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In a recent transaction, Lynn Moore Jr., President and CEO of Tyler Technologies Inc . (NYSE:TYL), sold a substantial portion of his holdings in the company. On February 26, 2025, Moore executed sales of common stock totaling approximately $4,023,011. The sales involved multiple transactions at prices ranging from $613.895 to $620.1 per share, near the stock’s 52-week high of $661.31. The company, currently valued at $26 billion, has seen its shares surge 38% over the past year.
This activity comes alongside Moore’s acquisition of shares through the exercise of options. He acquired 7,248 shares at prices between $205.66 and $402.0, totaling $1,539,316. Following these transactions, Moore holds 75,734 shares of Tyler Technologies. According to InvestingPro, the company maintains a GOOD financial health score, with 11 analysts recently revising their earnings expectations upward.
These transactions reflect Moore’s ongoing engagement with the company’s stock, balancing option exercises with sales. Investors will be watching closely to see how these moves impact the company’s stock performance. InvestingPro analysis reveals 13 additional key insights about Tyler Technologies, including detailed valuation metrics and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, Tyler Technologies reported its fourth-quarter earnings, which showed solid performance with revenue aligning with expectations and a notable beat on free cash flow, exceeding $100 million. The company’s fiscal 2025 guidance indicates a revenue midpoint that is 2% lower than some analysts’ earlier projections, primarily due to the termination of a Texas contract. However, the Non-GAAP EPS guidance for fiscal 2025 is slightly more optimistic, reflecting a 1% increase over previous forecasts. Analysts from Needham raised Tyler’s price target to $750, citing strong Subscription revenue and a favorable margin trajectory. Similarly, Oppenheimer increased the price target to $725, maintaining an Outperform rating due to Tyler’s strong demand outlook and execution on financial goals. DA Davidson also adjusted its price target to $595, acknowledging the company’s slight revenue dip but recognizing a more favorable earnings forecast. Truist Securities maintained a Buy rating with a $775 price target, highlighting the company’s successful deals and strategic acquisitions. Additionally, Tyler Technologies announced changes in its executive team, with Rusty Smith expanding his responsibilities following Bret Dixon’s retirement announcement.
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