Tyler Technologies, Inc. (NYSE:TYL) Director Larry D. Leinweber sold 50,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $182.21, for a total transaction of $9,110,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Tyler Technologies, Inc. (TYL) traded down $0.01 on Wednesday, reaching $183.70. 522,700 shares of the company traded hands, compared to its average volume of 193,576. Tyler Technologies, Inc. has a 12 month low of $139.61 and a 12 month high of $188.21. The company has a market capitalization of $6,901.64, a PE ratio of 56.35 and a beta of 0.97.
Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, October 25th. The technology company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.03. Tyler Technologies had a net margin of 16.34% and a return on equity of 12.81%. The company had revenue of $214.15 million for the quarter, compared to analysts’ expectations of $216.80 million. During the same quarter in the previous year, the business posted $0.94 earnings per share. Tyler Technologies’s quarterly revenue was up 10.1% on a year-over-year basis. sell-side analysts expect that Tyler Technologies, Inc. will post 3.28 EPS for the current year.
A number of institutional investors and hedge funds have recently made changes to their positions in TYL. JPMorgan Chase & Co. increased its position in Tyler Technologies by 40.2% during the second quarter. JPMorgan Chase & Co. now owns 1,027,797 shares of the technology company’s stock valued at $180,554,000 after acquiring an additional 294,817 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Tyler Technologies by 25.2% during the second quarter. Legal & General Group Plc now owns 26,654 shares of the technology company’s stock valued at $4,682,000 after purchasing an additional 5,361 shares during the period. Howard Hughes Medical Institute purchased a new stake in shares of Tyler Technologies during the second quarter valued at $1,048,000. State Board of Administration of Florida Retirement System boosted its stake in shares of Tyler Technologies by 1.6% during the second quarter. State Board of Administration of Florida Retirement System now owns 43,016 shares of the technology company’s stock valued at $7,557,000 after purchasing an additional 680 shares during the period. Finally, Shelton Capital Management purchased a new stake in shares of Tyler Technologies during the second quarter valued at $460,000. Institutional investors 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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