Ultime notizie per Tyler Technologies (NYSE:TYL) Azioni

Tyler Technologies

Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.

Tyler Technologies Inc

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Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) has outperformed the market over the past 20 years by 14.82% on an annualized basis producing an average annual return of 23.3%. Currently, Tyler Technologies has a market capitalization of $24.76 billion. 
Buying $100 In TYL: If an investor had bought $100 of TYL stock 20 years ago, it would be worth $6,726.97 today based on a price of $580.25 for TYL at the time of writing.
<h3>Tyler Technologies's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726849845_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

$100 Invested In Tyler Technologies 20 Years Ago Would Be Worth This Much Today

It was reported on September 16, that LYNN MOORE JR, President and CEO at Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) executed a significant insider sell, according to an SEC filing.
What Happened: JR's recent move involves selling 5,000 shares of Tyler Technologies. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000860731/000124008524000051//Archives/edgar/data/860731/000124008524000051/0001240085-24-000051-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total value is $2,883,088.
In the Tuesday's morning session, Tyler Technologies's shares are currently trading at $585.73, experiencing a down of 0.0%.
<h3>Unveiling the Story Behind Tyler Technologies</h3>
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
<h3>Tyler Technologies: Delving into Financials</h3>
Revenue Growth: Tyler Technologies's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 7.28%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: With a low gross margin of 43.96%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Tyler Technologies's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 1.59.
</li>
</ul>
Debt Management: Tyler Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.21.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 121.27 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 12.43 is above industry norms, reflecting an elevated valuation for Tyler Technologies's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 59.1, Tyler Technologies demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000860731">Check Out The Full List Of Tyler Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

LYNN MOORE JR Implements A Sell Strategy: Offloads $2.88M In Tyler Technologies Stock

Across the recent three months, 15 analysts have shared their insights on Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $592.73, a high estimate of $630.00, and a low estimate of $515.00. This current average has increased by 8.76% from the previous average price target of $545.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1726236058_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Tyler Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gabriela Borges</td>
<td>Goldman Sachs</td>
<td>Maintains</td>
<td>Buy</td>
<td>$627.00</td>
<td>$627.00</td>
</tr>
<tr>
<td>Matt VanVliet</td>
<td>BTIG</td>
<td>Raises</td>
<td>Buy</td>
<td>$630.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Trevor Walsh</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$580.00</td>
<td>$580.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$577.00</td>
<td>$515.00</td>
</tr>
<tr>
<td>Peter Heckmann</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$525.00</td>
<td>$456.00</td>
</tr>
<tr>
<td>Gabriela Borges</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$627.00</td>
<td>$515.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$600.00</td>
<td>$580.00</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$600.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Joshua Reilly</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$600.00</td>
<td>$600.00</td>
</tr>
<tr>
<td>Ken Wong</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$625.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$625.00</td>
<td>$529.00</td>
</tr>
<tr>
<td>Joshua Reilly</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$600.00</td>
<td>$600.00</td>
</tr>
<tr>
<td>Trevor Walsh</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$580.00</td>
<td>$490.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$580.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$515.00</td>
<td>$473.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Tyler Technologies. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tyler Technologies compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Tyler Technologies's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Tyler Technologies's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/TYL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tyler Technologies analyst ratings.</a>
<h2>Unveiling the Story Behind Tyler Technologies</h2>
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
<h3>Financial Insights: Tyler Technologies</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Tyler Technologies's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 7.28%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Tyler Technologies's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.52% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Tyler Technologies's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.2%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Tyler Technologies's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.44%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Tyler Technologies's debt-to-equity ratio is below the industry average at 0.21, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Analyst Verdict: Tyler Technologies In The Eyes Of 15 Experts

Goldman Sachs analyst Gabriela Borges maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Buy and maintains $627 price target.

