Eagle Asset Management Inc Decreased Tyler Technologies Inc (NYSE:TYL) Stake By $34.80 Million

August 12, 2018 - By Theresa Judd

Tyler Technologies, Inc. (NYSE:TYL) LogoInvestors sentiment increased to 1.21 in 2018 Q1. Its up 0.18, from 1.03 in 2017Q4. It increased, as 18 investors sold TYL shares while 95 reduced holdings. 51 funds opened positions while 86 raised stakes. 33.94 million shares or 1.21% less from 34.35 million shares in 2017Q4 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Tyler Technologies, Inc. (NYSE:TYL). Granahan Invest Mgmt Ma reported 6,532 shares. 43,598 are held by State Board Of Administration Of Florida Retirement Sys. Summit Creek Lc holds 2.21% or 57,544 shares. Jefferies Limited Company holds 6,575 shares. Fmr holds 249,409 shares or 0.01% of its portfolio. New Mexico Educational Retirement Board reported 9,600 shares or 0.08% of all its holdings. Oregon Pub Employees Retirement Fund reported 13,168 shares stake. 789,703 were reported by Timessquare Mngmt Ltd Liability Corporation. Comerica Financial Bank has invested 0.05% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL). Stifel Fincl has 12,303 shares. Victory Cap reported 279,547 shares stake. Loomis Sayles And Lp stated it has 179,161 shares or 0.08% of all its holdings. Segall Bryant & Hamill Limited Com stated it has 6,021 shares or 0.03% of all its holdings. Blair William & Il accumulated 204,773 shares.

Since February 26, 2018, it had 0 insider purchases, and 29 insider sales for $80.76 million activity. On Friday, May 18 the insider MOORE H LYNN JR sold $1.82 million. WOMBLE DUSTIN R sold 7,500 shares worth $1.53M. Another trade for 41,000 shares valued at $8.57 million was sold by MARR JOHN S JR. Shares for $4.73M were sold by King Luther Jr. Carter Glenn A sold 1,000 shares worth $210,990. BRATTAIN DONALD R sold $1.36 million worth of stock.

Eagle Asset Management Inc decreased its stake in Tyler Technologies Inc (NYSE:TYL) by 37.25% based on its latest 2018Q2 regulatory filing with the SEC. Eagle Asset Management Inc sold 156,751 shares as the company’s stock rose 10.86% while stock markets declined. The institutional investor held 264,080 shares of the technology company at the end of 2018Q2, valued at $58.65M, down from 420,831 at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Tyler Technologies Inc for a number of months, seems to be less bullish one the $9.02B market cap company. The stock decreased 0.08% or $0.19 during the last trading session, reaching $233.3. About 83,435 shares traded. Tyler Technologies, Inc. (NYSE:TYL) has risen 33.03% since August 13, 2017 and is uptrending. It has outperformed by 20.46% the S&P500.

Eagle Asset Management Inc, which manages about $25.60B and $18.55B US Long portfolio, upped its stake in Silicon Laboratories Inc (NASDAQ:SLAB) by 179,120 shares to 511,076 shares, valued at $50.90 million in 2018Q2, according to the filing. It also increased its holding in Edwards Lifesciences Corp (NYSE:EW) by 71,152 shares in the quarter, for a total of 608,873 shares, and has risen its stake in First Industrial Realty Tr (NYSE:FR).

Eagle Asset Management Inc is a Florida-based institutional investor with more than $25.60 billion AUM in December, 2014. Taken from Eagle Asset Management latest Adv, the fund reported to have 195 full and part-time employees. Among which 65 performing investment advisory and research functions. The institutional investor had more than 24500 clients.

Tyler Technologies, Inc. (NYSE:TYL) Ratings Coverage

Among 8 analysts covering Tyler Technologies (NYSE:TYL), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Tyler Technologies had 14 analyst reports since February 22, 2018 according to SRatingsIntel. The stock of Tyler Technologies, Inc. (NYSE:TYL) earned “In-Line” rating by Evercore on Monday, March 12. The rating was maintained by FBR Capital with “Neutral” on Monday, July 30. Needham maintained Tyler Technologies, Inc. (NYSE:TYL) on Tuesday, April 24 with “Buy” rating. Piper Jaffray maintained the stock with “Buy” rating in Monday, June 25 report. The firm has “Buy” rating given on Tuesday, April 24 by Northland Capital. The firm earned “Buy” rating on Thursday, February 22 by Needham. The firm earned “Buy” rating on Thursday, April 19 by Benchmark. Robert W. Baird initiated Tyler Technologies, Inc. (NYSE:TYL) on Tuesday, March 13 with “Buy” rating. DA Davidson maintained the shares of TYL in report on Monday, April 23 with “Neutral” rating. As per Monday, July 30, the company rating was maintained by Robert W. Baird.

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. The company has market cap of $9.02 billion. It operates through two divisions, Enterprise Software, and Appraisal and Tax. It has a 52.64 P/E ratio. The companyÂ’s financial management solutions include modular fund accounting systems for government agencies or not-for-profit entities; and utility billing systems for the billing and collection of metered and non-metered services.

More notable recent Tyler Technologies, Inc. (NYSE:TYL) news were published by: Businesswire.com which released: “Tyler Technologies to Provide Enterprise Records Solution to the Maine Judicial Branch” on July 31, 2018, also Seekingalpha.com with their article: “Tyler Technologies, Inc. (TYL) CEO Lynn Moore On Q2 2018 Results – Earnings Call Transcript” published on July 27, 2018, Nasdaq.com published: “Detailed Research: Economic Perspectives on Alleghany, Enable Midstream Partners, LP, XOMA, MCBC, Unifi, and …” on August 07, 2018. More interesting news about Tyler Technologies, Inc. (NYSE:TYL) were released by: Businesswire.com and their article: “Tyler Technologies and Both Ends Believing Sign MOU with Honduras to Expand Children First Software” published on July 17, 2018 as well as Businesswire.com‘s news article titled: “Tyler Technologies Partners with US Imaging to Offer Historical Scanning for County Recorders” with publication date: August 07, 2018.

Tyler Technologies, Inc. (NYSE:TYL) Institutional Positions Chart

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