The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tyler Technologies, Inc shares valued at $3,713,978 were sold by MARR JOHN S JR on Mar 06 ’25. At $619.00 per share, MARR JOHN S JR sold 6,000 shares. The insider’s holdings dropped to 6,983 shares worth approximately $3.98 million following the completion of this transaction.
Also, MARR JOHN S JR purchased 6,000 shares, netting a total of over 3,714,215 in proceeds.
Before that, MILLER BRIAN K had sold 1,550 shares from its account. In a trade valued at $950,904, the Executive VP and CFO traded Tyler Technologies, Inc shares for $613.58 each. Upon closing the transaction, the insider’s holdings decreased to 1,550 shares, worth approximately $8.0 million.
As published in a research note from Wells Fargo on January 07, 2025, Tyler Technologies, Inc [TYL] has been rated down from an Overweight to an Equal weight and the price target has been revised to $615 from $670. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in early October. As of May 21, 2024, Needham has reiterated its “Buy” rating for TYL. Earlier on April 26, 2024, Oppenheimer resumed 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 2.26%. Over the course of the year, Tyler Technologies, Inc shares have dropped approximately -1.12%. Shares of the company reached a 52-week high of $661.31 on 02/13/25 and a 52-week low of $514.51 on 04/08/25. A 50-day SMA is recorded $588.87, while a 200-day SMA reached $585.77.
Support And Resistance Levels for Tyler Technologies, Inc (TYL)
According to the 24-hour chart, there is a support level at 565.79, which, if violated, would cause prices to drop to 561.38. In the upper region, resistance lies at 575.94. The next price resistance is at 581.68. RSI (Relative Strength Index) is 49.35 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.84, which suggests the price will increase in the coming days. Percent R is at 23.76%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
