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 business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $69.78, for a total value of $418,680.00. Following the transaction, the director directly owned 1,978,990 shares of the company’s stock, valued at $138,093,922.20. This represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 value 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 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 value 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 Price Performance

NYSE XYZ opened at $74.54 on Wednesday. Block, Inc. has a twelve month low of $48.21 and a twelve month high of $82.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99. The stock has a market capitalization of $44.36 billion, a PE ratio of 58.23, a P/E/G ratio of 0.96 and a beta of 2.56. The stock has a 50-day simple moving average of $69.79 and a 200 day simple moving average of $64.50.

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 business had revenue of $6.06 billion during the quarter. During the same period in the prior year, the firm posted $0.56 EPS. Block’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. Research analysts anticipate that Block, Inc. will post 2.42 EPS for the current year.

Institutional Investors Weigh In On Block

Several large investors have recently modified their holdings of the stock. Sound Income Strategies LLC grew its stake in shares of Block by 57.1% in the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock valued at $29,000 after purchasing an additional 161 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Block by 33.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 707 shares of the technology company’s stock valued at $46,000 after purchasing an additional 179 shares during the period. Rothschild Investment LLC grew its stake in shares of Block by 59.7% in the 3rd quarter. Rothschild Investment LLC now owns 495 shares of the technology company’s stock valued at $36,000 after purchasing an additional 185 shares during the period. Legacy Financial Advisors Inc. grew its stake in shares of Block by 4.9% in the 3rd quarter. Legacy Financial Advisors Inc. now owns 3,938 shares of the technology company’s stock valued at $285,000 after purchasing an additional 185 shares during the period. Finally, Merit Financial Group LLC grew its stake in shares of Block by 3.7% in the 4th quarter. Merit Financial Group LLC now owns 5,270 shares of the technology company’s stock valued at $343,000 after purchasing an additional 188 shares during the period. 70.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on XYZ shares. Citigroup upped their price target on Block from $85.00 to $100.00 and gave the company a “buy” rating in a report on Friday, May 8th. BTIG Research reaffirmed a “buy” rating and issued a $90.00 price target on shares of Block in a report on Friday, May 8th. Truist Financial upped their price target on Block from $81.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Oppenheimer reaffirmed an “outperform” rating and issued a $91.00 price target on shares of Block in a report on Friday, May 8th. Finally, Weiss Ratings raised Block from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 1st. Four analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Block currently has an average rating of “Moderate Buy” and a consensus price target of $85.42.

About Block

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.