Tyler Technologies Inc. (TYL) recently had its stock position increased by
Franklin Resources Inc. It's been included in
Forbes' America's Dream Employers 2025 List and experienced a 114% return in the last five years, pleasing investors. Their transition to cloud-based operations has boosted their stock outlook and brought them recognition as the
AWS State or Local Government Partner of the Year.
Barclays PLC and
Virtu Financial LLC have acquired shares while others such as
HighTower Advisors LLC and
Stifel Financial Corp reduced their stakes. Tyler Technologies addressed recent
Q3 earnings, which beat estimates but caused a 2.4% dip in their stock since the last report. They're considered a great momentum stock despite inconsistent financials. Recent achievements include the optimization of the licensing process for the Illinois Department of Financial and Professional Regulation and winning the
AWS Government Partner of the Year Award for Public Sector Innovation. Copycats like
Quadrature Capital Ltd and
State Street Corp are buying shares. Their strategic moves into becoming a Software as a Service (SaaS) Provider, opening new offices, migrating to new software, and strong SaaS growth are boosting their stock's value.
Tyler Technologies TYL News Analytics from Tue, 25 Jun 2024 07:00:00 GMT to Sat, 14 Dec 2024 11:38:19 GMT -
Rating 8
- Innovation 9
- Information 5
- Rumor -5
