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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of Block stock in a transaction on Friday, June 12th. The stock was sold at an average price of $69.78, for a total transaction of $418,680.00. Following the completion of the transaction, the director owned 1,978,990 shares in the company, valued at approximately $138,093,922.20. The trade was a 0.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 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 transaction of $433,560.00.
• 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 stock was 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 transaction of $10,426,957.50.

Block Price Performance

Shares of NYSE:XYZ opened at $74.23 on Tuesday. The stock has a market cap of $44.18 billion, a PE ratio of 57.99, a PEG ratio of 0.90 and a beta of 2.56. Block, Inc. has a 52 week low of $48.21 and a 52 week high of $82.50. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.26. The company’s fifty day moving average is $69.49 and its 200 day moving average is $64.44.

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 business 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%. Block’s revenue was up 4.9% on a year-over-year basis. During the same period last year, the business 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. Research analysts anticipate that Block, Inc. will post 2.42 earnings per share for the current year.

Institutional Investors Weigh In On Block

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Block by 23.1% during the third quarter. Vanguard Group Inc. now owns 67,626,485 shares of the technology company’s stock worth $4,887,366,000 after acquiring an additional 12,709,824 shares in the last quarter. Capital World Investors boosted its stake in Block by 41.8% during the fourth quarter. Capital World Investors now owns 16,023,441 shares of the technology company’s stock worth $1,042,966,000 after acquiring an additional 4,727,217 shares in the last quarter. Geode Capital Management LLC boosted its stake in Block by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 14,406,899 shares of the technology company’s stock worth $934,121,000 after acquiring an additional 67,560 shares in the last quarter. Sands Capital Management LLC boosted its stake in Block by 12.2% during the third quarter. Sands Capital Management LLC now owns 11,603,057 shares of the technology company’s stock worth $838,553,000 after acquiring an additional 1,262,317 shares in the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in Block during the second quarter worth about $535,305,000. Institutional investors own 70.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on XYZ. Zacks Research raised shares of Block from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. Keefe, Bruyette & Woods raised their price target on shares of Block from $85.00 to $90.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Loop Capital began coverage on shares of Block in a report on Tuesday, March 31st. They issued a “buy” rating and a $75.00 price target on the stock. Royal Bank Of Canada raised their price target on shares of Block from $90.00 to $93.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Block in a report on Friday, May 8th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Block presently has an average rating of “Moderate Buy” and a consensus price target of $85.42.

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.