Williamson Legacy Group LLC Has $799,000 Stock Position in Tyler Technologies, Inc. (NYSE:TYL)

Williamson Legacy Group LLC grew its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 6.4% in the fourth quarter, HoldingsChannel reports. The fund owned 1,385 shares of the technology company’s stock after acquiring an additional 83 shares during the period. Williamson Legacy Group LLC’s holdings in Tyler Technologies were worth $799,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Tyler Technologies in the 3rd quarter valued at approximately $27,000. Sierra Ocean LLC acquired a new stake in shares of Tyler Technologies in the 4th quarter valued at approximately $32,000. Private Trust Co. NA boosted its holdings in shares of Tyler Technologies by 51.8% in the 4th quarter. Private Trust Co. NA now owns 85 shares of the technology company’s stock valued at $49,000 after buying an additional 29 shares during the last quarter. Quarry LP acquired a new stake in shares of Tyler Technologies in the 3rd quarter valued at approximately $78,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Tyler Technologies by 18.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 135 shares of the technology company’s stock valued at $78,000 after buying an additional 21 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Stock Up 0.4 %

TYL stock opened at $607.66 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.35 and a quick ratio of 1.21. The stock has a market capitalization of $26.14 billion, a price-to-earnings ratio of 100.27, a PEG ratio of 4.93 and a beta of 0.78. The business’s fifty day moving average price is $598.40 and its two-hundred day moving average price is $597.41. Tyler Technologies, Inc. has a fifty-two week low of $397.80 and a fifty-two week high of $661.31.

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

Insiders Place Their Bets

In other Tyler Technologies news, CEO H Lynn Moore, Jr. sold 6,514 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $617.59, for a total transaction of $4,022,981.26. Following the transaction, the chief executive officer now owns 75,734 shares in the company, valued at $46,772,561.06. This trade represents a 7.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John S. Marr, Jr. sold 6,000 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $633.55, for a total value of $3,801,300.00. Following the completion of the transaction, the insider now owns 6,983 shares in the company, valued at $4,424,079.65. The trade was a 46.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,766 shares of company stock worth $13,548,346 in the last 90 days. Company insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on TYL shares. Piper Sandler increased their price objective on Tyler Technologies from $701.00 to $747.00 and gave the company an “overweight” rating in a report on Friday, February 14th. The Goldman Sachs Group increased their price objective on Tyler Technologies from $660.00 to $728.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Wells Fargo & Company reissued an “equal weight” rating and issued a $615.00 price objective (down previously from $670.00) on shares of Tyler Technologies in a report on Tuesday, January 7th. Needham & Company LLC restated a “buy” rating and issued a $700.00 price target on shares of Tyler Technologies in a research note on Tuesday, January 21st. Finally, Barclays increased their price target on Tyler Technologies from $705.00 to $715.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $676.25.

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.