What’s Tyler Technologies, Inc. (TYL) Upside After Touching All-Time High?

February 17, 2018 - By Hazel Jackson

Investors sentiment decreased to 1.41 in 2017 Q3. Its down 0.22, from 1.63 in 2017Q2. It fall, as 26 investors sold Tyler Technologies, Inc. shares while 66 reduced holdings. 37 funds opened positions while 93 raised stakes. 33.89 million shares or 0.87% more from 33.60 million shares in 2017Q2 were reported.
Us Fincl Bank De stated it has 0.02% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL). Tompkins Financial stated it has 165 shares. Da Davidson, Montana-based fund reported 1,756 shares. Jane Street Ltd Liability Company accumulated 2,861 shares. Bbva Compass National Bank owns 4,211 shares. Voya Investment Mngmt Limited Liability Co stated it has 13,142 shares or 0% of all its holdings. Ameritas Investment Partners invested in 10,098 shares. Prudential invested 0.01% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL). Teachers Retirement Of The State Of Kentucky invested in 0.01% or 6,450 shares. Gemmer Asset Lc owns 23 shares or 0% of their US portfolio. 158 are owned by Huntington Bancorporation. Deutsche Financial Bank Ag accumulated 133,550 shares. Mutual Of America Cap Mgmt Llc stated it has 28,257 shares. Garrison Bradford invested 0.73% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL). Mackenzie owns 0.25% invested in Tyler Technologies, Inc. (NYSE:TYL) for 270,858 shares.

Since August 14, 2017, it had 0 insider purchases, and 20 selling transactions for $60.35 million activity. The insider BRATTAIN DONALD R sold 4,100 shares worth $705,200. King Luther Jr also sold $265,425 worth of Tyler Technologies, Inc. (NYSE:TYL) shares. 50,000 Tyler Technologies, Inc. (NYSE:TYL) shares with value of $8.87 million were sold by LEINWEBER LARRY D. $1.65 million worth of Tyler Technologies, Inc. (NYSE:TYL) shares were sold by MILLER BRIAN K. MOORE H LYNN JR had sold 6,000 shares worth $1.08 million on Friday, December 15. 24,627 shares valued at $4.19M were sold by MARR JOHN S JR on Wednesday, August 23.

The stock of Tyler Technologies, Inc. (NYSE:TYL) reached all time high today, Feb, 17 and still has $220.22 target or 7.00 % above today’s $205.81 share price. This indicates more upside for the $7.73B company. This technical setup was reported by Barchart.com. If the $220.22 PT is reached, the company will be worth $541.24 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock decreased 0.03% or $0.06 during the last trading session, reaching $205.81. About 177,814 shares traded. Tyler Technologies, Inc. (NYSE:TYL) has risen 17.20% since February 17, 2017 and is uptrending. It has outperformed by 0.50% the S&P500.

Tyler Technologies, Inc. (NYSE:TYL) Ratings Coverage

Among 12 analysts covering Tyler Technologies (NYSE:TYL), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Tyler Technologies had 42 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, September 22, the company rating was initiated by Citigroup. The firm has “Buy” rating by Needham given on Friday, October 2. The company was upgraded on Monday, June 27 by Evercore. The stock of Tyler Technologies, Inc. (NYSE:TYL) has “Buy” rating given on Thursday, October 5 by KeyBanc Capital Markets. The stock of Tyler Technologies, Inc. (NYSE:TYL) earned “Buy” rating by Northland Capital on Monday, July 3. The rating was maintained by Northland Capital with “Buy” on Wednesday, September 20. The firm has “Buy” rating given on Thursday, April 28 by Maxim Group. Pacific Crest initiated it with “Overweight” rating and $176 target in Monday, June 20 report. The firm earned “Buy” rating on Thursday, October 26 by Piper Jaffray. On Thursday, February 11 the stock rating was maintained by Maxim Group with “Buy”.

More notable recent Tyler Technologies, Inc. (NYSE:TYL) news were published by: Businesswire.com which released: “Tyler Technologies Schedules Fourth Quarter 2017 Earnings Conference Call and …” on January 25, 2018, also Gurufocus.com with their article: “Norris Perne & French Llp Buys Tyler Technologies Inc, Knight-Swift …” published on January 23, 2018, Businesswire.com published: “State of Kansas Selects Odyssey Solution from Tyler Technologies” on February 08, 2018. More interesting news about Tyler Technologies, Inc. (NYSE:TYL) were released by: Businesswire.com and their article: “Tyler Technologies to Conduct Property Reassessment for Delaware County …” published on February 13, 2018 as well as Businesswire.com‘s news article titled: “Tyler Technologies to Provide Public Safety Solution to the City of Orlando …” with publication date: January 23, 2018.

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. The company has market cap of $7.73 billion. It operates through two divisions, Enterprise Software, and Appraisal and Tax. It has a 60.51 P/E ratio. The company's financial management solutions include modular fund accounting systems for government agencies or not-for-profit entities; and utility billing systems for the billing and collection of metered and non-metered services.

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