Insider Selling: Block (NYSE:XYZ) Director Sells $473,460.00 in Stock

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $78.91, for a total value of $473,460.00. Following the transaction, the director directly owned 1,844,672 shares of the company’s stock, valued at $145,563,067.52. This trade represents a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 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 value of $470,100.00.
• 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 stock was 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 shares were 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.
• 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 transaction 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 transaction 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 transaction of $445,680.00.
• On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.10, for a total transaction of $444,600.00.

Block Trading Up 2.3%

Shares of NYSE:XYZ opened at $81.86 on Thursday. The company has a market cap of $48.72 billion, a PE ratio of 63.95, a P/E/G ratio of 1.01 and a beta of 2.54. The company’s 50-day moving average price is $73.43 and its 200 day moving average price is $66.42. Block, Inc. has a fifty-two week low of $48.21 and a fifty-two week high of $84.08. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.26.

Block (NYSE:XYZ) last posted its 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 firm had revenue of $6.06 billion during the quarter. During the same quarter last year, the company posted $0.56 EPS. Block’s revenue for the quarter 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. Sell-side analysts anticipate that Block, Inc. will post 2.48 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of XYZ. Sound Income Strategies LLC lifted its holdings in Block by 57.1% in the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock valued at $29,000 after acquiring an additional 161 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in shares of Block by 301.0% in the 2nd 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 last quarter. Global Assets Advisory LLC acquired a new position in shares of Block in the 1st quarter worth approximately $31,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Block in the 4th quarter worth approximately $32,000. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in shares of Block by 57.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock worth $40,000 after purchasing an additional 223 shares in the last quarter. Institutional investors own 70.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on XYZ. Piper Sandler upgraded Block from an “underweight” rating to an “overweight” rating and raised their target price for the company from $58.00 to $100.00 in a research report on Monday, June 29th. Jefferies Financial Group began coverage on Block in a research report on Tuesday, June 30th. They set a “hold” rating for the company. Weiss Ratings raised Block from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 1st. Barclays initiated coverage on Block in a report on Tuesday, July 7th. They set an “overweight” rating and a $100.00 price target on the stock. Finally, The Goldman Sachs Group raised shares of Block from a “buy” rating to a “buy” rating in a report on Tuesday, June 30th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $87.91.

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.