TYL Tyler

Tyler Technologies, Inc. engages in the provision of integrated technology and management solutions and services for public sector with a focus on local governments. It operates through the Enterprise Software, and Appraisal and Tax segments. The Enterprise Software segment provides municipal and county governments and schools with software systems to meet their information technology and automation needs for mission-critical back-office functions such as financial management, courts, and justice processes. The Appraisal and Tax segment provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities. The company was founded in 1966 and is headquartered in Plano, TX.
Company profile
Ticker
TYL
Exchange
Website
CEO
H. Lynn Moore
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Activision Blizzard • BlackBerry • NortonLifeLock • Adobe • Vmware • Ceridian HCM Holding • McAfee • SolarWinds ...
Former names
TYLER CORP /NEW/
SEC CIK
Corporate docs
IRS number
752303920
TYL stock data
()
News
Tyler Technologies Acquires ReadySub School Scheduler For Undisclosed Sum
5 Apr 21
P/E Ratio Insights for Tyler Technologies
5 Apr 21
Tyler Technologies Acquires ReadySub School Scheduling Solution; Terms Not Disclosed
5 Apr 21
10 Biggest Price Target Changes For Thursday
1 Apr 21
Needham Maintains Buy on Tyler Technologies, Lowers Price Target to $480
1 Apr 21
Press releases
PTC Set to Join S&P 500; Lattice Semiconductor & Progyny to Join S&P MidCap 400; Domtar to Join S&P SmallCap 600
15 Apr 21
Tyler Technologies Schedules First Quarter 2021 Earnings Conference Call and Webcast
15 Apr 21
Tyler Technologies' EnerGov Decision Engine Solution Helps Guide Residents Through Complex Government Ordinances
13 Apr 21
Tyler Technologies Releases 2020 Corporate Responsibility Report
6 Apr 21
Tyler Technologies Acquires ReadySub School Scheduling Solution
5 Apr 21
Investment data
Securities sold
Number of investors
Calendar
19 Feb 21
18 Apr 21
31 Dec 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Financial data from Tyler earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 21 | H LYNN Moore JR | Common Stock | Grant | Aquire A | No | No | 360.85 | 33 | 11.91K | 74,127 |
31 Mar 21 | Brian K Miller | Common Stock | Grant | Aquire A | No | No | 360.85 | 38 | 13.71K | 26,393 |
1 Mar 21 | Womble Dustin R | Common Stock | Sell | Dispose S | No | No | 470.5 | 12,244 | 5.76M | 137,331 |
1 Mar 21 | Womble Dustin R | Common Stock | Option exercise | Aquire M | No | No | 176.8 | 12,244 | 2.16M | 149,575 |
1 Mar 21 | Womble Dustin R | Option Common Stock | Option exercise | Dispose M | No | No | 176.8 | 12,244 | 2.16M | 0 |
1 Mar 21 | Donald R Brattain | Common Stock | Sell | Dispose S | No | No | 477.575 | 3,000 | 1.43M | 1,150 |
1 Mar 21 | Donald R Brattain | Common Stock | Option exercise | Aquire M | No | No | 167.14 | 3,000 | 501.42K | 4,150 |
1 Mar 21 | Donald R Brattain | Option Common Stock | Option exercise | Dispose M | No | No | 167.14 | 3,000 | 501.42K | 2,000 |
1 Mar 21 | Brian K Miller | Common Stock | Payment of exercise | Dispose F | No | No | 463.42 | 147 | 68.12K | 26,355 |
1 Mar 21 | Brian K Miller | Common Stock | Option exercise | Aquire M | No | No | 0 | 604 | 0 | 26,502 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
92.7% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 598 |
Opened positions | 96 |
Closed positions | 45 |
Increased positions | 200 |
Reduced positions | 210 |
13F shares |
Current |
---|---|
Total value | 16.47B |
Total shares | 37.74M |
Total puts | 93.6K |
Total calls | 122.7K |
Total put/call ratio | 0.8 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 4.48M | $1.96B |
Vanguard | 4.47M | $1.95B |
STT State Street | 1.68M | $731.39M |
Brown Capital Management | 1.54M | $670.38M |
Capital World Investors | 1.03M | $451.11M |
BEN Franklin Resources | 849.91K | $370.99M |
Alliancebernstein | 762.26K | $332.74M |
PFG Principal Financial Group Inc - Registered Shares | 751.02K | $327.83M |
JHG Janus Henderson | 737.56K | $321.96M |
Ownership Capital B.V. | 735.15K | $320.91M |
Financial report summary
?Management Discussion
- ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
