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Brenda A. Cline, a director at Tyler Technologies Inc . (NYSE:TYL), recently sold shares valued at approximately $1.44 million. This transaction involved the sale of 2,500 shares of common stock at an average price of $577.415 per share on May 16, 2025. The sale comes as Tyler Technologies, with a market capitalization of $24.74 billion, maintains a strong financial health score according to InvestingPro analysis.
On the same day, Cline also exercised options to acquire 2,500 shares at a price of $167.14 per share, which were acquired through the exercise of stock options. Following these transactions, Cline holds 2,519 shares directly and 4,002 shares indirectly through a family limited partnership. The company has shown solid performance with a 9.96% revenue growth in the last twelve months, while 13 analysts have revised their earnings expectations upward for the upcoming period.
The indirect shares are part of a family limited partnership in which Cline and her husband each own a 44% limited partner interest and have equal control over the sole general partner. Cline disclaims beneficial ownership of these indirectly held shares except to the extent of her pecuniary interest. With analyst targets ranging from $570 to $775, investors can access comprehensive valuation metrics and 12 additional ProTips through InvestingPro’s detailed research reports.
In other recent news, Tyler Technologies reported better-than-expected earnings for the first quarter of 2025, with an earnings per share (EPS) of $2.78, surpassing the forecast of $2.55. Revenue also exceeded expectations, reaching $565.2 million compared to the projected $556.82 million. The company revised its annual guidance for 2025, projecting total revenue between $2.31 billion and $2.35 billion, reflecting a year-over-year growth of 8%-10%. Non-GAAP EPS is expected to increase by 16%-19%, with expectations set between $11.05 and $11.35. DA Davidson maintained a Neutral rating on Tyler Technologies, highlighting the company’s first-quarter results, which showed revenues slightly surpassing projections and earnings significantly above expectations. Needham upheld its Buy rating for Tyler Technologies with a price target of $750, expressing confidence in the company’s prospects following an investor session. Recent developments also include strategic organizational changes, such as the appointment of Andrew Kahl as Chief Client Officer, and an emphasis on expanding cloud and AI initiatives.
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