In the third quarter, Asset Management One Co. Ltd. reduced its stake in Tyler Technologies by 11.6%, divesting 3,189 shares to hold 24,215 shares valued at approximately $12.67 million according to its latest 13F filing. Other notable moves included Millennium Management LLC increasing its position by 82.6%—adding 40,897 shares to reach 90,436 shares (worth about $52.6 million)—and Goldman Sachs Group Inc. boosting its stake by 17.2% with an additional 62,889 shares, bringing its total to 428,304 shares (approximately $249 million). Collective institutional ownership of the company now stands at 93.30%.

Tyler Technologies reported third-quarter revenue of $595.9 million, slightly ahead of consensus estimates, and delivered $2.97 in earnings per share, beating forecasts by $0.09. The results reflected a 10.2% year-over-year revenue increase, a net margin of 13.72% and a return on equity of 10.57%. Management issued full-year 2025 EPS guidance in the range of 11.30 to 11.50, while sell-side analysts project roughly 8.52 EPS for the current fiscal year.

Company insiders sold a combined 3,500 shares over the last three months, generating proceeds of about $1.6 million and reducing their collective ownership to 1.10% of outstanding shares. On the Street, the stock carries a consensus ‘Moderate Buy’ rating with 12 analysts recommending ‘Buy’ and four issuing ‘Hold.’