Price Target

Goldman Sachs Maintains Buy on Tyler Technologies, Maintains $627 Price Target

Three-year contract builds on existing 15-year relationship with the state

Contracts

New Jersey Extends Agreement With Tyler Technologies For Digital Government Solutions; The Three-Year Contract May Be extended For Two Additional Years

Tyler Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) short percent of float has fallen 19.84% since its last report. The company recently reported that it has 772 thousand shares sold short, which is 2.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.44 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tyler Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726074921_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tyler Technologies has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Tyler Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tyler Technologies's peer group average for short interest as a percentage of float is 2.86%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(TYL) - Analyzing Tyler Technologies's Short Interest

A substantial insider sell was reported on September 9, by Glenn Carter, Director at Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>), based on the recent SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000860731/000124008524000048//Archives/edgar/data/860731/000124008524000048/0001240085-24-000048-index.htm">U.S. Securities and Exchange Commission</a> on Monday outlined that Carter executed a sale of 3,350 shares of Tyler Technologies with a total value of $1,951,617.
During Tuesday's morning session, Tyler Technologies shares up by 0.5%, currently priced at $591.91.
<h3>Unveiling the Story Behind Tyler Technologies</h3>
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
<h3>Key Indicators: Tyler Technologies's Financial Health</h3>
Revenue Growth: Tyler Technologies displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 7.28%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 43.96%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 1.59, Tyler Technologies showcases strong earnings per share.
</li>
</ul>
Debt Management: Tyler Technologies's debt-to-equity ratio is below the industry average. With a ratio of 0.21, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Tyler Technologies's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 121.94.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 12.5 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 59.43, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Why Pay Attention to Insider Transactions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000860731">Check Out The Full List Of Tyler Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Tyler Technologies Director Trades Company's Stock

Envisio And Tyler Technologies Announce Strategic Partnership To Enhance Local Government Budgeting By Integrating Strategic Priorities And Tracking Priority-Based Budgeting Results

Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) has outperformed the market over the past 20 years by 15.16% on an annualized basis producing an average annual return of 23.33%. Currently, Tyler Technologies has a market capitalization of $24.80 billion. 
Buying $100 In TYL: If an investor had bought $100 of TYL stock 20 years ago, it would be worth $6,737.03 today based on a price of $581.16 for TYL at the time of writing.
<h3>Tyler Technologies's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725890417_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 20 Years Ago Would Be Worth $6,700 Today

Tyler completes statewide SaaS flip in just four months
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tylertech.com%2F&amp;esheet=54114625&amp;newsitemid=20240829088356&amp;lan=en-US&amp;anchor=Tyler+Technologies%2C+Inc.&amp;index=1&amp;md5=c17844db7312a7a90dc9769f556114e0">Tyler Technologies, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) announced today that the Idaho Supreme Court (ISC) has successfully transitioned from an on-premises deployment to Tyler's cloud-based, SaaS offering of <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tylertech.com%2Fproducts%2Fenterprise-justice%2Fenterprise-case-manager&amp;esheet=54114625&amp;newsitemid=20240829088356&amp;lan=en-US&amp;anchor=Enterprise+Case+Manager&amp;index=2&amp;md5=11d479793afc61b026e8169e475979f0">Enterprise Case Manager</a>, hosted on GovCloud (US) from Amazon Web Services (AWS).
Tyler's Enterprise Case Manager facilitates many aspects of court administration for the ISC, encompassing all criminal and non-criminal case types. In just four months, Tyler successfully migrated the ISC's statewide court case management system to Tyler's SaaS offering across 44 counties and 200 courtrooms.

Tyler Technologies Announces The Idaho Supreme Court Has Transitioned From An On-Premises Deployment To Tyler's Cloud-Based, SaaS Offering Of Enterprise Case Manager, Hosted On GovCloud From Amazon Web Services

Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) has outperformed the market over the past 20 years by 14.73% on an annualized basis producing an average annual return of 23.12%. Currently, Tyler Technologies has a market capitalization of $24.73 billion. 
Buying $100 In TYL: If an investor had bought $100 of TYL stock 20 years ago, it would be worth $6,373.60 today based on a price of $579.58 for TYL at the time of writing.
<h3>Tyler Technologies's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724167817_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LYNN MOORE JR, President and CEO at Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>), executed a substantial insider sell on August 8, according to an SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000860731/000124008524000043//Archives/edgar/data/860731/000124008524000043/0001240085-24-000043-index.htm">U.S. Securities and Exchange Commission</a> on Thursday outlined that JR executed a sale of 6,250 shares of Tyler Technologies with a total value of $3,603,086.
The latest update on Friday morning shows Tyler Technologies shares down by 0.0%, trading at $579.52.
<h3>About Tyler Technologies</h3>
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
<h3>Financial Insights: Tyler Technologies</h3>
Positive Revenue Trend: Examining Tyler Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.28% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 43.96%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Tyler Technologies's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 1.59.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.21, Tyler Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 119.98 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
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Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 12.3 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
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EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Boasting an EV/EBITDA ratio of 58.49, Tyler Technologies demonstrates a robust market valuation, outperforming industry benchmarks.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Breaking Down the Significance of Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000860731">Check Out The Full List Of Tyler Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Tyler Technologies President and CEO Sold $3.60M In Company Stock

