Insider Selling: Block (NYSE:XYZ) Director Sells 6,000 Shares of Stock

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $74.80, for a total value of $448,800.00. Following the completion of the transaction, the director owned 1,928,672 shares of the company’s stock, valued at $144,264,665.60. The trade was a 0.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.93, for a total value of $473,580.00.
• On Wednesday, June 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.01, for a total value of $444,060.00.
• On Monday, June 22nd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.28, for a total value of $445,680.00.
• On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.10, for a total value of $444,600.00.
• 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 transaction of $433,560.00.
• On Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $69.78, for a total transaction 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 transaction of $399,840.00.
• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $68.22, for a total transaction of $409,320.00.
• On Thursday, June 4th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 stock was sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Trading Down 0.0%

Block stock traded down $0.01 during mid-day trading on Monday, hitting $77.81. The company’s stock had a trading volume of 7,048,786 shares, compared to its average volume of 7,216,521. 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 stock has a market cap of $46.31 billion, a price-to-earnings ratio of 60.79, a price-to-earnings-growth ratio of 0.99 and a beta of 2.56. The business has a 50 day moving average price of $71.56 and a 200-day moving average price of $65.16. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $82.50.

Block (NYSE:XYZ) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (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 quarter in the previous year, the company earned $0.56 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis. 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, analysts forecast that Block, Inc. will post 2.47 EPS for the current year.

Institutional Investors Weigh In On Block

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC raised its holdings in Block by 57.1% in the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock worth $29,000 after acquiring an additional 161 shares during the last quarter. Global Assets Advisory LLC purchased a new stake in Block during the 1st quarter valued at $31,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Block in the 4th quarter worth $32,000. EverSource Wealth Advisors LLC increased its holdings in shares of Block by 59.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 528 shares of the technology company’s stock worth $38,000 after purchasing an additional 196 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of Block by 57.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock worth $40,000 after purchasing an additional 223 shares during the last quarter. Institutional investors own 70.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on XYZ shares. Wall Street Zen upgraded Block from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Citigroup boosted their price objective on Block from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Arete Research raised Block from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 3rd. Loop Capital began coverage on shares of Block in a report on Tuesday, March 31st. They issued a “buy” rating and a $75.00 target price on the stock. Finally, BTIG Research reaffirmed a “buy” rating and issued a $90.00 target price on shares of Block in a research note on Friday, May 8th. Four analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $86.70.

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.