- This document contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical in nature and typically address future or anticipated events, trends, expectations or beliefs with respect to our financial condition, results of operations or business. Forward-looking statements often contain words such as “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates,” “plans,” “intends,” “continues,” “may,” “will,” “should,” “projects,” “might,” “could” or other similar words or phrases. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. We believe there is a reasonable basis for our forward-looking statements, but they are inherently subject to risks and uncertainties and actual results could differ materially from the expectations and beliefs reflected in the forward-looking statements. We presently consider the following to be among the important factors that could cause actual results to differ materially from our expectations and beliefs: (1) the effects of the COVID-19 pandemic, including its potential effects on the economic environment, our customers and our operations, as well as any changes to federal, state or local government laws, regulations or orders in connection with the pandemic; (2) changes in the budgets or regulatory environments of our clients, primarily local and state governments, that could negatively impact information technology spending; (3) disruption to our business and harm to our competitive position resulting from cyber-attacks and security vulnerabilities; (4) our ability to protect client information from security breaches and provide uninterrupted operations of data centers; (5) our ability to achieve growth or operational synergies through the integration of acquired businesses, while avoiding unanticipated costs and disruptions to existing operations; (6) material portions of our business require the Internet infrastructure to be adequately maintained; (7) our ability to achieve our financial forecasts due to various factors, including project delays by our clients, reductions in transaction size, fewer transactions, delays in delivery of new products or releases or a decline in our renewal rates for service agreements; (8) general economic, political and market conditions; (9) technological and market risks associated with the development of new products or services or of new versions of existing or acquired products or services; (10) competition in the industry in which we conduct business and the impact of competition on pricing, client retention and pressure for new products or services; (11) the ability to attract and retain qualified personnel and dealing with the loss or retirement of key members of management or other key personnel; and (12) costs of compliance and any failure to comply with government and stock exchange regulations. A detailed discussion of these factors and other risks that affect our business are described in Item 1A, “Risk Factors”. We expressly disclaim any obligation to publicly update or revise our forward-looking statements.
- We provide integrated information management solutions and services for the public sector, with a focus on local governments. We develop and market a broad line of software products and services to address the IT needs of cities, counties, schools and other local government entities. In addition, we provide professional IT services to our clients, including software and hardware installation, data conversion, training and for certain clients, product modifications, along with continuing maintenance and support for clients using our systems. We also provide subscription-based services such as software as a service (“SaaS”), which primarily utilize the Tyler private cloud, and electronic document filing solutions (“e-filing”), which simplify the filing and management of court related documents. Revenues for e-filing are derived from transaction fees and, in some cases, fixed fee arrangements. Other transaction-based fees primary relate to online payment services. We also provide property appraisal outsourcing services for taxing jurisdictions.
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