Tyler Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) short percent of float has fallen 3.38% since its last report. The company recently reported that it has 960 thousand shares sold short, which is 2.57% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.17 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tyler Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722972611_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tyler Technologies has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Tyler Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tyler Technologies's peer group average for short interest as a percentage of float is 3.37%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) has outperformed the market over the past 10 years by 9.87% on an annualized basis producing an average annual return of 20.27%. Currently, Tyler Technologies has a market capitalization of $23.48 billion. 
Buying $100 In TYL: If an investor had bought $100 of TYL stock 10 years ago, it would be worth $624.02 today based on a price of $550.12 for TYL at the time of writing.
<h3>Tyler Technologies's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722877211_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Tyler Technologies 10 Years Ago Would Be Worth Today

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) is a <a href="https://www.benzinga.com/news/24/07/39916642/whats-going-on-with-wells-fargo-shares-analyst-lowers-price-target">buy right here</a>.
On July 23, the San Francisco-based company announced a 14% increase in quarterly dividend to 40 cents from 35 cents per share.
Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) is a &#8220;really good company with a stellar reputation,&#8221; he said.
On July 24, Tyler Technologies reported better-than-expected second-quarter adjusted EPS and sales.
&#8220;When we see parabolic moves, we cut our position in half, we let the rest run,&#8221; Cramer said when asked about Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>).
Lumen is set to release 2024 fiscal year second quarter earnings on Aug. 6.
The &#8220;Mad Money&#8221; host said there is a political risk in Taiwan Semiconductor Manufacturing Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>). &#8220;I am not going to overlook the political risk, but I can tell you it's a great company,&#8221; he added.
On July 18, Taiwan Semiconductor Manufacturing reported better-than-expected second-quarter earnings.
&#8220;That's a dice roll,&#8221; Cramer said about CEMEX, S.A.B. de C.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CX#NYSE">CX</a>). &#8220;I have no conviction in that company whatsoever right now.&#8221;
On July 25, Cemex posted weaker-than-expected quarterly results.
Price Action:
<ul>
<li>Wells Fargo shares fell 4.2% to settle at $56.88 on Thursday.</li>
<li>Taiwan Semiconductor shares fell 4.6% to close at $158.18.</li>
<li>Tyler Technologies shares gained 0.3% to close at $569.71.</li>
<li>Cemex shares fell 2.7% to settle at $6.25 on Thursday.</li>
<li>Lumen Technologies shares rose 5.4% to close at $3.32 on Thursday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40102555/wall-streets-most-accurate-analysts-views-on-3-materials-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Materials Stocks Delivering High-Dividend Yields</a></li>
</ul>

Long Ideas

Markets

Media

LUMN

Jim Cramer Says Tyler Has 'A Stellar Reputation,' Won't Overlook Taiwan Semiconductor 'Political Risk'

U.S. stocks closed higher on Friday, with the Dow Jones index jumping around 650 points during the session following the release of recent inflation data.
The S&amp;P 500 fell 0.8% last week, while the Nasdaq dipped 2.1%, with both indices recording posted back-to-back weekly losses. However, the Dow outperformed, with the index gaining 0.8% to record its fourth straight positive week.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Zachary Fadem
<ul>
<li>Analyst Firm: Wells Fargo</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained an Equal-Weight rating on Floor &amp; Decor Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) and cut the price target from $125 to $95 on July 26. This analyst sees around 1% decline in the stock.</li>
<li>Recent News: Floor &amp; Decor will release its financial results for the second quarter of fiscal 2024 after the closing bell on Thursday, Aug. 1.</li>
</ul>
Analyst: David Manthey
<ul>
<li>Analyst Firm: Baird</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained a Neutral rating on Republic Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>) and increased the price target from $208 to $210 on July 25. This analyst sees around 10% upside in the stock.</li>
<li>Recent News: On July 24, the company reported better-than-expected quarterly results and increased its quarterly dividend to 58 cents per share.</li>
</ul>
Analyst: Trevor Walsh
<ul>
<li>Analyst Firm: JMP Securities</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Reiterated a Market Outperform rating on Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a price target of $580 on July 26. This analyst sees around 2% downside in the stock.</li>
<li>Recent News: On July 24, Tyler Technologies reported better-than-expected second-quarter adjusted EPS and sales.</li>
</ul>
Analyst: William Power
<ul>
<li>Analyst Firm: Baird</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Maintained an Outperform rating on Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and boosted the price target from $200 to $240 on July 25. This analyst sees over 10% gain in the stock.</li>
<li>Recent News: Apple is reportedly planning to discontinue the iPhone 17 Plus model and introduce an ultra-slim variant in the second half of 2025.</li>
</ul>
Analyst: Seth Seifman
<ul>
<li>Analyst Firm: JP Morgan</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Maintained an Overweight rating on Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and boosted the  price target from $518 to $560 on July 25. This analyst sees around 7% upside in the stock.</li>
<li>Recent News: On July 23, Lockheed Martin reported better-than-expected second-quarter financial results.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39984459/top-3-risk-off-stocks-that-are-set-to-fly-in-july">Top 3 Risk Off Stocks That Are Set To Fly In July</a></li>
</ul>

