Tyler Technologies, Inc. (NYSE:TYL)’s Executive Vice President and General Counsel, Lynn Moore, completed a disposition of 10,000 shares of Common Stock yesterday. The sale was executed directly and the insider received $90.00 for each share. This is one of many stock sales to be closed by Moore over the past quarter, as she has consistently been unloading shares. Last week, she sold 10,000 shares of Common Stock for a price of $94.00 per share, right after disposing of 5,000 shares for $94.93 each share on Monday. Following yesterday’s transaction, the insider now owns a total of 64,295 holdings of the $3.00 billion market cap provider of integrated information management solutions and services.
While stock dispositions have been relatively frequent at Tyler Technologies this quarter, last quarter showed some interesting developments amongst hedge funds. Robert G. Moses’ Rgm Capital, for example, increased its stake in the firm by 104% during Q1, boosting his company holdings to 271,846, with an estimated value of $22.7 million. These shares also account for 4.16% of the hedge fund’s portfolio.
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