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, August 21st. The stock was sold at an average price of $80.04, for a total transaction of $480,240.00. Following the completion of the transaction, the director directly owned 1,494,672 shares in the company, valued at approximately $119,633,546.88. The trade was a 0.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 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, August 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.48, for a total transaction of $488,880.00.
• On Wednesday, August 19th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.55, for a total transaction 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 transaction of $497,220.00.
• On Wednesday, August 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 shares were 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 stock was sold at an average price of $85.85, for a total value of $3,519,850.00.
• On Monday, August 3rd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.52, for a total transaction 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 transaction of $493,620.00.

Block Stock Up 1.7%

XYZ stock opened at $82.73 on Wednesday. Block, Inc. has a one year low of $48.21 and a one year high of $86.75. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.21. The firm’s fifty day moving average is $79.05 and its 200 day moving average is $69.58. The firm has a market cap of $49.70 billion, a PE ratio of 147.72, a P/E/G ratio of 0.91 and a beta of 2.53.

Block (NYSE:XYZ) last issued its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.54. Block had a net margin of 1.43% and a return on equity of 8.10%. The business had revenue of $6.62 billion during the quarter. During the same quarter last year, the company posted $0.62 EPS. The company’s revenue was up 9.3% on a year-over-year basis. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. On average, research analysts forecast that Block, Inc. will post 2.69 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on XYZ. Canaccord Genuity Group increased their price target on Block from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. TD Cowen boosted their price objective on Block from $101.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Wolfe Research upped their target price on Block from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday. UBS Group increased their target price on Block from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Monness Crespi & Hardt increased their target price on Block from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $95.84.

Hedge Funds Weigh In On Block

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Allstate Corp raised its stake in Block by 91.9% in the 4th quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock valued at $2,557,000 after purchasing an additional 18,812 shares during the last quarter. National Pension Service grew its holdings in shares of Block by 8.4% during the fourth quarter. National Pension Service now owns 833,124 shares of the technology company’s stock worth $54,228,000 after buying an additional 64,674 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of Block by 7.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,223,824 shares of the technology company’s stock worth $79,749,000 after buying an additional 82,446 shares in the last quarter. Mawer Investment Management Ltd. acquired a new stake in shares of Block in the fourth quarter valued at about $3,062,000. Finally, Eurizon Asset Management Hungary Ltd. acquired a new stake in shares of Block in the fourth quarter valued at about $976,000. Hedge funds and other institutional investors 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.