655 Shares in Tyler Technologies, Inc. (NYSE:TYL) Bought by Impact Investors Inc

Impact Investors Inc bought a new stake in Tyler Technologies, Inc. (NYSE:TYL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 655 shares of the technology company's stock, valued at approximately $378,000.

Several other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC lifted its position in Tyler Technologies by 2.2% during the third quarter. Geode Capital Management LLC now owns 1,108,908 shares of the technology company's stock worth $645,585,000 after acquiring an additional 24,284 shares during the last quarter. Franklin Resources Inc. lifted its position in Tyler Technologies by 2.0% during the third quarter. Franklin Resources Inc. now owns 912,746 shares of the technology company's stock worth $547,354,000 after acquiring an additional 17,943 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Tyler Technologies by 4.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 904,175 shares of the technology company's stock worth $527,785,000 after acquiring an additional 36,066 shares during the last quarter. Van ECK Associates Corp lifted its position in Tyler Technologies by 1,991.8% during the fourth quarter. Van ECK Associates Corp now owns 550,580 shares of the technology company's stock worth $317,486,000 after acquiring an additional 524,259 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Tyler Technologies by 148.2% during the third quarter. JPMorgan Chase & Co. now owns 461,469 shares of the technology company's stock worth $269,369,000 after acquiring an additional 275,511 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 subject of several research reports. Piper Sandler raised their price objective 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. StockNews.com downgraded shares of Tyler Technologies from a "buy" rating to a "hold" rating in a research report on Monday, February 24th. DA Davidson reiterated a "neutral" rating and issued a $575.00 price target on shares of Tyler Technologies in a research report on Thursday, January 30th. Wells Fargo & Company reiterated an "equal weight" rating and issued a $615.00 price target (down from $670.00) on shares of Tyler Technologies in a research report on Tuesday, January 7th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $700.00 price target on shares of Tyler Technologies in a research report on Tuesday, January 21st. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, Tyler Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $676.25.

Insider Activity at Tyler Technologies

In other Tyler Technologies news, CEO H Lynn Moore, Jr. sold 6,514 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $617.59, for a total transaction of $4,022,981.26. Following the sale, the chief executive officer now owns 75,734 shares of the company's stock, valued at approximately $46,772,561.06. The trade was a 7.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Brian K. Miller sold 6,752 shares of the business's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $613.75, for a total transaction of $4,144,040.00. Following the sale, the chief financial officer now directly owns 11,918 shares in the company, valued at approximately $7,314,672.50. The trade was a 36.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,766 shares of company stock valued at $13,548,346 over the last three months. 2.20% of the stock is owned by insiders.

Tyler Technologies Price Performance

NYSE:TYL traded up $2.25 during mid-day trading on Friday, reaching $607.66. The stock had a trading volume of 325,547 shares, compared to its average volume of 244,776. The stock has a 50-day simple moving average of $598.45 and a two-hundred day simple moving average of $597.61. The stock has a market capitalization of $26.14 billion, a PE ratio of 100.27, a P/E/G ratio of 4.93 and a beta of 0.78. 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, Inc. has a 12 month low of $397.80 and a 12 month high of $661.31.

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

About Tyler Technologies

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.