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

Block, Inc. (NYSE:XYZ) Director Anthony Eisen sold 6,000 shares of the stock in a transaction on Friday, September 18th. The stock was sold at an average price of $76.55, for a total value of $459,300.00. Following the completion of the sale, the director owned 1,380,672 shares in the company, valued at approximately $105,690,441.60. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed 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 Wednesday, September 16th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.36, for a total transaction of $470,160.00.
• On Monday, September 14th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.96, for a total transaction of $473,760.00.
• On Thursday, September 10th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.39, for a total transaction of $470,340.00.
• 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 shares were 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 transaction 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 transaction of $492,000.00.
• On Monday, August 24th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.48, for a total value of $488,880.00.

Block Stock Down 0.3%

Shares of NYSE:XYZ opened at $76.26 on Friday. Block, Inc. has a 52-week low of $48.21 and a 52-week high of $86.92. The stock has a market cap of $45.82 billion, a P/E ratio of 136.18, a price-to-earnings-growth ratio of 0.80 and a beta of 2.52. The business’s 50 day moving average is $80.59 and its 200 day moving average is $72.86. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.26.

Block (NYSE:XYZ) last released its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.48 by $0.54. Block had a return on equity of 8.10% and a net margin of 1.43%.The company had revenue of $6.62 billion for the quarter. During the same quarter in the previous year, the business earned $0.62 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. Sell-side analysts predict that Block, Inc. will post 2.74 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on XYZ shares. Needham & Company LLC upped their price objective on shares of Block from $95.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. BMO Capital Markets raised their target price on shares of Block from $78.00 to $85.00 and gave the company a “market perform” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of Block from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Piper Sandler upped their price target on shares of Block from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Benchmark upgraded shares of Block to a “strong-buy” rating in a research note on Thursday, September 10th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Block currently has a consensus rating of “Moderate Buy” and an average target price of $95.42.

Hedge Funds Weigh In On Block

A number of large investors have recently added to or reduced their stakes in XYZ. Elevation Wealth Partners LLC boosted its holdings in shares of Block by 301.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 389 shares of the technology company’s stock valued at $30,000 after buying an additional 292 shares in the last quarter. Global Assets Advisory LLC bought a new position in shares of Block during the 1st quarter worth approximately $31,000. Cary Street Partners Investment Advisory LLC lifted its position in Block by 57.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock valued at $40,000 after acquiring an additional 223 shares during the last quarter. Osbon Capital Management LLC purchased a new stake in Block during the fourth quarter valued at approximately $43,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Block by 33.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 707 shares of the technology company’s stock valued at $46,000 after acquiring an additional 179 shares in the last quarter. 70.44% of the stock is currently owned by institutional investors.

About Block

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.