Reported 14 days ago
Artisan Mid Cap Fund has announced in its third-quarter 2025 investor letter that it has reduced its position in Tyler Technologies (TYL), citing elevated valuation as the reason. The firm observed significant outperformance in the equity markets, with its funds achieving substantial returns compared to the Russell Midcap Growth Index. TYL, which offers information management solutions for the public sector, has seen its stock decline over the past year, prompting Artisan to trim its holdings while maintaining a stake due to the company’s growth potential.
Source: YAHOO