Pre-Market Outlook

AAPL

This Analyst With 84% Accuracy Rate Sees More Than 10% Upside In Apple - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

BTIG analyst Matt VanVliet maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Buy and raises the price target from $550 to $630.

BTIG Maintains Buy on Tyler Technologies, Raises Price Target to $630

JMP Securities analyst Trevor Walsh reiterates Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Market Outperform and maintains $580 price target.

Reiteration

JMP Securities Reiterates Market Outperform on Tyler Technologies, Maintains $580 Price Target

Barclays analyst Saket Kalia maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Equal-Weight and raises the price target from $515 to $577.

Barclays Maintains Equal-Weight on Tyler Technologies, Raises Price Target to $577

DA Davidson analyst Peter Heckmann maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Neutral and raises the price target from $456 to $525.

DA Davidson Maintains Neutral on Tyler Technologies, Raises Price Target to $525

Polen U.S. SMID Company Growth Portfolio Q2 2024 Commentary

Invesco Main Street Mid Cap Fund Q2 2024 Review

RSPT: Technology Dashboard For August

Oppenheimer analyst Kenneth Wong maintained a Buy rating on Tyler Technologies (TYL – Research Report) today and set a price target of $625.00. The...

Tyler Technologies (TYL): New Buy Recommendation for This Technology Giant

Analysts have been eager to weigh in on the Technology sector with new ratings on Coherent Corp (COHR – Research Report), Tyler Technologies (TYL –...

Analysts Offer Insights on Technology Companies: Coherent Corp (COHR), Tyler Technologies (TYL) and Palo Alto Networks (PANW)

Conestoga Capital Advisors Q2 2024 Commentary

Tyler Technologies: Strong SaaS Growth Cannot Justify Over 60x FCF; Rating Downgrade

Janus Henderson Research Fund Q2 2024 Commentary

Stocks with the highest consensus of expected ROE growth, Goldman Sachs says

Tyler Technologies ( ($TYL) ) has issued an announcement. Tyler Technologies has secured a new $700 million unsecured revolving credit agreement wi...

Tyler Technologies Enhances Financial Flexibility with New $700M Credit Facility

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Press Releases

North Dakota Parks and Recreation Partners with Tyler Technologies to Enhance Visitor Experience with Cutting-Edge Technology

Tyler Technologies to Participate in August and September Investor Conferences

Tyler Technologies Named to Forbes' America's Best Employers for Women List

Tyler Technologies Named to Newsweek's America's Greatest Workplaces for Parents & Families 2024 List

Idaho Supreme Court Transitions Tyler Technologies' Court Case Management Solution from On-Premises to Cloud Deployment

Envisio and Tyler Technologies Announce Strategic Partnership to Transform Local Government Budgeting and Drive Community Outcomes

State of New Jersey Extends Agreement with Tyler Technologies for Digital Government Solutions

Kaskela Law LLC Announces Shareholder Investigation of Tyler Technologies, Inc. (NYSE: TYL) and Encourages Investors to Contact the Firm

Lewis County, Washington, Selects Tyler Technologies' Enterprise Assessment & Tax Suite

Tyler Technologies Announces Significant Migrations to Its Equal Employment Opportunity Case Management Software

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