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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $66.64, for a total transaction of $399,840.00. Following the completion of the transaction, the director directly owned 1,990,990 shares in the company, valued at $132,679,573.60. This represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 shares were 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 Stock Performance

Shares of XYZ opened at $69.26 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99. The stock has a market capitalization of $41.22 billion, a P/E ratio of 54.11, a P/E/G ratio of 0.86 and a beta of 2.56. The company’s fifty day moving average is $69.00 and its two-hundred day moving average is $64.31. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $82.50.

Block (NYSE:XYZ) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.55. The company had revenue of $6.06 billion for the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 earnings per share. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. On average, sell-side analysts predict that Block, Inc. will post 2.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on XYZ shares. BMO Capital Markets started coverage on shares of Block in a research note on Tuesday, April 21st. They set a “market perform” rating and a $74.00 price target on the stock. Wall Street Zen raised shares of Block from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Block in a research note on Friday, May 8th. Royal Bank Of Canada upped their price target on shares of Block from $90.00 to $93.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Morgan Stanley upped their price target on shares of Block from $96.00 to $98.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $85.42.

Hedge Funds Weigh In On Block

A number of institutional investors and hedge funds have recently made changes to their positions in XYZ. Cary Street Partners Investment Advisory LLC acquired a new stake in Block in the 3rd quarter valued at about $28,000. Sound Income Strategies LLC grew its stake in Block by 57.1% in the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock valued at $29,000 after acquiring an additional 161 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in Block in the 1st quarter valued at about $31,000. Rachor Investment Advisory Services LLC acquired a new stake in Block in the 4th quarter valued at about $32,000. Finally, Rothschild Investment LLC grew its stake in Block by 59.7% in the 3rd quarter. Rothschild Investment LLC now owns 495 shares of the technology company’s stock valued at $36,000 after acquiring an additional 185 shares during the last quarter. 70.44% of the stock is owned by institutional investors and hedge funds.

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.