Published on 10 Dec 2021 on Insider Monkey via Yahoo Finance

Here is What Hedge Funds Think About Tyler Technologies, Inc. (TYL)

The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As a result, the relevancy of these public filings and their content is indisputable, as they may reveal numerous high-potential stocks. The following article will discuss the smart money sentiment towards Tyler Technologies, Inc. (NYSE:TYL).

Is Tyler Technologies, Inc. (NYSE:TYL) a splendid investment now? Investors who are in the know were getting less optimistic. The number of bullish hedge fund positions decreased by 3 lately. Tyler Technologies, Inc. (NYSE:TYL) was in 30 hedge funds' portfolios at the end of September. The all time high for this statistic is 36. Our calculations also showed that TYL isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings). There were 33 hedge funds in our database with TYL positions at the end of the second quarter.

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium prices have more than doubled over the past year, so we go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. With all of this in mind we're going to review the fresh hedge fund action encompassing Tyler Technologies, Inc. (NYSE:TYL).