Today, the EVP & CFO of Tyler Technologies (NYSE: TYL), Brian K. Miller, bought shares of TYL for $217.8K.
This is Miller’s first Buy trade following 12 Sell transactions. In addition to Brian K. Miller, 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 $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 $8.63B and the company has a P/E ratio of 52.24. Currently, Tyler Technologies has an average volume of 121K.
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 -2.5% downside.
In the last 30 days, insiders have sold $19.23M worth of TYL shares and purchased $1.85M worth of TYL shares. The insider sentiment on Tyler Technologies has been negative according to 92 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Brian K. Miller’s trades have generated a -8.1% 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.
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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.