absence, Academy, accordion, Ada, advocacy, Affinity, affirmative, African, American, Asian, awaiting, back, BFTR, Bison, Black, breach, breakdown, bridge, care, career, carryback, CDC, CEO, charitable, closure, color, conferencing, Connecticut, coupled, culture, DEI, Disease, distancing, economy, emotional, empowering, enjoining, equitable, ERP, evidenced, feedback, female, fight, gender, Goldman, guide, harmonize, healthcare, Hispanic, home, HR, incident, indirectly, insist, investigatory, Landrieu, Latino, learning, LGBTQ, loan, lost, male, Mary, meaningfully, member, mental, Mentoring, merge, moved, moving, NIC, notified, ofthe, onboarding, outbreak, pandemic, par, pendency, perfected, pivoted, posture, pressing, problem, prohibiting, promptly, pushed, put, Race, ransomware, recommend, recommendation, recovery, reimbursable, relaxed, relief, remediating, remediation, removed, reserve, resolved, restore, restraining, resuming, safe, safeguard, safer, senior, settlement, shut, situation, smarter, social, spread, stimulate, stressful, stronger, survey, talent, talented, tasked, telehealth, tenure, trend, trillion, TylerU, unanimously, underperform, underrepresented, undrawn, unlimited, USA, Veteran, video, Voluntary, vulnerable, White, withholding, women, workforce, workplace, worsening
Financial reports
10-K
2020 FY
Annual report
19 Feb 21
10-Q
2020 Q3
Quarterly report
4 Nov 20
10-Q
2020 Q2
Quarterly report
29 Jul 20
10-Q
2020 Q1
Quarterly report
29 Apr 20
10-K
2019 FY
Annual report
19 Feb 20
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
20 Feb 19
10-Q
2018 Q3
Quarterly report
31 Oct 18
Current reports
8-K
Entry into a Material Definitive Agreement
9 Mar 21
8-K
Tyler Technologies, Inc. Announces Proposed Offering of Convertible Senior Notes due 2026 and Convertible Senior Notes due 2028
3 Mar 21
8-K
Regulation FD Disclosure
11 Feb 21
8-K
Tyler Technologies Reports Earnings for Fourth Quarter 2020
10 Feb 21
8-K
Entry into a Material Definitive Agreement
10 Feb 21
8-K
Tyler Technologies Reports Earnings for Third Quarter 2020
4 Nov 20
8-K
Other Events
29 Sep 20
8-K
Tyler Technologies Reports Earnings for Second Quarter 2020
29 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
12 May 20
8-K
Tyler Technologies Reports Earnings for First Quarter 2020
29 Apr 20
Registration and prospectus
S-8
Registration of securities for employees
17 May 18
D
$310M in equity, sold $310M, 50 investors
16 Nov 15
S-8
Registration of securities for employees
30 Jul 15
S-8
Registration of securities for employees
24 Jun 12
S-8
Registration of securities for employees
2 Aug 10
S-8
Registration of securities for employees
14 Aug 08
S-8
Registration of securities for employees
26 Jul 06
S-8
Registration of securities for employees
9 Jun 04
SC TO-I/A
Issuer tender offer statement (amended)
15 May 03
SC TO-I/A
Issuer tender offer statement (amended)
12 May 03
Proxies
DEF 14A
Definitive proxy
1 Apr 21
DEFA14A
Additional proxy soliciting materials
15 Apr 20
DEF 14A
Definitive proxy
1 Apr 20
DEF 14A
Definitive proxy
29 Mar 19
DEF 14A
Definitive proxy
27 Mar 18
DEFA14A
Additional proxy soliciting materials
30 Mar 17
DEF 14A
Definitive proxy
27 Mar 17
DEF 14A
Definitive proxy
29 Mar 16
DEF 14A
Definitive proxy
29 Mar 15
DEF 14A
Definitive proxy
27 Mar 14
Other
UPLOAD
Letter from SEC
1 Oct 18
UPLOAD
Letter from SEC
15 Oct 12
CORRESP
Correspondence with SEC
16 Sep 12
UPLOAD
Letter from SEC
5 Sep 12
CORRESP
Correspondence with SEC
5 Aug 12
UPLOAD
Letter from SEC
23 Jul 12
UPLOAD
Letter from SEC
12 Jul 11
CORRESP
Correspondence with SEC
20 Jun 11
UPLOAD
Letter from SEC
16 Jun 11
UPLOAD
Letter from SEC
25 Feb 09
Ownership
4
TYLER / BRIAN K MILLER ownership change
2 Apr 21
4
TYLER / H LYNN MOORE JR ownership change
2 Apr 21
4
TYLER / Daniel M Pope ownership change
12 Mar 21
4
TYLER / H LYNN MOORE JR ownership change
3 Mar 21
4
TYLER / BRIAN K MILLER ownership change
3 Mar 21
4
TYLER / DONALD R BRATTAIN ownership change
3 Mar 21
4
TYLER / DUSTIN R WOMBLE ownership change
3 Mar 21
4
TYLER / BRIAN K MILLER ownership change
2 Mar 21
4
TYLER / H LYNN MOORE JR ownership change
2 Mar 21
4
TYLER / JOHN S MARR JR ownership change
2 Mar 21
Transcripts
2020 Q4
Earnings call transcript
11 Feb 21
2020 Q3
Earnings call transcript
5 Nov 20
2020 Q2
Earnings call transcript
1 Aug 20
2020 Q1
Earnings call transcript
30 Apr 20
2019 Q4
Earnings call transcript
13 Feb 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
5 Aug 19
2019 Q1
Earnings call transcript
3 May 19
2018 Q4
Earnings call transcript
22 Feb 19
2018 Q3
Earnings call transcript
1 Nov 18
Reddit threads
Daily Discussion Thread - February 10th, 2021
10 Feb 21
Daily Discussion Thread - February 9th, 2021
9 Feb 21
Daily Discussion Thread - February 8th, 2021
8 Feb 21
DGNR: A used BMW M5 at a great price vs the hoped for Ferrari...ugh
3 Feb 21
[Weekly Megathread] Markets and Value Stock Ideas, Week of February 01, 2021
1 Feb 21
Daily Discussion Thread - November 4th, 2020
4 Nov 20
Daily Discussion Thread - November 3rd, 2020
3 Nov 20
Daily Discussion Thread - November 2nd, 2020
2 Nov 20