Tyler Technologies, Inc.’s recently made public that its Executive VP and CFO MILLER BRIAN K unloaded Company’s shares for reported $1.24 million on May 03 ’24. In the deal valued at $465.03 per share,2,671 shares were sold. As a result of this transaction, MILLER BRIAN K now holds 13,536 shares worth roughly $6.52 million.
Then, Cline Brenda A sold 5,000 shares, generating $2,294,161 in total proceeds. Upon selling the shares at $458.83, the Director now owns 1,358 shares.
Before that, MARR JOHN S JR sold 7,750 shares. Tyler Technologies, Inc. shares valued at $3,293,034 were divested by the Executive Chair of the Board at a price of $424.91 per share. As a result of the transaction, MARR JOHN S JR now holds 6,983 shares, worth roughly $3.36 million.
Oppenheimer reiterated its Tyler Technologies, Inc. [TYL] rating to an Outperform in a research note published on April 26, 2024; the price target was $500. Oppenheimer began covering TYL with “an Outperform” recommendation on October 17, 2023. JP Morgan started covering the stock on June 21, 2023. It rated TYL as “an Overweight”.
Price Performance Review of TYL
On Tuesday, Tyler Technologies, Inc. [NYSE:TYL] saw its stock jump 1.13% to $481.38. Over the last five days, the stock has gained 4.30%. Tyler Technologies, Inc. shares have risen nearly 15.13% since the year began. Nevertheless, the stocks have risen 23.51% over the past one year. While a 52-week high of $477.86 was reached on 05/07/24, a 52-week low of $361.16 was recorded on 04/17/24. SMA at 50 days reached $427.54, while 200 days put it at $409.00. A total of 0.28 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For TYL Stock
The 24-hour chart illustrates a support level at 475.65, which if violated will result in even more drops to 469.92. On the upside, there is a resistance level at 485.47. A further resistance level may holdings at 489.56. The Relative Strength Index (RSI) on the 14-day chart is 78.36, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 29.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.91%. Stochastics %K at 97.12% indicates the stock is a selling.
The most recent change occurred on April 28, 2023 when Wolfe Research resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $425.
