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 the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $76.40, for a total transaction of $458,400.00. Following the sale, the director owned 1,910,672 shares in the company, valued at approximately $145,975,340.80. This trade represents a 0.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 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 transaction of $2,873,880.00.
• 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.
• 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 stock was 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 value 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 value of $444,600.00.
• On Monday, June 15th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $72.26, for a total value 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 value of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $66.64, for a total value of $399,840.00.
• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $68.22, for a total value of $409,320.00.

Block Stock Performance

XYZ stock opened at $78.71 on Friday. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $82.50. The stock has a market capitalization of $46.85 billion, a price-to-earnings ratio of 61.50, a PEG ratio of 0.98 and a beta of 2.54. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99. The stock’s fifty day moving average is $72.04 and its two-hundred day moving average is $65.56.

Block (NYSE:XYZ) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.30 by $0.55. Block had a net margin of 3.30% and a return on equity of 7.02%. The business had revenue of $6.06 billion during the quarter. During the same quarter in the prior year, the company posted $0.56 EPS. The firm’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, research analysts predict that Block, Inc. will post 2.48 EPS for the current year.

Institutional Investors Weigh In On Block

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XYZ. Sound Income Strategies LLC boosted its stake in shares of Block by 57.1% during the fourth quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock valued at $29,000 after purchasing an additional 161 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Block by 33.9% in 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 stake in shares of Block by 3.7% in 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. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in Block by 33.3% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 800 shares of the technology company’s stock valued at $58,000 after buying an additional 200 shares during the last quarter. Finally, Carson Advisory Inc. raised its holdings in Block by 2.6% in the 1st quarter. Carson Advisory Inc. now owns 8,035 shares of the technology company’s stock valued at $484,000 after buying an additional 200 shares during the last quarter. Institutional investors own 70.44% of the company’s stock.

Analyst Upgrades and Downgrades

XYZ has been the topic of a number of recent analyst reports. Citigroup cut Block from a “buy” rating to an “underperform” rating in a report on Tuesday. Bank of America cut their target price on Block from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft raised Block to a “buy” rating in a research note on Tuesday. Weiss Ratings raised Block from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 1st. Finally, Truist Financial lifted their price objective on shares of Block from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Four research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.56.

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.