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Citigroup Inc. Sells 4,964 Shares of Tyler Technologies, Inc. $TYL
Citigroup Inc. has reduced its stake in Tyler Technologies (NYSE:TYL) by 6.9%, selling 4,964 shares and retaining 67,014 shares valued at approximately $35.06 million. This reduction comes as Tyler Technologies recently missed quarterly earnings and revenue estimates, although revenue still grew by 6.3% year-over-year. Despite analysts lowering price targets after the results, the stock maintains a “Moderate Buy” consensus rating with an average target of $467.54.