Tyler Technologies Inc (TYL) Files Form 4 Insider Selling : John M Yeaman Sells 8,000 Shares

Tyler Technologies Inc (TYL): John M Yeaman , Chairman of the Board of Tyler Technologies Inc sold 8,000 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $169.03 per share for a total value of $1,352,240.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 13, 2016, Brian K Miller (EVP & Chief Financial Officer) sold 7,500 shares at $169.13 per share price.On Sep 9, 2016, H Lynn Jr Moore (Executive VP & General Counsel) sold 12,000 shares at $169.74 per share price.Also, On Sep 9, 2016, John M Yeaman (Chairman of the Board) sold 10,000 shares at $169.07 per share price.On Sep 2, 2016, John S Jr Marr (President and CEO) sold 24,000 shares at $166.48 per share price.

Tyler Technologies: On Monday, Sep 12, 2016 heightened volatility was witnessed in Tyler Technologies which led to swings in the share price. The shares opened for trading at $167.1 and hit $169.69 on the upside , eventually ending the session at $169.52, with a gain of 0.92% or 1.55 points. The heightened volatility saw the trading volume jump to 211,432 shares. The 52-week high of the share price is $184.01 and the company has a market cap of $6,160 M . The 52-week low of the share price is at $118.16.

Tyler Technologies Money Flow Index Chart

Company has been under the radar of several Street Analysts.Tyler Technologies is Reiterated by The Benchmark Company to Buy and the brokerage firm has raised the Price Target to $ 190 from a previous price target of $160 .The Rating was issued on Jul 29, 2016.Tyler Technologies is Reiterated by Maxim Group to Buy and the brokerage firm has raised the Price Target to $ 206 from a previous price target of $196 .The Rating was issued on Jul 28, 2016.Tyler Technologies is Initiated by Piper Jaffray to Overweight and the brokerage firm has set the Price Target at $200. The Rating was issued on Jul 26, 2016.Tyler Technologies is Initiated by Pacific Crest to Overweight. The Rating was issued on Jun 20, 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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