Block, Inc. (NYSE:XYZ – Get Free Report) Director Anthony Eisen sold 6,000 shares of the firm’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $77.84, for a total transaction of $467,040.00. Following the completion of the transaction, the director directly owned 1,230,672 shares in the company, valued at approximately $95,795,508.48. This represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 26th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.76, for a total transaction of $454,560.00.
- On Wednesday, October 21st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.07, for a total transaction of $474,420.00.
- On Monday, October 19th, Anthony Eisen sold 6,000 shares of Block stock. The stock was 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 transaction of $482,580.00.
- On Wednesday, October 14th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.70, for a total transaction 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 transaction 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 transaction of $454,500.00.
- On Wednesday, October 7th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.35, for a total transaction 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.
Block Stock Up 0.5%
Shares of XYZ stock opened at $74.93 on Wednesday. The stock’s fifty day moving average price is $78.24 and its two-hundred day moving average price is $70.99. Block, Inc. has a fifty-two week low of $48.21 and a fifty-two week high of $86.92.
Block (NYSE:XYZ – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.54. The business had revenue of $6.62 billion during the quarter. During the same quarter last year, the firm posted $0.62 EPS. The business’s revenue was up 9.3% on a year-over-year basis. 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 forecast that Block, Inc. will post 2.74 earnings per share for the current year.
Analyst Ratings Changes
A number of research analysts have issued reports on XYZ shares. Weiss Ratings upgraded Block from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Oppenheimer reissued an “outperform” rating and set a $97.00 target price on shares of Block in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft raised shares of Block to a “buy” rating in a report on Tuesday, June 30th. Canaccord Genuity Group raised their price target on shares of Block from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $95.00 price target on shares of Block in a research note on Wednesday, October 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Block currently has an average rating of “Moderate Buy” and an average target price of $95.61.
Get Our Latest Analysis on XYZ
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Elevation Wealth Partners LLC grew its position in Block by 301.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 389 shares of the technology company’s stock worth $30,000 after acquiring an additional 292 shares during the last quarter. Global Assets Advisory LLC bought a new stake in Block during the 1st quarter worth $31,000. Meeder Asset Management Inc. acquired a new position in Block in the 2nd quarter worth about $46,000. Ancora Advisors LLC acquired a new position in Block in the 2nd quarter worth about $53,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in Block by 1,033.3% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 918 shares of the technology company’s stock worth $55,000 after purchasing an additional 837 shares in the last quarter. 70.44% of the stock is currently owned by institutional investors.
Block Company Profile
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.
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