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

Block, Inc. (NYSE:XYZ) Director Anthony Eisen sold 6,000 shares of the company’s stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of $79.07, for a total transaction of $474,420.00. Following the completion of the sale, the director directly owned 1,242,672 shares of the company’s stock, valued at $98,258,075.04. The trade was a 0.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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, October 19th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.58, for a total transaction of $471,480.00.
• On Friday, October 16th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $80.43, for a total transaction of $482,580.00.
• On Wednesday, October 14th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.70, for a total transaction of $454,200.00.
• On Monday, October 12th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.97, for a total transaction of $461,820.00.
• On Friday, October 9th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.75, for a total transaction of $454,500.00.
• On Wednesday, October 7th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.35, for a total transaction of $452,100.00.
• On Monday, October 5th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.24, for a total value of $445,440.00.
• On Friday, October 2nd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.61, for a total value of $453,660.00.
• On Wednesday, September 30th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.33, for a total transaction of $445,980.00.
• On Monday, September 28th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.20, for a total transaction of $451,200.00.

Block Price Performance

NYSE XYZ traded up $0.77 on Thursday, reaching $78.98. The company’s stock had a trading volume of 3,838,502 shares, compared to its average volume of 6,149,203. Block, Inc. has a twelve month low of $48.21 and a twelve month high of $86.92. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.21. The firm’s 50 day moving average is $78.72 and its two-hundred day moving average is $75.39. The stock has a market cap of $47.45 billion, a PE ratio of 141.03, a PEG ratio of 0.81 and a beta of 2.55.

Block (NYSE:XYZ) last released its earnings results on Wednesday, August 5th. The technology company reported $1.02 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 business had revenue of $6.62 billion for the quarter. During the same quarter in the previous year, the firm earned $0.62 earnings per share. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. 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, sell-side analysts predict that Block, Inc. will post 2.75 EPS for the current year.

Analysts Set New Price Targets

XYZ has been the topic of several analyst reports. BTIG Research reissued a “buy” rating and issued a $100.00 target price on shares of Block in a research report on Friday, September 25th. Deutsche Bank Aktiengesellschaft upgraded shares of Block to a “buy” rating in a report on Tuesday, June 30th. William Blair downgraded Block to a “market perform” rating in a report on Tuesday, June 30th. Needham & Company LLC increased their target price on Block from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $95.00 target price on shares of Block in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $96.06.

Institutional Investors Weigh In On Block

Large investors have recently modified their holdings of the stock. NovaPoint Capital LLC raised its stake in Block by 3.9% during the third quarter. NovaPoint Capital LLC now owns 3,630 shares of the technology company’s stock worth $267,000 after acquiring an additional 137 shares in the last quarter. Raiffeisen Bank International AG increased its holdings in shares of Block by 0.3% in the second quarter. Raiffeisen Bank International AG now owns 44,901 shares of the technology company’s stock valued at $3,503,000 after purchasing an additional 148 shares in the last quarter. Crossmark Global Holdings Inc. raised its position in shares of Block by 1.5% during the third quarter. Crossmark Global Holdings Inc. now owns 11,888 shares of the technology company’s stock worth $874,000 after acquiring an additional 175 shares during the last quarter. Avior Wealth Management LLC raised its holdings in Block by 3.3% during the 2nd quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company’s stock worth $462,000 after purchasing an additional 193 shares during the last quarter. Finally, Carson Advisory Inc. lifted its position in Block by 2.6% during the 1st quarter. Carson Advisory Inc. now owns 8,035 shares of the technology company’s stock valued at $484,000 after purchasing an additional 200 shares during the period. 70.44% of the stock is currently owned by institutional investors.

Block Company Profile

Block, Inc is a financial technology company that provides payments, commerce, and financial services through an ecosystem of business and consumer products. Formerly known as Square, the company was co-founded by Jack Dorsey and Jim McKelvey and changed its corporate name to Block in 2021.

Its Square ecosystem serves businesses with point-of-sale hardware, payment processing, invoicing, payroll, inventory management, customer engagement, online commerce, and other software tools. Block also offers lending and other financial services to eligible business customers through Square-related products.

For consumers, Block operates Cash App, a mobile financial services platform that supports services such as peer-to-peer payments, money transfers, a Cash App Card, direct deposit, investing, and bitcoin transactions, subject to product and geographic availability.