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 Friday, July 17th. The shares were sold at an average price of $79.13, for a total value of $474,780.00. Following the sale, the director owned 1,679,672 shares in the company, valued at approximately $132,912,445.36. The trade was a 0.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 Wednesday, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.22, for a total value of $493,320.00.
• On Monday, July 27th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.88, for a total value of $473,280.00.
• On Monday, July 20th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.90, for a total value of $473,400.00.
• On Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.35, for a total value of $470,100.00.
• On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.91, for a total transaction of $473,460.00.
• On Wednesday, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.66, for a total transaction of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.77, for a total transaction of $472,620.00.
• On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The shares were sold at an average price of $79.83, for a total transaction of $2,873,880.00.
• On Wednesday, July 1st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.40, for a total transaction of $458,400.00.
• On Monday, June 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.93, for a total transaction of $473,580.00.

Block Trading Down 1.0%

NYSE:XYZ opened at $82.30 on Thursday. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $84.08. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $48.98 billion, a price-to-earnings ratio of 64.30, a PEG ratio of 1.05 and a beta of 2.54. The firm has a fifty day simple moving average of $75.15 and a two-hundred day simple moving average of $67.31.

Block (NYSE:XYZ) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.55. The firm had revenue of $6.06 billion for the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. Block’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior 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. Analysts expect that Block, Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

XYZ has been the topic of several recent research reports. Needham & Company LLC increased their price target on Block from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, May 8th. BTIG Research restated a “buy” rating and set a $90.00 price objective on shares of Block in a report on Monday. Clear Str raised Block to a “hold” rating in a research report on Thursday, July 16th. Weiss Ratings raised Block from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 1st. Finally, Barclays assumed coverage on Block in a report on Tuesday, July 7th. They issued an “overweight” rating and a $100.00 target price on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $89.84.

Hedge Funds Weigh In On Block

Hedge funds have recently added to or reduced their stakes in the stock. Allstate Corp raised its position in Block by 91.9% in the 4th quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock valued at $2,557,000 after buying an additional 18,812 shares during the last quarter. Moran Wealth Management LLC boosted its holdings in Block by 37.3% during the 4th quarter. Moran Wealth Management LLC now owns 57,651 shares of the technology company’s stock worth $3,753,000 after acquiring an additional 15,670 shares during the last quarter. National Pension Service boosted its holdings in Block by 8.4% during the 4th quarter. National Pension Service now owns 833,124 shares of the technology company’s stock worth $54,228,000 after acquiring an additional 64,674 shares during the last quarter. Hsbc Holdings PLC grew its stake in shares of Block by 7.2% in the 4th quarter. Hsbc Holdings PLC now owns 1,223,824 shares of the technology company’s stock worth $79,749,000 after acquiring an additional 82,446 shares in the last quarter. Finally, Mawer Investment Management Ltd. bought a new stake in shares of Block in the 4th quarter worth $3,062,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

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.