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 company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $78.88, for a total value of $473,280.00. Following the completion of the sale, the director directly owned 1,643,672 shares of the company’s stock, valued at approximately $129,652,847.36. This trade represents a 0.36% decrease in their ownership of the stock. The sale 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, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.22, for a total value of $493,320.00.
• 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 Friday, July 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.13, for a total value of $474,780.00.
• 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 transaction of $470,100.00.
• On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.91, for a total transaction 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 transaction of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.77, for a total transaction of $472,620.00.
• On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The stock was sold at an average price of $79.83, for a total transaction 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 transaction of $458,400.00.
• 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 transaction of $473,580.00.

Block Price Performance

Shares of XYZ opened at $82.73 on Friday. Block, Inc. has a fifty-two week low of $48.21 and a fifty-two week high of $84.08. The company has a market capitalization of $49.24 billion, a price-to-earnings ratio of 64.63, a price-to-earnings-growth ratio of 1.03 and a beta of 2.54. The firm has a 50-day simple moving average of $75.43 and a 200-day simple moving average of $67.40. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99.

Block (NYSE:XYZ) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.55. The firm had revenue of $6.06 billion for the quarter. Block had a return on equity of 7.02% and a net margin of 3.30%.The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities research analysts anticipate that Block, Inc. will post 2.48 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hyperion Asset Management Ltd increased its holdings in Block by 6.9% in the second quarter. Hyperion Asset Management Ltd now owns 2,682,854 shares of the technology company’s stock valued at $203,897,000 after buying an additional 172,848 shares in the last quarter. Tema ETFs LLC boosted its stake in shares of Block by 9.8% during the 2nd quarter. Tema ETFs LLC now owns 11,329 shares of the technology company’s stock worth $861,000 after acquiring an additional 1,015 shares in the last quarter. Arista Wealth Management LLC purchased a new stake in shares of Block during the 2nd quarter worth approximately $418,000. Everhart Financial Group Inc. grew its holdings in shares of Block by 6.4% in the 2nd quarter. Everhart Financial Group Inc. now owns 5,094 shares of the technology company’s stock worth $387,000 after acquiring an additional 306 shares during the period. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Block in the 2nd quarter worth approximately $237,000. 70.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. BMO Capital Markets boosted their target price on Block from $78.00 to $85.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Craig Hallum initiated coverage on shares of Block in a research report on Tuesday, June 30th. They issued a “buy” rating on the stock. Clear Str raised shares of Block to a “hold” rating in a research note on Thursday, July 16th. The Goldman Sachs Group upgraded shares of Block from a “buy” rating to a “buy” rating in a research report on Tuesday, June 30th. Finally, Barclays started coverage on shares of Block in a research note on Tuesday, July 7th. They issued an “overweight” rating and a $100.00 target price for the company. Four research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.84.

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.