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

Block, Inc. (NYSE:XYZ) Director Anthony Eisen sold 6,000 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $77.30, for a total transaction of $463,800.00. Following the sale, the director owned 1,446,672 shares of the company’s stock, valued at $111,827,745.60. This trade represents a 0.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, September 4th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.51, for a total transaction of $495,060.00.
• On Monday, August 31st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.58, for a total transaction of $495,480.00.
• On Friday, August 28th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $85.12, for a total transaction of $510,720.00.
• On Wednesday, August 26th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.00, for a total value of $492,000.00.
• On Monday, August 24th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.48, for a total value of $488,880.00.
• On Friday, August 21st, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $80.04, for a total value of $480,240.00.
• On Wednesday, August 19th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.55, for a total value of $477,300.00.
• On Monday, August 17th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.63, for a total value of $489,780.00.
• On Friday, August 14th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.87, for a total value of $497,220.00.
• On Wednesday, August 12th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.62, for a total transaction of $471,720.00.

Block Stock Down 0.6%

Shares of NYSE:XYZ opened at $82.83 on Friday. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.26. The firm has a market cap of $49.76 billion, a P/E ratio of 147.91, a P/E/G ratio of 0.87 and a beta of 2.52. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $86.92. The company’s 50-day moving average price is $80.35 and its two-hundred day moving average price is $71.08.

Block (NYSE:XYZ) last announced its earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.54. Block had a net margin of 1.43% and a return on equity of 8.10%. The company had revenue of $6.62 billion for the quarter. During the same quarter in the previous year, the company posted $0.62 earnings per share. Block’s revenue for the quarter was up 9.3% on a year-over-year basis. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. As a group, research analysts forecast that Block, Inc. will post 2.72 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on the company. Robert W. Baird set a $105.00 price objective on Block in a research report on Thursday, August 6th. Oppenheimer reaffirmed an “outperform” rating and set a $97.00 price target on shares of Block in a research note on Thursday, August 6th. Craig Hallum started coverage on Block in a report on Tuesday, June 30th. They issued a “buy” rating on the stock. UBS Group lifted their price objective on Block from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Keefe, Bruyette & Woods boosted their price objective on Block from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $95.42.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Allstate Corp raised its holdings in Block by 91.9% in the fourth quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock worth $2,557,000 after purchasing an additional 18,812 shares during the period. National Pension Service grew its holdings in shares of Block by 8.4% in the 4th quarter. National Pension Service now owns 833,124 shares of the technology company’s stock valued at $54,228,000 after buying an additional 64,674 shares during the period. Hsbc Holdings PLC increased its position in shares of Block by 7.2% in the 4th quarter. Hsbc Holdings PLC now owns 1,223,824 shares of the technology company’s stock valued at $79,749,000 after buying an additional 82,446 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Block in the 2nd quarter valued at $366,000. Finally, Mawer Investment Management Ltd. acquired a new stake in Block during the 4th quarter worth $3,062,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

Block Company Profile

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.