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 the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $78.62, for a total value of $471,720.00. Following the completion of the transaction, the director directly owned 1,536,672 shares in the company, valued at approximately $120,813,152.64. The trade was a 0.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 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 value of $497,220.00.
• On Monday, August 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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.
• On Wednesday, August 5th, Anthony Mathew Eisen sold 41,000 shares of Block stock. The shares were sold at an average price of $85.85, for a total transaction of $3,519,850.00.
• On Monday, August 3rd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.52, for a total transaction of $489,120.00.
• On Friday, July 31st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.27, for a total transaction of $493,620.00.
• On Wednesday, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.22, for a total transaction of $493,320.00.
• On Monday, July 27th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.88, for a total transaction of $473,280.00.
• On Monday, July 20th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.90, for a total transaction of $473,400.00.
• On Friday, July 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.13, for a total transaction of $474,780.00.

Block Stock Down 0.4%

NYSE:XYZ traded down $0.36 during mid-day trading on Friday, reaching $82.73. The stock had a trading volume of 4,281,346 shares, compared to its average volume of 6,759,068. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.21 and a quick ratio of 2.21. The company has a market capitalization of $49.24 billion, a price-to-earnings ratio of 147.73, a price-to-earnings-growth ratio of 0.94 and a beta of 2.53. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $86.75. The stock’s 50 day simple moving average is $77.28 and its two-hundred day simple moving average is $68.47.

Block (NYSE:XYZ) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating 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 for the quarter. During the same quarter in the previous year, the company earned $0.62 EPS. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. Equities analysts anticipate that Block, Inc. will post 2.5 EPS for the current year.

Institutional Investors Weigh In On Block

A number of hedge funds have recently made changes to their positions in XYZ. Baird Financial Group Inc. bought a new position in Block in the 2nd quarter worth approximately $1,866,000. Brown Advisory Inc. bought a new stake in Block during the 2nd quarter valued at $516,000. Jump Financial LLC bought a new stake in Block during the 2nd quarter valued at $385,000. Federated Hermes Inc. acquired a new position in Block during the 2nd quarter worth $53,000. Finally, Cerity Partners LLC acquired a new position in Block during the 2nd quarter worth $1,861,000. Institutional investors own 70.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on XYZ shares. Argus increased their target price on shares of Block from $86.00 to $103.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $95.00 price target on shares of Block in a report on Thursday, August 6th. Jefferies Financial Group started coverage on shares of Block in a research report on Tuesday, June 30th. They set a “hold” rating for the company. UBS Group increased their price objective on shares of Block from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Susquehanna raised their target price on shares of Block from $90.00 to $100.00 and gave the stock a “positive” rating in a report on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $95.23.

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.