Block (NYSE:XYZ) Director Anthony Mathew Eisen Sells 6,000 Shares

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of Block stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $74.28, for a total value of $445,680.00. Following the transaction, the director owned 1,952,672 shares in the company, valued at approximately $145,044,476.16. This represents a 0.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Mathew Eisen also recently made the following trade(s):

• On Wednesday, June 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.01, for a total transaction of $444,060.00.
• On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.10, for a total transaction of $444,600.00.
• On Monday, June 15th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $72.26, for a total transaction of $433,560.00.
• On Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $69.78, for a total transaction of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $66.64, for a total transaction of $399,840.00.
• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $68.22, for a total transaction of $409,320.00.
• On Thursday, June 4th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $70.84, for a total transaction of $425,040.00.
• On Monday, June 1st, Anthony Mathew Eisen sold 135,750 shares of Block stock. The shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Trading Up 4.6%

XYZ opened at $75.67 on Thursday. Block, Inc. has a one year low of $48.21 and a one year high of $82.50. The stock has a market capitalization of $45.04 billion, a PE ratio of 59.12, a P/E/G ratio of 0.94 and a beta of 2.56. The business’s 50 day moving average price is $71.20 and its 200 day moving average price is $64.95. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99.

Block (NYSE:XYZ) last posted its earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.55. Block had a return on equity of 7.02% and a net margin of 3.30%.The company had revenue of $6.06 billion during the quarter. During the same period last year, the business earned $0.56 EPS. Block’s revenue was up 4.9% compared to the same quarter last year. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. As a group, equities research analysts expect that Block, Inc. will post 2.42 EPS for the current year.

Hedge Funds Weigh In On Block

Several hedge funds have recently bought and sold shares of XYZ. Cary Street Partners Investment Advisory LLC acquired a new position in Block in the 3rd quarter valued at about $28,000. Sound Income Strategies LLC boosted its stake in shares of Block by 57.1% in the fourth quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock valued at $29,000 after purchasing an additional 161 shares during the period. Global Assets Advisory LLC purchased a new position in shares of Block in the first quarter valued at approximately $31,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Block in the fourth quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Block by 59.0% in the third quarter. EverSource Wealth Advisors LLC now owns 528 shares of the technology company’s stock valued at $38,000 after purchasing an additional 196 shares in the last quarter. Institutional investors and hedge funds own 70.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on XYZ. Needham & Company LLC raised their price objective on Block from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Loop Capital assumed coverage on shares of Block in a research note on Tuesday, March 31st. They set a “buy” rating and a $75.00 target price for the company. Royal Bank Of Canada lifted their price target on shares of Block from $90.00 to $93.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Rothschild & Co Redburn raised shares of Block from a “sell” rating to a “neutral” rating and boosted their price target for the company from $45.00 to $55.00 in a research note on Wednesday, March 18th. Finally, HSBC upgraded shares of Block from a “hold” rating to a “buy” rating and upped their price objective for the stock from $70.00 to $77.00 in a report on Tuesday, March 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $85.42.

About Block

Block (NYSE:XYZ) is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block’s portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.

The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.