TYL - Sell Alert: JOHN MARR JR Cashes Out $2.84M In Tyler Technologies Stock | Benzinga
Revealing a significant insider sell on December 13, JOHN MARR JR, Executive Chairman at Tyler Technologies (NYSE:TYL), as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that JR sold 7,000 shares of Tyler Technologies. The total transaction amounted to $2,840,450.
At Thursday morning, Tyler Technologies shares are down by 0.61%, trading at $409.94.
Delving into Tyler Technologies's Background
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
Understanding the Numbers: Tyler Technologies's Finances
Revenue Growth: Tyler Technologies's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 4.54%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with ...