On March 11, a recent SEC filing unveiled that David Jeffrey Puckett, Chief Operating Officer at Tyler Technologies (NYSE:TYL) made an insider sell.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that Puckett executed a sale of 2,609 shares of Tyler Technologies with a total value of $1,103,864.
The latest market snapshot at Tuesday morning reveals Tyler Technologies shares down by 0.0%, trading at $428.82.
Unveiling the Story Behind Tyler Technologies
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.
Breaking Down Tyler Technologies's Financial Performance
Revenue Growth: Tyler Technologies's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 6.35%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with ...