Tyler Technologies Rises as Investors Continue to Weigh Buyback and Post-Earnings Outlook

Tyler Technologies (TYL) is up 3.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be continued buying interest after Tyler’s late-July results, which included a slight earnings beat, record bookings commentary, and a larger share repurchase authorization. There does not appear to be one clearly identifiable new catalyst on August 18, 2026, so today’s gain could be a continuation move supported by improving sentiment around the company’s cloud transition and capital return plan.

Details:

Tyler’s second-quarter update included non-GAAP EPS of $3.08 and full-year 2026 non-GAAP EPS guidance of $12.95 to $13.20, indicating management still expects solid profitability this year.

The company also authorized a new $1.5 billion share repurchase plan in late July, adding meaningful support to the stock’s valuation story.

Management highlighted record SaaS bookings, record total bookings, and record free cash flow in connection with the quarterly report, which can reinforce confidence in recurring revenue trends.

Tyler has also remained active with investor conferences in August and September, which can help keep the shares in focus after earnings even without a separate major news release today.

Sources:

Tyler Technologies, SEC, TipRanks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TYL Insider Trading Activity

$TYL insiders have traded $TYL stock on the open market 9 times in the past 6 months. Of those trades, 2 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $TYL stock by insiders over the last 6 months:

JEFFREY DAVID PUCKETT (Chief Operating Officer) has made 0 purchases and 5 sales selling 5,174 shares for an estimated $1,914,015.
GLENN A CARTER sold 1,624 shares for an estimated $567,003
ANDREW D. TEED purchased 1,600 shares for an estimated $495,856
ABIGAIL MARSHALL DIAZ-PEDROSA (Chief Administrative Officer) purchased 610 shares for an estimated $198,296
DANIEL M POPE sold 500 shares for an estimated $177,699

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TYL Hedge Fund Activity

We have seen 334 institutional investors add shares of $TYL stock to their portfolio, and 571 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NORGES BANK added 643,411 shares (+31.7%) to their portfolio in Q2 2026, for an estimated $188,171,981
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 600,206 shares (+48.5%) to their portfolio in Q2 2026, for an estimated $175,536,246
APG ASSET MANAGEMENT N.V. removed 518,805 shares (-55.2%) from their portfolio in Q2 2026, for an estimated $151,729,710
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 495,297 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $144,854,560
BLACKROCK, INC. removed 477,610 shares (-11.0%) from their portfolio in Q2 2026, for an estimated $139,681,820
VAN ECK ASSOCIATES CORP removed 431,430 shares (-31.7%) from their portfolio in Q2 2026, for an estimated $126,176,017
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 429,829 shares (+237.9%) to their portfolio in Q2 2026, for an estimated $125,707,789

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TYL Government Contracts

We have seen $17,448,052 of award payments to $TYL over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

IS 3 SERVICES AND SUPPORT: $10,980,330
EQUAL OPPORTUNITY COMPLIANCE (EOC) COMPLAINT TRACKER DATABASE SERVICES - ORDER: $488,841
USDA, OFFICE OF HEARINGS AND APPEALS (OHA) - CASE TRACKING SYSTEM: $419,407
IT AND TELECOM - STORAGE PRODUCTS (HARDWARE AND PERPETUAL LICENSE SOFTWARE): $344,176
APPLICATION MODERNIZATION - CASE MANAGEMENT DEVELOPMENT PLATFORM POWERED BY ENTELLITRAK ANNUAL SUPPORT & UP...: $287,230

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$TYL Congressional Stock Trading

Members of Congress have traded $TYL stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $TYL stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 1 purchase worth up to $15,000 on 03/13 and 2 sales worth up to $30,000 on 05/15, 04/14.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$TYL Analyst Ratings

Wall Street analysts have issued reports on $TYL in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 06/10/2026

To track analyst ratings and price targets for $TYL, check out Quiver Quantitative's $TYL forecast page.

$TYL Price Targets

Multiple analysts have issued price targets for $TYL recently. We have seen 7 analysts offer price targets for $TYL in the last 6 months, with a median target of $425.0.

Here are some recent targets:

Alexei Gogolev from JP Morgan set a target price of $525.0 on 06/23/2026
Allan Verkhovski from BTIG set a target price of $420.0 on 06/10/2026
Peter Heckmann from DA Davidson set a target price of $460.0 on 06/10/2026
Saket Kalia from Barclays set a target price of $425.0 on 06/10/2026
Matthew Vanvliet from Cantor Fitzgerald set a target price of $360.0 on 05/01/2026
Kirk Materne from Evercore ISI Group set a target price of $375.0 on 05/01/2026
Trevor Walsh from Citizens set a target price of $500.0 on 04/28/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.