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 Block stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $82.27, for a total value of $493,620.00. Following the transaction, the director owned 1,619,672 shares of the company’s stock, valued at $133,250,415.44. This represents a 0.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 Monday, August 3rd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.52, for a total value of $489,120.00.
• On Wednesday, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.22, for a total value of $493,320.00.
• On Monday, July 27th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 shares were 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 stock was sold at an average price of $76.66, for a total transaction of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.77, for a total transaction 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 transaction of $2,873,880.00.

Block Stock Performance

Block stock traded up $0.77 during trading hours on Monday, hitting $82.01. The company had a trading volume of 4,278,711 shares, compared to its average volume of 6,816,483. The firm has a 50-day moving average of $75.70 and a 200 day moving average of $67.48. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99. The firm has a market cap of $48.81 billion, a PE ratio of 64.07, a PEG ratio of 1.02 and a beta of 2.54. Block, Inc. has a one year low of $48.21 and a one year high of $84.08.

Block (NYSE:XYZ) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm earned $0.56 EPS. The company’s revenue was up 4.9% on a year-over-year basis. 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 expect that Block, Inc. will post 2.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Barclays assumed coverage on Block in a research note on Tuesday, July 7th. They issued an “overweight” rating and a $100.00 price target for the company. Deutsche Bank Aktiengesellschaft upgraded Block to a “buy” rating in a research report on Tuesday, June 30th. Rosenblatt Securities set a $100.00 target price on shares of Block in a research report on Tuesday, June 30th. William Blair downgraded shares of Block to a “market perform” rating in a research note on Tuesday, June 30th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Block from $85.00 to $90.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $89.58.

Hedge Funds Weigh In On Block

Hedge funds have recently added to or reduced their stakes in the stock. Baird Financial Group Inc. acquired a new stake in shares of Block during the 2nd quarter worth $1,866,000. Brown Advisory Inc. acquired a new position in Block in the second quarter valued at about $516,000. Jump Financial LLC bought a new stake in Block during the second quarter worth about $385,000. Federated Hermes Inc. bought a new stake in Block during the second quarter worth about $53,000. Finally, Cerity Partners LLC acquired a new stake in Block during the second quarter worth about $1,861,000. Institutional investors own 70.44% of the company’s stock.

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.