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 company’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $85.12, for a total value of $510,720.00. Following the sale, the director owned 1,464,672 shares of the company’s stock, valued at approximately $124,672,880.64. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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, August 31st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.58, for a total value of $495,480.00.
• On Wednesday, August 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.00, for a total value of $492,000.00.
• On Monday, August 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.48, for a total value of $488,880.00.
• On Friday, August 21st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $80.04, for a total transaction of $480,240.00.
• On Wednesday, August 19th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.55, for a total transaction of $477,300.00.
• On Monday, August 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $81.63, for a total transaction of $489,780.00.
• On Friday, August 14th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.87, for a total transaction of $497,220.00.
• On Wednesday, August 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.62, for a total transaction of $471,720.00.
• On Monday, August 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.47, for a total transaction of $470,820.00.
• On Thursday, August 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $83.07, for a total transaction of $498,420.00.

Block Stock Performance

Shares of Block stock traded down $4.24 on Tuesday, hitting $77.78. 5,156,538 shares of the company’s stock were exchanged, compared to its average volume of 6,575,973. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $86.92. The company has a 50-day simple moving average of $79.82 and a 200-day simple moving average of $70.35. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.21. The stock has a market capitalization of $46.73 billion, a PE ratio of 138.89, a PEG ratio of 0.93 and a beta of 2.53.

Block (NYSE:XYZ) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.48 by $0.54. Block had a return on equity of 8.10% and a net margin of 1.43%.The firm had revenue of $6.62 billion during the quarter. During the same quarter last year, the company earned $0.62 earnings per share. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. As a group, equities analysts anticipate that Block, Inc. will post 2.72 EPS for the current year.

Institutional Trading of Block

Several institutional investors and hedge funds have recently added to or reduced their stakes in XYZ. Raiffeisen Bank International AG lifted its holdings in Block by 0.3% in the 2nd quarter. Raiffeisen Bank International AG now owns 44,901 shares of the technology company’s stock worth $3,503,000 after purchasing an additional 148 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Block by 33.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 707 shares of the technology company’s stock valued at $46,000 after buying an additional 179 shares in the last quarter. Avior Wealth Management LLC raised its position in shares of Block by 3.3% during the second quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company’s stock valued at $462,000 after buying an additional 193 shares during the last quarter. Carson Advisory Inc. raised its position in shares of Block by 2.6% during the first quarter. Carson Advisory Inc. now owns 8,035 shares of the technology company’s stock valued at $484,000 after buying an additional 200 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in shares of Block by 33.3% in the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 800 shares of the technology company’s stock worth $58,000 after buying an additional 200 shares in the last quarter. Institutional investors own 70.44% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on XYZ shares. William Blair cut Block to a “market perform” rating in a research report on Tuesday, June 30th. Zacks Research downgraded Block from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Robert W. Baird set a $105.00 price objective on Block in a research note on Thursday, August 6th. Wolfe Research increased their target price on shares of Block from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Finally, Argus raised their target price on shares of Block from $86.00 to $103.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.84.

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.