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 firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $82.22, for a total value of $493,320.00. Following the completion of the transaction, the director owned 1,631,672 shares of the company’s stock, valued at approximately $134,156,071.84. The trade was a 0.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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, 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 value of $473,280.00.
• On Monday, July 20th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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.
• On Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.35, for a total transaction of $470,100.00.
• On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.91, for a total transaction of $473,460.00.
• On Wednesday, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.66, for a total transaction of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.77, for a total transaction 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 stock was 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.

Block Trading Up 0.7%

NYSE XYZ opened at $82.73 on Friday. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $84.08. The stock’s fifty day moving average price is $75.43 and its 200-day moving average price is $67.40. The stock has a market cap of $49.24 billion, a P/E ratio of 64.63, a P/E/G ratio of 1.03 and a beta of 2.54. 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 (NYSE:XYZ) last released 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 during the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior 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, equities analysts forecast that Block, Inc. will post 2.48 EPS for the current fiscal year.

Hedge Funds Weigh In On Block

Hedge funds have recently made changes to their positions in the business. Allstate Corp lifted its stake in shares of Block by 91.9% in the 4th quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock valued at $2,557,000 after purchasing an additional 18,812 shares during the last quarter. Moran Wealth Management LLC boosted its stake in shares of Block by 37.3% during the fourth quarter. Moran Wealth Management LLC now owns 57,651 shares of the technology company’s stock valued at $3,753,000 after purchasing an additional 15,670 shares during the period. National Pension Service grew its stake in Block by 8.4% in the 4th quarter. National Pension Service now owns 833,124 shares of the technology company’s stock worth $54,228,000 after acquiring an additional 64,674 shares in the last quarter. Hsbc Holdings PLC grew its stake in Block by 7.2% in the fourth quarter. Hsbc Holdings PLC now owns 1,223,824 shares of the technology company’s stock worth $79,749,000 after purchasing an additional 82,446 shares in the last quarter. Finally, Mawer Investment Management Ltd. bought a new position in shares of Block during the 4th quarter worth $3,062,000. Institutional investors own 70.44% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on XYZ shares. Piper Sandler upgraded Block from an “underweight” rating to an “overweight” rating and lifted their price objective for the stock from $58.00 to $100.00 in a report on Monday, June 29th. Robert W. Baird upped their target price on shares of Block from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. William Blair downgraded shares of Block to a “market perform” rating in a report on Tuesday, June 30th. Craig Hallum initiated coverage on shares of Block in a research note on Tuesday, June 30th. They issued a “buy” rating for the company. Finally, Canaccord Genuity Group boosted their price objective on shares of Block from $80.00 to $85.00 and gave the company a “buy” rating in a report on Monday, May 18th. Four research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $89.84.

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.