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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $81.63, for a total transaction of $489,780.00. Following the completion of the transaction, the director directly owned 1,518,672 shares of the company’s stock, valued at approximately $123,969,195.36. This represents a 0.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 Wednesday, August 19th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.55, for a total value of $477,300.00.
• On Friday, August 14th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.87, for a total value of $497,220.00.
• On Wednesday, August 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.62, for a total value of $471,720.00.
• On Monday, August 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.47, for a total value of $470,820.00.
• On Thursday, August 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $83.07, for a total value of $498,420.00.
• On Wednesday, August 5th, Anthony Mathew Eisen sold 41,000 shares of Block stock. The stock was sold at an average price of $85.85, for a total value of $3,519,850.00.
• On Monday, August 3rd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $81.52, for a total transaction of $489,120.00.
• On Friday, July 31st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.27, for a total transaction of $493,620.00.
• 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 transaction of $493,320.00.
• On Monday, July 27th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.88, for a total transaction of $473,280.00.

Block Stock Up 1.8%

NYSE:XYZ opened at $80.89 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.21 and a quick ratio of 2.21. The company’s fifty day moving average price is $78.27 and its 200-day moving average price is $68.94. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $86.75. The firm has a market capitalization of $48.60 billion, a P/E ratio of 144.45, a PEG ratio of 0.89 and a beta of 2.53.

Block (NYSE:XYZ) last posted its earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share (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 quarter in the prior year, the firm earned $0.62 earnings per share. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. 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, equities research analysts anticipate that Block, Inc. will post 2.69 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Baird Financial Group Inc. purchased a new stake in Block in the 2nd quarter worth $1,866,000. Brown Advisory Inc. purchased a new stake in shares of Block during the second quarter worth about $516,000. Jump Financial LLC purchased a new stake in shares of Block during the second quarter worth about $385,000. Federated Hermes Inc. acquired a new position in shares of Block during the 2nd quarter worth about $53,000. Finally, Cerity Partners LLC acquired a new position in shares of Block during the 2nd quarter worth about $1,861,000. 70.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on XYZ. TD Cowen raised their target price on Block from $101.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. The Goldman Sachs Group raised Block from a “buy” rating to a “buy” rating in a report on Tuesday, June 30th. Weiss Ratings upgraded Block from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $95.00 price objective on shares of Block in a research note on Thursday, August 6th. Finally, Barclays started coverage on shares of Block in a research note on Tuesday, July 7th. They set an “overweight” rating and a $100.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.23.

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.