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Praesidium Investment Management Company Has Boosted Tyler Technologies (TYL) Holding By $8.87 Million; Aspen Technology Has 0.78 Sentiment

Praesidium Investment Management Company Llc increased Tyler Technologies Inc (TYL) stake by 11.28% reported in 2017Q2 SEC filing. Praesidium Investment Management Company Llc acquired 50,664 shares as Tyler Technologies Inc (TYL)’s stock rose 9.81%. The Praesidium Investment Management Company Llc holds 499,927 shares with $87.82M value, up from 449,263 last quarter. Tyler Technologies Inc now has $6.84 billion valuation. The stock decreased 0.95% or $1.74 during the last trading session, reaching $181.96. About 218,243 shares traded or 14.59% up from the average. Tyler Technologies, Inc. (NYSE:TYL) has risen 17.20% since December 7, 2016 and is uptrending. It has outperformed by 0.50% the S&P500.

Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. The company has market cap of $4.84 billion. It operates through two divisions, Subscription and Software, and Services. It has a 31.11 P/E ratio. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments.

Analysts await Aspen Technology, Inc. (NASDAQ:AZPN) to report earnings on January, 25. They expect $0.45 earnings per share, down 6.25% or $0.03 from last year’s $0.48 per share. AZPN’s profit will be $32.64 million for 37.09 P/E if the $0.45 EPS becomes a reality. After $0.47 actual earnings per share reported by Aspen Technology, Inc. for the previous quarter, Wall Street now forecasts -4.26% negative EPS growth.

The stock increased 0.29% or $0.19 during the last trading session, reaching $66.76. About 262,515 shares traded. Aspen Technology, Inc. (AZPN) has risen 59.88% since December 7, 2016 and is uptrending. It has outperformed by 43.18% the S&P500.

Two Creeks Capital Management Lp holds 5.12% of its portfolio in Aspen Technology, Inc. for 1.52 million shares. Provident Investment Management Inc. owns 425,707 shares or 4.28% of their US portfolio. Moreover, Kayne Anderson Rudnick Investment Management Llc has 1.9% invested in the company for 3.44 million shares. The Texas-based Stephens Investment Management Group Llc has invested 1.15% in the stock. Howland Capital Management Llc, a Massachusetts-based fund reported 206,111 shares.

Among 12 analysts covering Tyler Technologies (NYSE:TYL), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Tyler Technologies had 41 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Tyler Technologies, Inc. (NYSE:TYL) earned “Buy” rating by Northland Capital on Monday, July 3. The firm earned “Buy” rating on Sunday, August 27 by Piper Jaffray. On Thursday, October 22 the stock rating was maintained by Northland Capital with “Outperform”. The firm earned “Overweight” rating on Tuesday, September 13 by KeyBanc Capital Markets. The stock of Tyler Technologies, Inc. (NYSE:TYL) earned “Overweight” rating by Pacific Crest on Monday, June 20. Piper Jaffray maintained the stock with “Buy” rating in Thursday, October 26 report. Maxim Group maintained the shares of TYL in report on Friday, April 28 with “Buy” rating. The firm has “Buy” rating given on Thursday, October 26 by Northland Capital. Maxim Group upgraded Tyler Technologies, Inc. (NYSE:TYL) on Thursday, October 1 to “Buy” rating. The firm has “Buy” rating by Needham given on Friday, February 19.

Investors sentiment increased to 1.63 in 2017 Q2. Its up 0.33, from 1.3 in 2017Q1. It improved, as 26 investors sold TYL shares while 63 reduced holdings. 36 funds opened positions while 109 raised stakes. 33.60 million shares or 2.90% more from 32.65 million shares in 2017Q1 were reported. New York State Teachers Retirement Systems holds 0.03% or 59,514 shares. State Of Wisconsin Board has invested 0% in Tyler Technologies, Inc. (NYSE:TYL). Credit Agricole S A holds 907 shares or 0% of its portfolio. Artisan Prtn Ltd Partnership reported 0.08% in Tyler Technologies, Inc. (NYSE:TYL). 10,098 were reported by Ameritas Investment Partners. Eqis Cap Mngmt has 0.07% invested in Tyler Technologies, Inc. (NYSE:TYL). Granite Investment Prtnrs Ltd Liability holds 24,827 shares. Boys Arnold & Communication Inc holds 0.07% or 3,000 shares in its portfolio. Sq Advsr Ltd Liability owns 891,535 shares. First Quadrant Ltd Partnership Ca holds 0.13% or 37,307 shares. Garrison Bradford Associates Inc reported 5,000 shares. Victory Capital Mngmt Inc holds 10,229 shares. Rhumbline Advisers holds 75,855 shares. Intll Grp holds 0.04% or 69,109 shares in its portfolio. Sei Invests holds 66,323 shares or 0.05% of its portfolio.

Since June 13, 2017, it had 0 buys, and 2 insider sales for $1.45 million activity. Shares for $310,113 were sold by MOORE H LYNN JR. Another trade for 6,700 shares valued at $1.14 million was sold by LEINWEBER LARRY D.

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