Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.