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

Block, Inc. (NYSE:XYZ) Director Anthony Eisen sold 6,000 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $78.39, for a total transaction of $470,340.00. Following the sale, the director owned 1,416,672 shares of the company’s stock, valued at $111,052,918.08. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Tuesday, September 8th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.18, for a total transaction of $493,080.00.
• On Friday, September 4th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.51, for a total transaction of $495,060.00.
• On Wednesday, September 2nd, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $77.30, for a total transaction of $463,800.00.
• On Monday, August 31st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.58, for a total transaction of $495,480.00.
• On Friday, August 28th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $85.12, for a total value of $510,720.00.
• On Wednesday, August 26th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.00, for a total value of $492,000.00.
• On Monday, August 24th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $81.48, for a total value of $488,880.00.
• On Friday, August 21st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $80.04, for a total value of $480,240.00.
• On Wednesday, August 19th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.55, for a total value of $477,300.00.
• On Monday, August 17th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.63, for a total value of $489,780.00.

Block Trading Down 0.5%

Shares of Block stock traded down $0.37 during midday trading on Thursday, reaching $79.03. 3,229,648 shares of the company’s stock traded hands, compared to its average volume of 6,477,345. The stock has a 50 day moving average of $80.57 and a 200-day moving average of $71.82. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $86.92. The company has a market cap of $47.48 billion, a PE ratio of 141.12, a price-to-earnings-growth ratio of 0.85 and a beta of 2.52. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.21.

Block (NYSE:XYZ) last released its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.54. The business had revenue of $6.62 billion for the quarter. Block had a net margin of 1.43% and a return on equity of 8.10%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 EPS. 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 analysts expect that Block, Inc. will post 2.72 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of XYZ. Elevation Wealth Partners LLC grew its holdings in Block by 301.0% in 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 bought a new stake in shares of Block in the 1st quarter worth approximately $31,000. Cary Street Partners Investment Advisory LLC boosted its position 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. Osbon Capital Management LLC purchased a new stake in shares of Block in the 4th quarter worth approximately $43,000. Finally, Darwin Wealth Management LLC bought a new position in Block during the 2nd quarter valued at approximately $43,000. 70.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on XYZ. BTIG Research boosted their price target on shares of Block from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Clear Str raised Block to a “hold” rating in a research report on Thursday, July 16th. Cantor Fitzgerald reiterated an “overweight” rating and set a $95.00 target price on shares of Block in a report on Thursday, August 6th. Craig Hallum initiated coverage on Block in a research report on Tuesday, June 30th. They issued a “buy” rating for the company. Finally, Susquehanna increased 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 research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $95.42.

Block Company Profile

Block, Inc is a global technology company that develops financial services and commerce tools for businesses and consumers. Founded in 2009 as Square, the company changed its corporate name to Block in 2021 to reflect the expansion of its operations beyond seller-focused payment solutions.

Through its Square ecosystem, Block provides payment processing, point-of-sale hardware and software, business banking, invoicing, payroll, inventory management and other tools for merchants. Its consumer-focused Cash App offers services that may include peer-to-peer payments, money transfers, investing, debit-card access and bitcoin-related functionality, subject to availability and applicable regulations.

Block also owns Afterpay, a buy now, pay later platform, and has operated additional businesses involving music streaming and bitcoin infrastructure.