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 stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $82.27, for a total transaction of $493,620.00. Following the transaction, the director directly owned 1,619,672 shares of the company’s stock, valued at approximately $133,250,415.44. This trade represents a 0.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 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 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 shares were 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 value 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 value of $474,780.00.
• On Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.35, for a total value of $470,100.00.
• 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 shares were 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.

Block Stock Up 3.1%

Shares of NYSE:XYZ opened at $84.64 on Wednesday. The firm has a market capitalization of $50.38 billion, a PE ratio of 66.13, a price-to-earnings-growth ratio of 1.03 and a beta of 2.53. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $84.81. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99. The firm’s 50-day moving average is $76.29 and its two-hundred day moving average is $67.72.

Block (NYSE:XYZ) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating 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 business had revenue of $6.06 billion during the quarter. During the same period in the previous year, the business posted $0.56 EPS. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Analysts predict that Block, Inc. will post 2.48 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on XYZ. Citigroup upped their price objective on Block from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. KeyCorp upped their price target on Block from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Rosenblatt Securities set a $100.00 price objective on Block in a research note on Tuesday, June 30th. Royal Bank Of Canada upped their target price on shares of Block from $90.00 to $93.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Truist Financial raised their target price on shares of Block from $82.00 to $93.00 and gave the company a “buy” rating in a report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $89.40.

Institutional Trading of Block

Institutional investors have recently bought and sold shares of the business. Allstate Corp grew its holdings in shares of Block by 91.9% during the fourth quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock worth $2,557,000 after purchasing an additional 18,812 shares during the last quarter. Moran Wealth Management LLC lifted its holdings in shares of Block by 37.3% in the 4th 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 last quarter. National Pension Service boosted its position in shares of Block by 8.4% in the 4th quarter. National Pension Service now owns 833,124 shares of the technology company’s stock valued at $54,228,000 after purchasing an additional 64,674 shares during the period. Hsbc Holdings PLC boosted its position in shares of Block by 7.2% in the 4th quarter. Hsbc Holdings PLC now owns 1,223,824 shares of the technology company’s stock valued at $79,749,000 after purchasing an additional 82,446 shares during the period. Finally, Mawer Investment Management Ltd. purchased a new position in Block during the 4th quarter worth approximately $3,062,000. 70.44% of the stock is owned by hedge funds and other institutional investors.

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.