Today, a Director at Tyler Technologies (NYSE: TYL), John Marr, bought shares of TYL for $816.8K.
Following John Marr’s last TYL Buy transaction on March 07, 2018, the stock climbed by 15.3%. Following this transaction John Marr’s holding in the company was increased by 5.05% to a total of $274 million.
See today’s analyst top recommended stocks >>
Based on Tyler Technologies’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $221 million and quarterly net profit of $37.83 million. In comparison, last year the company earned revenue of $200 million and had a net profit of $32.31 million. TYL’s market cap is $8.67B and the company has a P/E ratio of 52.83. Currently, Tyler Technologies has an average volume of 117.3K.
13 different firms, including B.Riley FBR and Citigroup, currently also have a Buy rating on the stock. Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $229.86, reflecting a -1.5% downside.
In the last 30 days, insiders have sold $10.59M worth of TYL shares and purchased $816.8K worth of TYL shares. The insider sentiment on Tyler Technologies has been negative according to 86 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
John Marr’s trades have generated a -13.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Tyler Technologies, Inc. provides integrated technology and management solutions and services for public sector with a focus on local governments. It develops and markets a broad line of software products and.
