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 on Wednesday, July 1st. The stock was sold at an average price of $76.40, for a total value of $458,400.00. Following the completion of the transaction, the director directly owned 1,910,672 shares in the company, valued at approximately $145,975,340.80. This represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Mathew Eisen also recently made the following trade(s):

• On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The shares were sold at an average price of $79.83, for a total value of $2,873,880.00.
• 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 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 stock was 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 shares were 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 shares were 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 stock was 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 stock was 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.

Block Price Performance

Shares of NYSE:XYZ opened at $78.71 on Friday. The company has a market capitalization of $46.85 billion, a P/E ratio of 61.50, a P/E/G ratio of 1.00 and a beta of 2.54. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $82.50. The firm’s 50 day simple moving average is $72.16 and its two-hundred day simple moving average is $65.65. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99.

Block (NYSE:XYZ) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping 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%. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the company earned $0.56 earnings per share. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Research analysts expect that Block, Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on XYZ. Rothschild & Co Redburn upgraded Block from a “sell” rating to a “neutral” rating and increased their price target for the stock from $45.00 to $55.00 in a research note on Wednesday, March 18th. Weiss Ratings raised Block from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft raised Block to a “buy” rating in a research note on Tuesday. Needham & Company LLC lifted their target price on Block from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Keefe, Bruyette & Woods lifted their target price on Block from $85.00 to $90.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Four research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $87.56.

Institutional Trading of Block

A number of institutional investors and hedge funds have recently bought and sold shares of XYZ. Sound Income Strategies LLC lifted its stake in Block by 57.1% in the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock worth $29,000 after purchasing an additional 161 shares in the last quarter. Rachor Investment Advisory Services LLC purchased a new position in shares of Block during the fourth quarter valued at about $32,000. Global Assets Advisory LLC purchased a new position in shares of Block during the first quarter valued at about $31,000. EverSource Wealth Advisors LLC increased its holdings in shares of Block by 59.0% in the third quarter. EverSource Wealth Advisors LLC now owns 528 shares of the technology company’s stock worth $38,000 after purchasing an additional 196 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in shares of Block by 57.6% in the fourth 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 during the last quarter. 70.44% of the stock is currently owned by institutional investors.

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.