KeyBanc Reaffirms Their Hold Rating on Tyler Technologies (TYL)

By Carrie Williams

KeyBanc analyst Brent Bracelin maintained a Hold rating on Tyler Technologies (TYLResearch Report) today. The company’s shares opened today at $234.42.

According to TipRanks.com, Bracelin is a top 25 analyst with an average return of 30.0% and a 74.5% success rate. Bracelin covers the Technology sector, focusing on stocks such as Slack Technologies Inc, Coupa Software Inc, and Salesforce.com.

Currently, the analyst consensus on Tyler Technologies is a Moderate Buy with an average price target of $240.

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Tyler Technologies’ market cap is currently $8.95B and has a P/E ratio of 68.31. The company has a Price to Book ratio of 6.58.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2019, Dustin Womble, a Director at TYL sold 8,880 shares for a total of $1,963,812.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Tyler Technologies, Inc. engages in the provision of integrated technology and management solutions and services for public sector with a focus on local governments. It operates through the Enterprise Software, and Appraisal and Tax segments.