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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $82.22, for a total transaction of $493,320.00. Following the sale, the director owned 1,631,672 shares of the company’s stock, valued at $134,156,071.84. This trade represents a 0.37% decrease in their position. The sale 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 Monday, July 27th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.88, for a total transaction of $473,280.00.
• On Monday, July 20th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.90, for a total transaction of $473,400.00.
• On Friday, July 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.13, for a total transaction of $474,780.00.
• On Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.35, for a total transaction of $470,100.00.
• On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.91, for a total transaction of $473,460.00.
• 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 Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.77, for a total value of $472,620.00.
• On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The shares were 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 shares were sold at an average price of $78.93, for a total value of $473,580.00.

Block Price Performance

Shares of NYSE:XYZ opened at $82.30 on Thursday. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. The stock has a market cap of $48.98 billion, a PE ratio of 64.30, a price-to-earnings-growth ratio of 1.05 and a beta of 2.54. The stock’s fifty day simple moving average is $75.15 and its two-hundred day simple moving average is $67.31. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $84.08.

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. The firm had revenue of $6.06 billion during the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. The business’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.56 EPS. 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, analysts forecast that Block, Inc. will post 2.48 EPS for the current fiscal year.

Analysts Set New Price Targets

XYZ has been the topic of several recent analyst reports. BTIG Research reissued a “buy” rating and set a $90.00 target price on shares of Block in a research report on Monday. Deutsche Bank Aktiengesellschaft raised Block to a “buy” rating in a research report on Tuesday, June 30th. Needham & Company LLC lifted their price target on Block from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Canaccord Genuity Group boosted their price objective on Block from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Finally, Piper Sandler upgraded Block from an “underweight” rating to an “overweight” rating and upped their price objective for the company from $58.00 to $100.00 in a research note on Monday, June 29th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Block has a consensus rating of “Moderate Buy” and an average price target of $89.84.

Institutional Trading of Block

A number of large investors have recently bought and sold shares of XYZ. Sound Income Strategies LLC grew its stake in shares of Block by 57.1% during the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock worth $29,000 after acquiring an additional 161 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Block by 33.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 707 shares of the technology company’s stock valued at $46,000 after buying an additional 179 shares during the period. Merit Financial Group LLC increased its position in shares of Block by 3.7% during the fourth quarter. Merit Financial Group LLC now owns 5,270 shares of the technology company’s stock valued at $343,000 after buying an additional 188 shares during the period. Avior Wealth Management LLC lifted its holdings in shares of Block by 3.3% in the second quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company’s stock worth $462,000 after buying an additional 193 shares in the last quarter. Finally, Carson Advisory Inc. boosted its position in shares of Block by 2.6% in the first quarter. Carson Advisory Inc. now owns 8,035 shares of the technology company’s stock valued at $484,000 after acquiring an additional 200 shares during the period. 70.44% of the stock is owned by hedge funds and other institutional investors.

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.