Tyler Technologies slips as higher-rate fears weigh on software shares

Tyler Technologies (TYL) is down 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a macro-led pullback in higher-multiple software stocks after a stronger-than-expected U.S. jobs report pushed Treasury yields higher and revived expectations for tighter monetary policy. There does not appear to be a major new company-specific negative announcement today, so the decline may also reflect profit-taking after a recent run-up and softer sentiment following a recent analyst downgrade.

Details:

Fresh economic data showed stronger August payroll growth, which pressured the broader market and tends to hit rate-sensitive software names more than average.

Tyler’s recent company updates have been broadly constructive, including its July acquisition of CODY Systems and new public-sector contract activity highlighted in its September investor update.

A research-rating change on September 2 moved TYL to Hold from Strong-Buy, which may have weighed on near-term sentiment even without a new fundamental shock.

Recent insider selling by the chief executive also may have added caution for traders, though such sales do not necessarily signal a change in business performance.

Sources:

AP News, Tyler Technologies Investor Relations, MarketBeat, Yahoo Finance

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 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

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

H LYNN JR MOORE (President and CEO) sold 9,250 shares for an estimated $3,448,279
JEFFREY DAVID PUCKETT (Chief Operating Officer) sold 8,500 shares for an estimated $3,029,697
GLENN A CARTER sold 1,624 shares for an estimated $567,003

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 572 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 $5,730,081 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:

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.