Block (NYSE:XYZ) Director Sells $488,880.00 in Stock

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $81.48, for a total value of $488,880.00. Following the sale, the director owned 1,488,672 shares in the company, valued at $121,296,994.56. This trade represents a 0.40% 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, August 21st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 stock was sold at an average price of $79.55, for a total value of $477,300.00.
• On Monday, August 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 value of $497,220.00.
• On Wednesday, August 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.62, for a total value 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 value 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 value 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 value of $489,120.00.
• On Friday, July 31st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.27, for a total value of $493,620.00.

Block Price Performance

XYZ traded down $0.79 on Monday, reaching $81.38. The company had a trading volume of 4,068,129 shares, compared to its average volume of 4,955,299. Block, Inc. has a one year low of $48.21 and a one year high of $86.75. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $48.89 billion, a P/E ratio of 145.31, a PEG ratio of 0.92 and a beta of 2.53. The company has a fifty day moving average of $78.89 and a 200-day moving average of $69.40.

Block (NYSE:XYZ) last announced its earnings results on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.48 by $0.54. The firm had revenue of $6.62 billion for the quarter. Block had a return on equity of 8.10% and a net margin of 1.43%.Block’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous 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 research analysts anticipate that Block, Inc. will post 2.69 earnings per share for the current year.

Institutional Trading of Block

Large investors have recently made changes to their positions in the company. Raiffeisen Bank International AG lifted its holdings in Block by 0.3% in the second quarter. Raiffeisen Bank International AG now owns 44,901 shares of the technology company’s stock valued at $3,503,000 after acquiring an additional 148 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Block by 33.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 707 shares of the technology company’s stock valued at $46,000 after buying an additional 179 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Block by 3.7% in the fourth quarter. Merit Financial Group LLC now owns 5,270 shares of the technology company’s stock worth $343,000 after acquiring an additional 188 shares during the last quarter. Avior Wealth Management LLC grew its holdings in shares of Block by 3.3% during the second quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company’s stock worth $462,000 after buying an additional 193 shares in the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA grew its stake in Block by 33.3% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 800 shares of the technology company’s stock valued at $58,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 70.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on XYZ shares. Wall Street Zen raised Block from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Susquehanna boosted their target price on Block from $90.00 to $100.00 and gave the stock a “positive” rating in a report on Thursday, August 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $95.00 price target on shares of Block in a research report on Thursday, August 6th. BMO Capital Markets increased their price objective on shares of Block from $78.00 to $85.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Citigroup upped their target price on shares of Block from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.23.

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.