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 Thursday, June 4th. The shares were sold at an average price of $70.84, for a total value of $425,040.00. Following the completion of the transaction, the director owned 2,014,990 shares of the company’s stock, valued at $142,741,891.60. This trade represents a 0.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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, 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 transaction of $409,320.00.
• 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 transaction of $10,426,957.50.

Block Stock Performance

Shares of XYZ stock traded up $1.71 during trading hours on Monday, hitting $69.86. 5,792,656 shares of the company were exchanged, compared to its average volume of 5,721,017. The firm has a fifty day simple moving average of $68.38 and a 200 day simple moving average of $64.18. 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 52-week low of $48.21 and a 52-week high of $82.50. The stock has a market capitalization of $41.58 billion, a price-to-earnings ratio of 54.58, a P/E/G ratio of 0.88 and a beta of 2.56.

Block (NYSE:XYZ) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.55. Block had a net margin of 3.30% and a return on equity of 7.02%. The company had revenue of $6.06 billion during the quarter. During the same quarter in the previous year, the business earned $0.56 EPS. The company’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 predict that Block, Inc. will post 2.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of XYZ. Cary Street Partners Investment Advisory LLC bought a new position in Block in the 3rd quarter worth approximately $28,000. Sound Income Strategies LLC boosted its holdings in 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. Global Assets Advisory LLC bought a new position in Block in the 1st quarter valued at $31,000. Rachor Investment Advisory Services LLC bought a new position in Block in the 4th quarter valued at $32,000. Finally, Rothschild Investment LLC boosted its holdings in 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. 70.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

XYZ has been the subject of several research analyst reports. TD Cowen raised their price target on shares of Block from $91.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Keefe, Bruyette & Woods raised their price target on shares of Block from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Oppenheimer restated an “outperform” rating and set a $91.00 price target on shares of Block in a research note on Friday, May 8th. Loop Capital started coverage on shares of Block in a report on Tuesday, March 31st. They issued a “buy” rating and a $75.00 price objective for the company. Finally, Arete Research raised shares of Block from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $85.12.

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.