Tyler Technologies (TYL) has had a significant amount of recent activity. In June, they announced participation in several investor conferences, indicating the company’s drive for further investment and growth. Private Advisor Group LLC and Vanguard Personalized Indexing Management LLC have shown confidence in TYL by increasing their stakes, while Beacon Pointe Advisors LLC and Truist Financial Corp have reduced theirs. The company has received favourable ratings from multiple brokerage firms, including Truist Financial and Goldman Sachs, with frequent increase in price target up to $600. Previous five years have rendered shareholders a substantial Compound Annual Growth Rate (CAGR) of 18%. TYL has continually displayed strong SaaS growth and met quarterly earnings estimates. Regular insider selling could be a cause for investor concern; CEO and other senior executives have sold substantial amounts of stock. In terms of partnerships, TYL will deploy Enterprise Resource Planning (ERP) for JPS and provide complete public safety suite to Evanston, Illinois Police Department. TYL has been dubbed both ‘a top growth stock for the long-term’ and 'a strategic SWOT insight', indicating the company’s robust position in the market.
Tyler Technologies TYL News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 20:15:40 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
