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 the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $78.91, for a total value of $473,460.00. Following the sale, the director directly owned 1,844,672 shares in the company, valued at $145,563,067.52. This trade represents a 0.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through 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, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.35, for a total value of $470,100.00.
• On Wednesday, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.66, for a total value of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.77, for a total transaction of $472,620.00.
• On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The shares were sold at an average price of $79.83, for a total value of $2,873,880.00.
• On Wednesday, July 1st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.40, for a total transaction of $458,400.00.
• 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 Friday, June 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.80, for a total transaction 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 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.

Block Price Performance

XYZ stock opened at $79.98 on Wednesday. The firm has a 50 day moving average of $73.21 and a 200-day moving average of $66.31. The company has a market cap of $47.60 billion, a price-to-earnings ratio of 62.49, a PEG ratio of 1.00 and a beta of 2.54. 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.

Block (NYSE:XYZ) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, topping 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 business had revenue of $6.06 billion for the quarter. During the same quarter in the prior year, the company earned $0.56 EPS. The business’s 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. As a group, equities analysts expect that Block, Inc. will post 2.48 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on XYZ shares. William Blair lowered shares of Block to a “market perform” rating in a research note on Tuesday, June 30th. Zacks Research raised Block from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 10th. Royal Bank Of Canada raised their price objective on shares of Block from $90.00 to $93.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Piper Sandler raised shares of Block from an “underweight” rating to an “overweight” rating and lifted their price objective for the stock from $58.00 to $100.00 in a research note on Monday, June 29th. Finally, Robert W. Baird upped their target price on Block from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Five research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Block has an average rating of “Moderate Buy” and an average target price of $87.91.

Institutional Investors Weigh In On Block

A number of large investors have recently added to or reduced their stakes in XYZ. Ameriprise Financial Inc. bought a new stake in Block during the second quarter valued at about $535,305,000. Norges Bank acquired a new position in shares of Block during the 4th quarter worth about $484,387,000. Viking Global Investors LP acquired a new position in shares of Block during the 2nd quarter worth about $368,213,000. Capital World Investors boosted its stake in Block by 41.8% during the 4th quarter. Capital World Investors now owns 16,023,441 shares of the technology company’s stock valued at $1,042,966,000 after purchasing an additional 4,727,217 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Block by 528.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,309,296 shares of the technology company’s stock worth $199,153,000 after buying an additional 2,782,523 shares during the period. Institutional investors 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.