Wednesday, December 06, 2017 10:15 PM ET
Insider at Tyler Technologies (TYL) Makes Significant Sale of Stock
There was a substantial insider sale of Tyler Technologies shares today, as indicated in a filing with the SEC as — Larry D Leinweber, Director — disposed of 28,751 shares in the company having a market value of approximately $5,336,019 There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 160,759 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 189,510 shares and have averaged 63,170 shares per transaction over this time period.
The level of buy/sell trading at Tyler Technologies is is above the 97 peer company average over the last 90-day period. The Software peer group saw 173 buy/sell trades during this period for an average of 1.8 transactions per company. The number of shares per buy/sell trade for Tyler Technologies insiders was also higher. Within the peer group there were 1,215,604 shares purchased and 6,765,239 shares sold with company insiders selling 32,079 shares on average.
For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to compose and write this story.
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