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 company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $74.10, for a total value of $444,600.00. Following the transaction, the director directly owned 1,964,672 shares of the company’s stock, valued at $145,582,195.20. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 15th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $72.26, for a total value of $433,560.00.
• On Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $69.78, for a total value of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $66.64, for a total value of $399,840.00.
• 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 value of $409,320.00.
• On Thursday, June 4th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $70.84, for a total transaction of $425,040.00.
• On Monday, June 1st, Anthony Mathew Eisen sold 135,750 shares of Block stock. The shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Stock Performance

Shares of XYZ stock opened at $74.75 on Friday. The company’s fifty day simple moving average is $70.57 and its 200-day simple moving average is $64.69. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.26. The firm has a market cap of $44.49 billion, a PE ratio of 58.40, a P/E/G ratio of 0.97 and a beta of 2.56. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $82.50.

Block (NYSE:XYZ) last announced its earnings results on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, topping the consensus estimate 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 business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Equities research analysts expect that Block, Inc. will post 2.42 EPS for the current fiscal year.

Institutional Trading of Block

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Block by 23.1% in the 3rd quarter. Vanguard Group Inc. now owns 67,626,485 shares of the technology company’s stock valued at $4,887,366,000 after buying an additional 12,709,824 shares during the last quarter. Capital World Investors lifted its position in Block by 41.8% during the fourth quarter. Capital World Investors now owns 16,023,441 shares of the technology company’s stock worth $1,042,966,000 after acquiring an additional 4,727,217 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Block by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 14,406,899 shares of the technology company’s stock worth $934,121,000 after acquiring an additional 67,560 shares during the period. Sands Capital Management LLC boosted its holdings in shares of Block by 12.2% during the third quarter. Sands Capital Management LLC now owns 11,603,057 shares of the technology company’s stock worth $838,553,000 after acquiring an additional 1,262,317 shares during the period. Finally, Ameriprise Financial Inc. acquired a new position in shares of Block in the second quarter valued at approximately $535,305,000. Institutional investors own 70.44% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on XYZ. Wall Street Zen upgraded Block from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Canaccord Genuity Group raised their price target on Block from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, May 18th. BMO Capital Markets began coverage on Block in a research report on Tuesday, April 21st. They set a “market perform” rating and a $74.00 price target on the stock. Raymond James Financial raised Block to a “moderate buy” rating in a report on Friday, February 27th. Finally, Citigroup raised their target price on shares of Block from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Four research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $85.42.

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.