Tyler Technologies (TYL) director Carter sells $403,724 in stock

Published 17/09/2025, 23:10
Tyler Technologies (TYL) director Carter sells $403,724 in stock

Director Glenn A. Carter of Tyler Technologies Inc (NYSE:TYL), a $23.18 billion market cap technology company, sold 750 shares of common stock on September 15, 2025, at a price of $538.3, for a total transaction value of $403,724. The transaction comes as the stock trades near its 52-week low, according to InvestingPro data.

On the same day, Carter also acquired 750 shares of Tyler Technologies common stock through option exercise at a price of $146.92, for a total value of $110,189. With analyst targets ranging from $585 to $800 and the company maintaining a GOOD financial health score, investors can access deeper insights through InvestingPro’s comprehensive research report, which is available for over 1,400 US stocks.

In other recent news, Tyler Technologies reported strong financial results for the second quarter of 2025. The company achieved a revenue of $596.1 million, marking a 10% increase year-over-year and surpassing the consensus estimate of $589.4 million. Non-GAAP earnings per share were reported at $2.91, exceeding analyst expectations of $2.77. Following these results, DA Davidson raised its price target for Tyler Technologies to $585, maintaining a Neutral rating. JMP Securities reiterated its Market Outperform rating with a $700 price target, while Barclays increased its price target to $715, citing growth in Software as a Service (SaaS) bookings. Additionally, the Oklahoma Department of Labor selected Tyler Technologies to modernize its regulatory system with a cloud-based solution. This decision involves implementing Tyler’s State Regulatory Platform Suite, powered by Amazon Web Services, to replace the existing legacy systems. These recent developments highlight Tyler Technologies’ strong performance and strategic advancements.

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