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 Block stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $79.13, for a total transaction of $474,780.00. Following the completion of the sale, the director owned 1,679,672 shares of the company’s stock, valued at $132,912,445.36. This trade represents a 0.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 Monday, July 20th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.90, for a total value of $473,400.00.
• On Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.35, for a total value of $470,100.00.
• On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.91, for a total value of $473,460.00.
• On Wednesday, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.66, for a total value of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.77, for a total value of $472,620.00.
• 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 Wednesday, July 1st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.40, for a total value of $458,400.00.
• On Monday, June 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.93, for a total transaction 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 transaction 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 transaction of $444,060.00.

Block Stock Up 1.4%

Shares of XYZ stock traded up $1.16 during trading on Tuesday, reaching $82.40. The company’s stock had a trading volume of 1,284,158 shares, compared to its average volume of 6,857,843. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99. The company has a market capitalization of $49.05 billion, a price-to-earnings ratio of 64.31, a P/E/G ratio of 0.97 and a beta of 2.54. The stock’s 50-day moving average price is $74.65 and its 200 day moving average price is $67.14. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $84.08.

Block (NYSE:XYZ) last released its earnings results 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. Block had a net margin of 3.30% and a return on equity of 7.02%. The company had revenue of $6.06 billion for the quarter. During the same quarter last year, the company earned $0.56 earnings per share. Block’s quarterly revenue was up 4.9% compared to the same quarter last year. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. On average, research analysts anticipate that Block, Inc. will post 2.48 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Citigroup lifted their target price on Block from $100.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Keefe, Bruyette & Woods increased their price target on Block from $85.00 to $90.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft upgraded Block to a “buy” rating in a research note on Tuesday, June 30th. Jefferies Financial Group began coverage on shares of Block in a research note on Tuesday, June 30th. They set a “hold” rating on the stock. Finally, William Blair cut shares of Block to a “market perform” rating in a report on Tuesday, June 30th. Four research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $89.84.

Institutional Investors Weigh In On Block

Several hedge funds and other institutional investors have recently made changes to their positions in XYZ. Baird Financial Group Inc. purchased a new position in Block in the second quarter valued at approximately $1,866,000. Brown Advisory Inc. purchased a new stake in shares of Block during the 2nd quarter worth approximately $516,000. Jump Financial LLC purchased a new stake in shares of Block during the 2nd quarter worth approximately $385,000. Federated Hermes Inc. acquired a new position in shares of Block in the 2nd quarter valued at $53,000. Finally, Cerity Partners LLC purchased a new position in shares of Block in the 2nd quarter valued at $1,861,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

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.