Block (NYSE:XYZ) Stock: Insider Anthony Mathew Eisen Sells 6,000 Shares

Block, Inc. (NYSE:XYZ) Director Anthony Eisen sold 6,000 shares of the stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $79.07, for a total transaction of $474,420.00. Following the sale, the director owned 1,242,672 shares in the company, valued at $98,258,075.04. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, 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, October 19th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.58, for a total transaction of $471,480.00.
• On Friday, October 16th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $80.43, for a total value of $482,580.00.
• On Wednesday, October 14th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.70, for a total value of $454,200.00.
• On Monday, October 12th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.97, for a total value of $461,820.00.
• On Friday, October 9th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.75, for a total value of $454,500.00.
• On Wednesday, October 7th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.35, for a total value of $452,100.00.
• On Monday, October 5th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.24, for a total value of $445,440.00.
• On Friday, October 2nd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.61, for a total value of $453,660.00.
• On Wednesday, September 30th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.33, for a total value of $445,980.00.
• On Monday, September 28th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.20, for a total value of $451,200.00.

Block Stock Performance

Block stock opened at $76.43 on Friday. Block, Inc. has a 12-month low of $48.21 and a 12-month high of $86.92. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.26. The business’s 50-day moving average price is $78.51 and its two-hundred day moving average price is $75.53. The stock has a market cap of $45.92 billion, a PE ratio of 27.06, a P/E/G ratio of 0.82 and a beta of 2.55.

Block (NYSE:XYZ) last posted its earnings results on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.54. Block had a net margin of 1.43% and a return on equity of 8.10%. The firm had revenue of $6.62 billion during the quarter. During the same period last year, the company posted $0.62 EPS. The firm’s 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. As a group, analysts expect that Block, Inc. will post 2.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on XYZ. The Goldman Sachs Group raised shares of Block from a “buy” rating to a “buy” rating in a research note on Tuesday, June 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $95.00 target price on shares of Block in a research report on Friday, September 25th. Royal Bank Of Canada reissued an “outperform” rating and set a $95.00 target price on shares of Block in a report on Wednesday. Jefferies Financial Group started coverage on shares of Block in a research note on Tuesday, June 30th. They set a “hold” rating for the company. Finally, Weiss Ratings upgraded shares of Block from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Block presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.94.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. NovaPoint Capital LLC raised its position in shares of Block by 3.9% during the third quarter. NovaPoint Capital LLC now owns 3,630 shares of the technology company’s stock worth $267,000 after purchasing an additional 137 shares during the period. Raiffeisen Bank International AG grew its position in Block by 0.3% in the 2nd quarter. Raiffeisen Bank International AG now owns 44,901 shares of the technology company’s stock valued at $3,503,000 after purchasing an additional 148 shares during the period. Crossmark Global Holdings Inc. grew its position in Block by 1.5% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 11,888 shares of the technology company’s stock valued at $874,000 after purchasing an additional 175 shares during the period. Avior Wealth Management LLC grew its position in Block by 3.3% in the 2nd quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company’s stock valued at $462,000 after purchasing an additional 193 shares during the period. Finally, Carson Advisory Inc. increased its stake in Block by 2.6% during the 1st quarter. Carson Advisory Inc. now owns 8,035 shares of the technology company’s stock valued at $484,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 70.44% of the company’s stock.

About Block

Block, Inc is a financial technology company that provides payments, commerce, and financial services through an ecosystem of business and consumer products. Formerly known as Square, the company was co-founded by Jack Dorsey and Jim McKelvey and changed its corporate name to Block in 2021.

Its Square ecosystem serves businesses with point-of-sale hardware, payment processing, invoicing, payroll, inventory management, customer engagement, online commerce, and other software tools. Block also offers lending and other financial services to eligible business customers through Square-related products.

For consumers, Block operates Cash App, a mobile financial services platform that supports services such as peer-to-peer payments, money transfers, a Cash App Card, direct deposit, investing, and bitcoin transactions, subject to product and geographic availability.