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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $78.93, for a total value of $473,580.00. Following the transaction, the director directly owned 1,922,672 shares in the company, valued at approximately $151,756,500.96. This represents a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 Friday, June 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 shares were 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 shares were 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 stock was 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 stock was 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 shares were sold at an average price of $69.78, for a total transaction of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $66.64, for a total transaction 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 transaction of $409,320.00.
• On Thursday, June 4th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $70.84, for a total transaction of $425,040.00.
• On Monday, June 1st, Anthony Mathew Eisen sold 135,750 shares of Block stock. The shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Trading Down 2.5%

Shares of Block stock opened at $76.04 on Wednesday. Block, Inc. has a 52-week low of $48.21 and a 52-week high of $82.50. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.26. The company’s 50-day simple moving average is $71.84 and its 200-day simple moving average is $65.37. The firm has a market cap of $45.26 billion, a price-to-earnings ratio of 59.41, a price-to-earnings-growth ratio of 0.99 and a beta of 2.56.

Block (NYSE:XYZ) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.55. The firm had revenue of $6.06 billion during the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. Block’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.56 EPS. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. As a group, equities research analysts anticipate that Block, Inc. will post 2.47 earnings per share for the current year.

Hedge Funds Weigh In On Block

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. purchased a new position in shares of Block in the second quarter valued at $535,305,000. Norges Bank purchased a new stake in shares of Block in the 4th quarter worth about $484,387,000. Capital World Investors boosted its position in shares of Block by 192.7% in the 3rd quarter. Capital World Investors now owns 11,296,224 shares of the technology company’s stock worth $816,378,000 after buying an additional 7,436,380 shares in the last quarter. Viking Global Investors LP acquired a new stake in Block in the 2nd quarter valued at about $368,213,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Block by 528.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,309,296 shares of the technology company’s stock valued at $199,153,000 after acquiring an additional 2,782,523 shares during the last quarter. 70.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XYZ has been the topic of a number of analyst reports. HSBC upgraded Block from a “hold” rating to a “buy” rating and lifted their price target for the company from $70.00 to $77.00 in a research note on Tuesday, March 3rd. Citigroup downgraded Block from a “buy” rating to an “underperform” rating in a report on Tuesday. Rothschild & Co Redburn upgraded shares of Block from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $45.00 to $55.00 in a research report on Wednesday, March 18th. Canaccord Genuity Group upped their price target on shares of Block from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Jefferies Financial Group started coverage on shares of Block in a report on Tuesday. They issued a “hold” rating for the company. Four 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 issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $85.09.

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.