Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Tyler Technologies, Inc. shares valued at $388,016 were sold by MILLER BRIAN K on Jun 12 ’24. At $485.02 per share, MILLER BRIAN K sold 800 shares. The insider’s holdings dropped to 11,936 shares worth approximately $6.09 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, MILLER BRIAN K sold 800 shares, netting a total of over 383,426 in proceeds. Following the sale of shares at $479.28 each, the insider now holds 12,736 shares.
Before that, MARR JOHN S JR had sold 6,000 shares from its account. In a trade valued at $2,916,989, the Executive Chair of the Board traded Tyler Technologies, Inc. shares for $486.16 each. Upon closing the transaction, the insider’s holdings decreased to 6,000 shares, worth approximately $3.56 million.
As published in a research note from Needham on May 21, 2024, Tyler Technologies, Inc. [TYL] has been retained to a Buy and the price target has been revised to $600. Analysts at Oppenheimer resumed the stock at ‘”an Outperform”‘ outlook in a report released in late April. Earlier on October 17, 2023, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for TYL stock.
Analyzing TYL Stock Performance
During the last five days, there has been a surge of approximately 4.39%. Over the course of the year, Tyler Technologies, Inc. shares have jumped approximately 22.00%. Shares of the company reached a 52-week high of $519.44 on 07/02/24 and a 52-week low of $397.80 on 04/17/24. A 50-day SMA is recorded $479.40, while a 200-day SMA reached $428.33. Nevertheless, trading volume fell to 0.11 million shares from 0.26 million shares the previous day.
Support And Resistance Levels for Tyler Technologies, Inc. (TYL)
According to the 24-hour chart, there is a support level at 504.21, which, if violated, would cause prices to drop to 499.87. In the upper region, resistance lies at 513.64. The next price resistance is at 518.73. RSI (Relative Strength Index) is 70.01 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 17.35, which suggests the price will increase in the coming days. Percent R is at 17.85%, indicating bullish price movement. Stochastics%K at selling indicates that the stock is to be held.
