Block, Inc. (NYSE:XYZ – Get Free Report) Director Anthony Eisen sold 6,000 shares of the stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $74.44, for a total value of $446,640.00. Following the sale, the director owned 1,212,672 shares of the company’s stock, valued at $90,271,303.68. This trade represents a 0.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 26th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.76, for a total value of $454,560.00.
- On Friday, October 23rd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $77.84, for a total value of $467,040.00.
- On Wednesday, October 21st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.07, for a total value of $474,420.00.
- On Monday, October 19th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.58, for a total value 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 value of $482,580.00.
- On Wednesday, October 14th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.70, for a total value of $454,200.00.
- On Monday, October 12th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.97, for a total value 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 value of $454,500.00.
- On Wednesday, October 7th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.35, for a total value of $452,100.00.
- On Monday, October 5th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.24, for a total value of $445,440.00.
Block Price Performance
NYSE XYZ opened at $76.96 on Friday. The stock’s 50-day moving average price is $78.08 and its two-hundred day moving average price is $71.05. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.26. The company has a market cap of $46.24 billion, a PE ratio of 25.76, a PEG ratio of 0.79 and a beta of 2.55. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $86.92.
Block (NYSE:XYZ – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, beating 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 company had revenue of $6.62 billion during the quarter. During the same period in the prior year, the company posted $0.62 earnings per share. Block’s quarterly revenue 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. On average, analysts predict that Block, Inc. will post 2.75 EPS for the current year.
Hedge Funds Weigh In On Block
A number of large investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC boosted its holdings in shares of Block by 301.0% during the second 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. Global Assets Advisory LLC acquired a new position in Block in the 1st quarter valued at approximately $31,000. Ancora Advisors LLC acquired a new position in Block in the 2nd quarter valued at approximately $53,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Block by 1,033.3% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 918 shares of the technology company’s stock valued at $55,000 after buying an additional 837 shares during the period. Finally, Meeder Asset Management Inc. purchased a new stake in Block in the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 70.44% of the company’s stock.
Wall Street Analyst Weigh In
XYZ has been the subject of a number of recent analyst reports. Monness Crespi & Hardt raised their price objective on shares of Block from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Zacks Research downgraded shares of Block from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Clear Str raised shares of Block to a “hold” rating in a research note on Thursday, July 16th. Argus increased their target price on Block from $86.00 to $103.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Susquehanna raised their target price on Block from $90.00 to $100.00 and gave the stock a “positive” rating in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Block currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.61.
Check Out Our Latest Analysis on XYZ
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.
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