Tyler Technologies, Inc. (NYSE:TYL) Director Larry D. Leinweber sold 21,249 shares of Tyler Technologies stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $181.95, for a total transaction of $3,866,255.55. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Tyler Technologies, Inc. (NYSE TYL) opened at $181.96 on Thursday. Tyler Technologies, Inc. has a one year low of $139.61 and a one year high of $188.21. The firm has a market cap of $6,901.64, a P/E ratio of 56.35 and a beta of 0.97.
Tyler Technologies (NYSE:TYL) last released its quarterly earnings data 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 business had revenue of $214.15 million for the quarter, compared to analyst estimates of $216.80 million. During the same quarter last year, the firm earned $0.94 EPS. Tyler Technologies’s quarterly revenue was up 10.1% compared to the same quarter last year. equities analysts anticipate that Tyler Technologies, Inc. will post 3.28 earnings per share for the current year.
Several equities research analysts have recently commented on TYL shares. Zacks Investment Research upgraded shares of Tyler Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. BidaskClub upgraded shares of Tyler Technologies from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 23rd. Piper Jaffray Companies reiterated a “buy” rating and set a $200.00 price target on shares of Tyler Technologies in a research report on Sunday, August 27th. Northland Securities reiterated a “buy” rating and set a $200.00 price target on shares of Tyler Technologies in a research report on Thursday, September 21st. Finally, Citigroup started coverage on shares of Tyler Technologies in a research report on Friday, September 22nd. They set a “buy” rating and a $200.00 price target for the company. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $193.00.
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About Tyler Technologies
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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