Block (NYSE:XYZ) Director Anthony Mathew Eisen 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 that occurred on Monday, August 31st. The shares were sold at an average price of $82.58, for a total transaction of $495,480.00. Following the completion of the sale, the director directly owned 1,458,672 shares of the company’s stock, valued at $120,457,133.76. The trade was a 0.41% decrease in their position. The sale was disclosed in a filing with the SEC, 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 Friday, August 28th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $85.12, for a total transaction of $510,720.00.
• On Wednesday, August 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.00, for a total value of $492,000.00.
• On Monday, August 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $81.48, for a total value of $488,880.00.
• On Friday, August 21st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $80.04, for a total value of $480,240.00.
• On Wednesday, August 19th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.55, for a total value of $477,300.00.
• On Monday, August 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.63, for a total value of $489,780.00.
• On Friday, August 14th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.87, for a total transaction of $497,220.00.
• On Wednesday, August 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.62, for a total transaction of $471,720.00.
• On Monday, August 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.47, for a total transaction of $470,820.00.
• On Thursday, August 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $83.07, for a total transaction of $498,420.00.

Block Price Performance

XYZ stock opened at $77.78 on Wednesday. The stock has a 50-day moving average price of $79.93 and a two-hundred day moving average price of $70.52. The stock has a market cap of $46.73 billion, a PE ratio of 138.89, a price-to-earnings-growth ratio of 0.87 and a beta of 2.53. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.26. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $86.92.

Block (NYSE:XYZ) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.54. The company had revenue of $6.62 billion for the quarter. Block had a return on equity of 8.10% and a net margin of 1.43%.The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 earnings per share. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. Equities analysts forecast that Block, Inc. will post 2.72 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System raised its stake in shares of Block by 6,740.0% during the 2nd quarter. California State Teachers Retirement System now owns 54,852,088 shares of the technology company’s stock worth $4,168,759,000 after purchasing an additional 54,050,161 shares in the last quarter. BlackRock Inc. bought a new position in shares of Block in the second quarter valued at $621,703,000. Ameriprise Financial Inc. acquired a new position in Block during the second quarter worth $535,305,000. Norges Bank acquired a new position in Block during the fourth quarter worth $484,387,000. Finally, Viking Global Investors LP bought a new stake in Block during the second quarter worth $368,213,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on XYZ shares. Jefferies Financial Group initiated coverage on Block in a research report on Tuesday, June 30th. They set a “hold” rating for the company. BMO Capital Markets boosted their price objective on shares of Block from $78.00 to $85.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Morgan Stanley restated an “overweight” rating on shares of Block in a report on Wednesday, August 5th. Weiss Ratings raised shares of Block from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Finally, Needham & Company LLC lifted their price target on shares of Block from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $95.84.

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.