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 firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $78.93, for a total value of $473,580.00. Following the sale, the director directly owned 1,922,672 shares in the company, valued at approximately $151,756,500.96. This represents a 0.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 Friday, June 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.80, for a total value of $448,800.00.
• 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 value 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 Performance

XYZ opened at $77.81 on Tuesday. The company has a market capitalization of $46.31 billion, a price-to-earnings ratio of 60.79, a P/E/G ratio of 0.99 and a beta of 2.56. The business’s 50-day moving average price is $71.74 and its two-hundred day moving average price is $65.28. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $82.50. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99.

Block (NYSE:XYZ) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.55. Block had a return on equity of 7.02% and a net margin of 3.30%.The company had revenue of $6.06 billion during the quarter. During the same period in the prior year, the company earned $0.56 earnings per share. The firm’s quarterly revenue 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. Equities analysts expect that Block, Inc. will post 2.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on XYZ shares. Piper Sandler upgraded shares of Block from an “underweight” rating to an “overweight” rating and set a $100.00 price objective on the stock in a report on Monday. Bank of America reduced their target price on shares of Block from $85.00 to $80.00 and set a “buy” rating for the company in a report on Wednesday, March 25th. Needham & Company LLC raised their target price on shares of Block from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Citigroup lifted their price target on shares of Block from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Cantor Fitzgerald lifted their price target on shares of Block from $78.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Four analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.70.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Inceptionr LLC raised its position in Block by 455.1% during the third quarter. Inceptionr LLC now owns 19,480 shares of the technology company’s stock worth $1,408,000 after acquiring an additional 15,971 shares in the last quarter. Allstate Corp lifted its stake in Block by 91.9% in the fourth quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock valued at $2,557,000 after acquiring an additional 18,812 shares during the last quarter. Moran Wealth Management LLC grew its position in shares of Block by 37.3% in the 4th quarter. Moran Wealth Management LLC now owns 57,651 shares of the technology company’s stock valued at $3,753,000 after acquiring an additional 15,670 shares during the period. National Pension Service grew its position in shares of Block by 8.4% in the 4th quarter. National Pension Service now owns 833,124 shares of the technology company’s stock valued at $54,228,000 after acquiring an additional 64,674 shares during the period. Finally, Teachers Retirement System of The State of Kentucky increased its stake in shares of Block by 42.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 134,684 shares of the technology company’s stock worth $9,734,000 after purchasing an additional 40,000 shares during 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.