Tyler Technologies Inc (TYL) Files Form 4 Insider Selling : John M Yeaman Sells 5,000 Shares

Tyler Technologies Inc (TYL): John M Yeaman , Chairman of the Board of Tyler Technologies Inc sold 5,000 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were sold at $160.00 per share for a total value of $800,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, H Lynn Jr Moore (EVP & General Counsel) sold 13,194 shares at $159.17 per share price.On Jun 7, 2016, John M Yeaman (Chairman of the Board) sold 3,000 shares at $159.22 per share price.Also, On Jun 2, 2016, Luther Jr King (director) sold 988 shares at $155.56 per share price.On Jun 2, 2016, John S Jr Marr (President and CEO) sold 48,897 shares at $152.88 per share price.

Shares of Tyler Technologies (TYL) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.26 points or -0.16% at $160.22 with 1,75,136 shares getting traded. Post opening the session at $159.59, the shares hit an intraday low of $158.54 and an intraday high of $160.55 and the price vacillated in this range throughout the day. The company has a market cap of $5,787 M and the number of outstanding shares has been calculated to be 3,61,18,700 shares. The 52-week high of Tyler Technologies is $184.01 and the 52-week low is $118.05.

Tyler Technologies Money Flow Index Chart

Company has been under the radar of several Street Analysts.Tyler Technologies is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 196 from a previous price target of $201 . The Rating was issued on Apr 28, 2016.Tyler Technologies is Initiated by Avondale to Mkt Perform. The Rating was issued on Apr 15, 2016.

Tyler Technologies Inc. (Tyler) is a provider of information management solutions and services for the public sector with a focus on local governments. The Company provides professional information technology (IT) services to its clients. The Company operates through two segments: The Enterprise Software Solutions segment which provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions such as financial management courts and justice processes planning regulatory and maintenance and land and vital records management and The Appraisal and Tax Software Solutions and Services segment which 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.

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