Tyler Technologies (TYL) continues to demonstrate strong performance in the market, with
shares hitting a 12-month high point of $486.43. Notable developments include the company's Q2 earnings and revenue beating estimates, the CEO's sale of $5.39 million in stock, and the provision of a comprehensive public safety suite for Evanston Police Department.
High-profile investments are being seen, for example, Victory Capital Management and the National Bank of Canada's multi-million dollar holdings in the company. The firm has also attracted new clients such as NC-based WSFCS deploying Tyler's K-12 solution.
Analysts predict its growth potential as a long-term investment option. Despite some concerns over the company's valuation, financials show high SaaS growth in Q4 2023, beating the Q1 2024 earnings. Tyler Technologies has also reached top spots in lists of best employers and has expanded its strategic collaboration with AWS for faster public sector innovation. However, there have also been significant sales of stocks by insiders, including the CFO and director.
Tyler Technologies TYL News Analytics from Thu, 10 Aug 2023 07:00:00 GMT to Sun, 12 May 2024 10:42:16 GMT -
Rating 9
- Innovation 7
- Rumor 3
