Tyler Technologies COO Puckett sells $4.2M in stock
Tyler Technologies' COO, Jeffrey David Puckett, sold 10,000 shares of company stock on November 4, 2026, following the exercise of stock options. The sale generated $4,196,925, with each share priced at an average of $419.6925. The transaction occurred in multiple batches, with prices fluctuating between $419.20 and $420.185 per share.
As of the sale date, Tyler Technologies' stock price stood at $420.56, marking a 6.7% increase over the previous week. Despite this recent activity, the company maintains a favorable valuation with a P/E ratio of 52.37 and a market capitalization of $17.11 billion. Prior to the sale, Puckett had purchased 10,000 shares via stock options on the same day, valued at $1,766,150.
These options were subject to a graded vesting schedule, with different exercise prices and dates for each tranche. Following the reported transactions, Puckett currently owns 7,799.7771 shares of Tyler Technologies. Tyler Technologies also reported its Q3 2026 earnings, surpassing Wall Street estimates with earnings per share of $3.52, compared to the expected $3.48.
However, revenue fell short of expectations, coming in at $647.6 million versus the anticipated $651.46 million. Despite this, the company emphasized strong demand for its cloud services, better margins, and record free cash flow, indicating ongoing financial improvements.
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