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 stock in a transaction on Monday, July 13th. The shares were sold at an average price of $78.35, for a total value of $470,100.00. Following the completion of the sale, the director owned 1,838,672 shares in the company, valued at approximately $144,059,951.20. The trade was a 0.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.91, for a total value of $473,460.00.
• On Wednesday, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 stock was sold at an average price of $78.77, for a total value 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 shares were sold at an average price of $76.40, for a total value of $458,400.00.
• On Monday, June 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 shares were 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 stock was sold at an average price of $74.10, for a total transaction of $444,600.00.

Block Trading Up 1.9%

NYSE XYZ opened at $78.76 on Tuesday. Block, Inc. has a 52 week low of $48.21 and a 52 week high of $82.50. The firm has a 50 day moving average of $73.04 and a two-hundred day moving average of $66.22. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $46.88 billion, a PE ratio of 61.53, a price-to-earnings-growth ratio of 0.98 and a beta of 2.54.

Block (NYSE:XYZ) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.55. The business had revenue of $6.06 billion for the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. Block’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.56 earnings per share. 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, research analysts expect that Block, Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

XYZ has been the subject of a number of recent analyst reports. Piper Sandler raised Block from an “underweight” rating to an “overweight” rating and lifted their price target for the stock from $58.00 to $100.00 in a report on Monday, June 29th. Truist Financial increased their price objective on Block from $81.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Rosenblatt Securities set a $100.00 target price on Block in a research report on Tuesday, June 30th. Keefe, Bruyette & Woods boosted their target price on Block from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Craig Hallum started coverage on Block in a report on Tuesday, June 30th. They issued a “buy” rating for the company. Five research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $87.91.

Hedge Funds Weigh In On Block

Large investors have recently bought and sold shares of the stock. Hyperion Asset Management Ltd grew its holdings in shares of Block by 6.9% during the second quarter. Hyperion Asset Management Ltd now owns 2,682,854 shares of the technology company’s stock worth $203,897,000 after purchasing an additional 172,848 shares during the last quarter. Tema ETFs LLC lifted its holdings in shares of Block by 9.8% in the 2nd quarter. Tema ETFs LLC now owns 11,329 shares of the technology company’s stock valued at $861,000 after purchasing an additional 1,015 shares during the last quarter. Arista Wealth Management LLC purchased a new stake in shares of Block in the 2nd quarter valued at about $418,000. Everhart Financial Group Inc. boosted its position in shares of Block by 6.4% in the 2nd quarter. Everhart Financial Group Inc. now owns 5,094 shares of the technology company’s stock valued at $387,000 after purchasing an additional 306 shares during the period. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Block in the 2nd quarter valued at about $237,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

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.