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 company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $82.00, for a total value of $492,000.00. Following the sale, the director owned 1,476,672 shares of the company’s stock, valued at $121,087,104. This trade represents a 0.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Monday, August 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.48, for a total value of $488,880.00.
• On Friday, August 21st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $80.04, for a total transaction of $480,240.00.
• On Wednesday, August 19th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.55, for a total transaction of $477,300.00.
• On Monday, August 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $81.63, for a total transaction of $489,780.00.
• 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 transaction of $497,220.00.
• On Wednesday, August 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.62, for a total transaction of $471,720.00.
• On Monday, August 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.47, for a total transaction of $470,820.00.
• On Thursday, August 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $83.07, for a total transaction of $498,420.00.
• On Wednesday, August 5th, Anthony Mathew Eisen sold 41,000 shares of Block stock. The shares were sold at an average price of $85.85, for a total transaction 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.

Block Stock Performance

Shares of XYZ stock opened at $84.89 on Friday. The business’s fifty day simple moving average is $79.46 and its 200-day simple moving average is $69.99. The company has a market cap of $51.00 billion, a PE ratio of 151.59, a PEG ratio of 0.93 and a beta of 2.53. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.26. Block, Inc. has a 12-month low of $48.21 and a 12-month high of $86.92.

Block (NYSE:XYZ) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.54. Block had a return on equity of 8.10% and a net margin of 1.43%.The firm had revenue of $6.62 billion during the quarter. During the same period in the previous year, the business earned $0.62 EPS. 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. Analysts expect that Block, Inc. will post 2.69 earnings per share for the current fiscal year.

Analyst Ratings Changes

XYZ has been the topic of a number of research analyst reports. Cantor Fitzgerald restated an “overweight” rating and set a $95.00 price target on shares of Block in a research note on Thursday, August 6th. Keefe, Bruyette & Woods increased their price objective on shares of Block from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. KeyCorp lifted their target price on shares of Block from $105.00 to $108.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Piper Sandler boosted their target price on shares of Block from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, UBS Group upped their price target on shares of Block from $92.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.84.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Baird Financial Group Inc. acquired a new position in Block in the 2nd quarter worth approximately $1,866,000. Brown Advisory Inc. purchased a new position in Block during the 2nd quarter worth approximately $516,000. Jump Financial LLC acquired a new stake in Block during the 2nd quarter valued at approximately $385,000. Federated Hermes Inc. acquired a new stake in Block during the 2nd quarter valued at approximately $53,000. Finally, Cerity Partners LLC purchased a new stake in shares of Block in the 2nd quarter valued at $1,861,000. 70.44% of the stock is owned by institutional investors and hedge funds.

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.