Today, the COB of Tyler Technologies (TYL), John Marr, bought shares of TYL for $751.5K.
Following John Marr’s last TYL Buy transaction on March 14, 2019, the stock climbed by 17.6%. In addition to John Marr, 9 other TYL executives reported Buy trades in the last month.
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Based on Tyler Technologies’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $247 million and quarterly net profit of $27.35 million. In comparison, last year the company earned revenue of $221 million and had a net profit of $37.83 million. TYL’s market cap is $8.41B and the company has a P/E ratio of 64.17. Currently, Tyler Technologies has an average volume of 100.9K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $240.00, reflecting a 9.5% upside. Three different firms, including Northland Securities and Northcoast Research, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $11.9M worth of TYL shares and purchased $1.14M worth of TYL shares. The insider sentiment on Tyler Technologies has been negative according to 50 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Tyler Technologies, Inc. engages in the provision of integrated technology and management solutions and services for public sector with a focus on local governments. It operates through the Enterprise Software, and Appraisal and Tax segments.
