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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $74.80, for a total value of $448,800.00. Following the transaction, the director directly owned 1,928,672 shares in the company, valued at approximately $144,264,665.60. The trade was a 0.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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 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 value of $473,580.00.
• 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 transaction of $444,060.00.
• On Monday, June 22nd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.28, for a total transaction of $445,680.00.
• On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.10, for a total transaction of $444,600.00.
• On Monday, June 15th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $72.26, for a total transaction of $433,560.00.
• On Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $69.78, for a total transaction of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $66.64, for a total transaction of $399,840.00.
• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $68.22, for a total transaction 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 value of $10,426,957.50.

Block Stock Down 0.0%

Shares of NYSE XYZ opened at $77.81 on Tuesday. The stock has a market cap of $46.31 billion, a P/E ratio of 60.79, a PEG ratio of 0.99 and a beta of 2.56. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. Block, Inc. has a 12-month low of $48.21 and a 12-month high of $82.50. The business’s fifty day simple moving average is $71.74 and its 200-day simple moving average is $65.28.

Block (NYSE:XYZ) last released its earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.55. Block had a return on equity of 7.02% and a net margin of 3.30%.The firm had revenue of $6.06 billion during the quarter. During the same quarter last year, the business posted $0.56 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. As a group, equities analysts predict that Block, Inc. will post 2.47 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on XYZ shares. HSBC raised Block from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $70.00 to $77.00 in a research report on Tuesday, March 3rd. Royal Bank Of Canada raised their target price on shares of Block from $90.00 to $93.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Zacks Research upgraded shares of Block from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 10th. Oppenheimer reiterated an “outperform” rating and set a $91.00 price target on shares of Block in a report on Friday, May 8th. Finally, Arete Research raised shares of Block from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $86.70.

Hedge Funds Weigh In On Block

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Baird Financial Group Inc. purchased a new position in Block in the second quarter valued at approximately $1,866,000. Brown Advisory Inc. purchased a new stake in shares of Block during the 2nd quarter worth approximately $516,000. Jump Financial LLC acquired a new position in shares of Block in the 2nd quarter valued at $385,000. Federated Hermes Inc. acquired a new position in shares of Block in the 2nd quarter valued at $53,000. Finally, Cerity Partners LLC acquired a new position in shares of Block in the 2nd quarter valued at $1,861,000. 70.44% of the stock is owned by institutional investors and hedge funds.

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.