Tyler Technologies Inc. (TYL): Investor showing Interest in it


Tyler Technologies Inc. (NYSE:TYL) changes shares on Wednesday trading session, with a change of 1.20% or $4.0 shares. The trading starts at $333.66 and closed at $334.47 throughout the day. The trading session low price was $328.02 and day high was $340.38 on Wednesday, June 24. After the session, the Technology sector daily volume shifted to 0.51 million while its average volume is 486.71K. In other hand, the TYL market cap reached to $13.84B. While, its current target price is $338.47 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.17% and down -4.06% for month. Its quarterly performance was 29.12% above, while its half year performance is up 13.81%. TYL yearly performance stood at positive 58.72% and rise 12.82% for year-to-date. Current recommendation for Tyler Technologies Inc. is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. TYL EPS (TTM) for 12-month is 4.12. EPS for this year is 0.60%, while for the next year its value is 5.73. Sales growth for the current quarter is 8.21 while its EPS Q/Q reached 67.30%. It has an EPS of 17.00% up for past five years and for the next five years will be up 10.00%.

Let’s take a look on the analyst recommendations on TYL for the current month and previous month. For the current month, 7 of 14 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 7 as Hold. As compared with the previous month ratings, 13 analysts participate in stock recommendation. Out of 13, 0 rated it sell, 6 rated it as Buy and 6 as Hold Ratings. On the other hand, target price ranges from $275.00-$380.00. Average target price for TYL was reached at $333.00.

The insider ownership moved to 1.30% and institutional holding shifted to 91.70%.

The company posted an EPS (TTM) of 4.12. According to the most recent quarter report on (Jun 2020), 13 analysts estimated an average EPS of 1.2, while 1.3 EPS posted a year ago period. Analyst Estimated EPS for TYL published in the report was 1.01-1.37 during the same period. Comparing with last year, the average estimated EPS was 1.3 which is higher than 1.25 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for TYL rise 11.71% for period of 200 days. SMA for 50 days was -0.78% which is showing red signal, while SMA-20 was -4.94%. The moving average value for Tyler Technologies Inc. (TYL) is 318.57 and 350.13 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in TYL stock. On Jun 12, King Luther Jr, Director, sold 2,000 trading shares at the cost of $342.05, which valued at 0.68 million. On Jun 11, King Luther Jr, Director, sold 1,033 shares at the cost of $357.00, with total shares of 82,014. On Jun 04, King Luther Jr, Director, sold 1,099 shares at the cost of 372.30. After this transaction, King Luther Jr total shares reached to 83,047 which valued at 0.41 million.