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

Block, Inc. (NYSE:XYZGet Free Report) Director Anthony Mathew Eisen sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $78.77, for a total value of $472,620.00. Following the sale, the director owned 1,868,672 shares of the company’s stock, valued at approximately $147,195,293.44. This trade represents a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through 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, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.66, for a total value of $459,960.00.
  • On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The stock was sold at an average price of $79.83, for a total value of $2,873,880.00.
  • On Wednesday, July 1st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.40, for a total value of $458,400.00.
  • On Monday, June 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.93, for a total value of $473,580.00.
  • On Friday, June 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.80, for a total value of $448,800.00.
  • 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 value of $444,060.00.
  • On Monday, June 22nd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.28, for a total transaction of $445,680.00.
  • 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.

Block Stock Up 1.0%

Shares of NYSE XYZ opened at $77.28 on Friday. The stock has a market cap of $46.00 billion, a PE ratio of 60.38, a P/E/G ratio of 0.97 and a beta of 2.54. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. Block, Inc. has a 12-month low of $48.21 and a 12-month high of $82.50. The company has a 50-day moving average of $72.72 and a 200 day moving average of $66.03.

Block (NYSE:XYZGet Free Report) last released its earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.55. The business 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 company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the business earned $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. As a group, sell-side analysts predict that Block, Inc. will post 2.48 EPS for the current fiscal year.

Institutional Investors Weigh In On Block

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XYZ. Elevation Wealth Partners LLC grew its holdings in shares of Block by 301.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 389 shares of the technology company’s stock worth $30,000 after purchasing an additional 292 shares during the period. Sound Income Strategies LLC raised its holdings 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 buying an additional 161 shares during the period. Rachor Investment Advisory Services LLC acquired a new position in Block in the fourth quarter valued at about $32,000. Global Assets Advisory LLC purchased a new position in Block during the first quarter worth about $31,000. Finally, Cary Street Partners Investment Advisory LLC boosted its stake in Block by 57.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock worth $40,000 after buying an additional 223 shares during the period. Hedge funds and other institutional investors own 70.44% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on XYZ. BTIG Research reissued a “buy” rating and set a $90.00 price objective on shares of Block in a research note on Friday, May 8th. Needham & Company LLC raised their target price on Block from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Truist Financial lifted their price target on Block from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Loop Capital assumed coverage on shares of Block in a research report on Tuesday, March 31st. They set a “buy” rating and a $75.00 price target on the stock. Finally, Rosenblatt Securities set a $100.00 price objective on shares of Block in a report on Tuesday, June 30th. Four analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Block currently has an average rating of “Moderate Buy” and an average target price of $87.91.

View Our Latest Research Report on Block

Key Stories Impacting Block

Here are the key news stories impacting Block this week:

  • Positive Sentiment: Block was upgraded to Zacks Rank #1 (Strong Buy), a signal that analysts see improving earnings prospects and potential near-term upside. Article Title
  • Positive Sentiment: Several Zacks momentum and value screens also added XYZ to their Strong Buy lists, reinforcing the recent bullish sentiment around the stock. Article Title
  • Positive Sentiment: Analyst commentary pointed to accelerating GPV growth in Square, suggesting Block’s merchant ecosystem is still expanding. Article Title
  • Neutral Sentiment: Insider sales by directors Brian Grassadonia and Anthony Mathew Eisen may weigh on sentiment, but the trades were disclosed as part of pre-arranged 10b5-1 plans. Article Title
  • Negative Sentiment: Block’s $45 million settlement over Cash App fraud-protection allegations could pressure the shares by keeping regulatory and reputational concerns in focus. Article Title

Block Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Block (NYSE:XYZ)

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