Tyler Technologies, Inc. (TYL)

In the past six months, Tyler Technologies' stock experienced various movements. The company announced financial results for Q4 2023 and Q1 2025, with revenue increases. Analysts generally have an optimistic view of TYL, with an average rating of "Buy". The share price was $562.48 as of July 14, 2025, representing an increase of 7.98% over the period from July 15, 2024. The company integrated with The Work Number from Equifax and acquired MyGov LLC. There has been significant insider selling over the past three months.

The demand for Tyler Technologies' products and services might be influenced by government budget cycles, fiscal year-ends, and grant availability. The nature of government procurement and project timelines could lead to certain periods of higher or lower demand. The company's recurring revenue model suggests a relatively stable and predictable revenue stream, which may mitigate significant seasonality impacts on overall financial performance.

Tyler Technologies, Inc. (TYL) is a leading provider of integrated technology and management solutions and services primarily for the U.S. public sector, focusing on local governments. The company operates in the Technology sector, specifically in the Software - Application industry, delivering software solutions and services that support essential government functions. Tyler's major products and solutions include platform technologies, ERP financials, courts & justice, public safety, property appraisal & tax, civic & service, K-12 school, land and vital records management, planning, regulatory, and maintenance, and the NIC segment. The company offers its software applications through SaaS and on-premise solutions, and provides professional IT services.

Tyler Technologies is headquartered in Plano, Texas, U.S., and operates in the U.S., Canada, the Philippines, and India. It has offices in 17 states across the U.S. and one in Toronto, Ontario, Canada, with a total of 56 office locations throughout the U.S. The company has over 45,000 successful installations across 13,000 locations, serving clients in all 50 U.S. states, Canada, the Caribbean, Australia, and other international locations.

In the past year, Tyler Technologies has maintained a generally positive brand reputation. Tyler Technologies was named a Leader in the 2025 Gartner® Magic Quadrant™ for Cloud-Based ERP for U.S. Local Government. The company's strategic collaboration with Amazon Web Services has enhanced its technological capabilities. Its integration with The Work Number from Equifax in May 2025 reflects positively on its offerings. Tyler Technologies has faced controversies in the past, such as lawsuits in 2014 and 2016 regarding wrongful jailings and arrests due to issues with their software, and a class-action lawsuit in 2021 related to software problems.

Tyler Technologies has a diverse ownership structure, primarily dominated by institutional investors. Institutional investors hold approximately 62.83% to 95.34% of the company's stock. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Larry D. Leinweber is the largest individual shareholder, owning 19.95% of the company.