Should You Be Bullish on Tyler Technologies (TYL)?
In Fenimore Asset Management's Q2 2026 investor letter, the company highlighted Tyler Technologies, Inc. (NYSE:TYL) as one of its investment picks. The software provider for public sector organizations has a market capitalization of $13.99 billion. Fenimore Asset Management continued to build its position in Tyler Technologies and initiated new positions in other companies.
The software provider's strong customer retention, large installed base, and high switching costs contribute to its competitive position. Despite concerns about AI's potential impact on software providers, Fenimore remains optimistic about Tyler Technologies' long-term growth potential.
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