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 dated Monday, June 22nd. The shares were sold at an average price of $74.28, for a total value of $445,680.00. Following the transaction, the director owned 1,952,672 shares of the company’s stock, valued at $145,044,476.16. The trade was a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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, June 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.01, for a total value of $444,060.00.
• On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.10, for a total value of $444,600.00.
• On Monday, June 15th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $72.26, for a total value of $433,560.00.
• On Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $69.78, for a total value of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $66.64, for a total value of $399,840.00.
• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $68.22, for a total value of $409,320.00.
• On Thursday, June 4th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $70.84, for a total transaction of $425,040.00.
• On Monday, June 1st, Anthony Mathew Eisen sold 135,750 shares of Block stock. The stock was sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Price Performance

NYSE:XYZ opened at $74.11 on Friday. 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 50 day moving average price of $71.36 and a 200-day moving average price of $65.05. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $82.50. The firm has a market cap of $44.11 billion, a price-to-earnings ratio of 57.90, a price-to-earnings-growth ratio of 0.98 and a beta of 2.56.

Block (NYSE:XYZ) last announced its quarterly 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. The firm had revenue of $6.06 billion for the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the company posted $0.56 earnings per share. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Equities research analysts forecast that Block, Inc. will post 2.42 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on XYZ. Bank of America lowered their target price on shares of Block from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Raymond James Financial raised Block to a “moderate buy” rating in a report on Friday, February 27th. Truist Financial increased their price target on Block from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Keefe, Bruyette & Woods increased their price target on Block from $85.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Arete Research raised Block from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 3rd. Four analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Block currently has a consensus rating of “Moderate Buy” and an average price target of $85.42.

Institutional Trading of Block

Several institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. purchased a new position in Block in the 2nd quarter valued at about $535,305,000. Norges Bank purchased a new stake in Block during the 4th quarter worth approximately $484,387,000. Capital World Investors raised its holdings in shares of Block by 192.7% during the third quarter. Capital World Investors now owns 11,296,224 shares of the technology company’s stock valued at $816,378,000 after acquiring an additional 7,436,380 shares during the last quarter. Viking Global Investors LP acquired a new position in shares of Block during the second quarter valued at approximately $368,213,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Block by 528.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,309,296 shares of the technology company’s stock valued at $199,153,000 after acquiring an additional 2,782,523 shares in the last quarter. Institutional investors and hedge funds own 70.44% of the company’s stock.

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.