S&P 500 may face selling pressure as systematic funds reach full exposure
John S. Marr Jr., the Executive Chair of the Board at Tyler Technologies Inc . (NYSE:TYL), a $24.85 billion market cap company, recently sold a significant portion of his holdings in the company. According to a Form 4 filing with the SEC, Marr executed multiple transactions on May 22, 2025, selling a total of 4,000 shares of common stock. The shares were sold at prices ranging from $563.81 to $570.58 per share, amounting to approximately $2.27 million in total. According to InvestingPro analysis, the stock is currently trading above its Fair Value.
Additionally, Marr acquired 4,000 shares through the exercise of options at a price of $231.35 per share, which is valued at $925,400. Following these transactions, Marr’s direct ownership stands at 6,983 shares, while he also holds additional shares indirectly through trusts and partnerships. The company maintains a GOOD financial health score, with 13 analysts recently revising their earnings estimates upward.
These transactions are part of Marr’s ongoing management of his portfolio and reflect his strategic approach to balancing his investments in the company. Tyler Technologies, known for its software solutions for the public sector, continues to be a focal point of interest for investors tracking insider activities. For deeper insights into TYL’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Tyler Technologies has reported first-quarter earnings for 2025 that surpassed expectations, with an earnings per share (EPS) of $2.78, exceeding the forecast of $2.55. The company also reported revenue of $565.2 million, which was higher than the projected $556.82 million. Analysts at DA Davidson noted that Tyler Technologies’ revenue slightly surpassed their projections, and earnings were significantly above expectations, leading to an upward revision of the company’s revenue guidance. The updated guidance includes a year-over-year revenue growth of 8%-10%, reaching between $2.31 billion to $2.35 billion, and a 16%-19% increase in Non-GAAP EPS, with expectations set between $11.05 and $11.35.
Additionally, Piper Sandler maintained an Overweight rating on Tyler Technologies with a price target of $708, highlighting the company’s transition to cloud-based operations and potential for mergers and acquisitions. Needham also upheld its Buy rating with a price target of $750, expressing confidence in Tyler Technologies’ market position and potential for securing substantial contracts in the second half of 2025. Meanwhile, DA Davidson maintained a Neutral rating with a price target of $595, noting the company’s stable stock performance following the first-quarter results.
Tyler Technologies’ strategic focus on cloud and AI initiatives continues to contribute to its financial performance, with SaaS revenues growing by 21% and subscription revenues increasing by 19.7%. The company’s management has expressed optimism about its growth trajectory, supported by a robust public sector market and strong SaaS and subscription growth. These recent developments indicate Tyler Technologies’ ongoing efforts to enhance its market position and financial health.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.