Anthony Mathew Eisen Sells 6,000 Shares of Block (NYSE:XYZ) Stock

Block, Inc. (NYSE:XYZ) Director Anthony Eisen sold 6,000 shares of Block stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $82.18, for a total transaction of $493,080.00. Following the transaction, the director owned 1,428,672 shares in the company, valued at approximately $117,408,264.96. This trade represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Mathew Eisen also recently made the following trade(s):

• On Thursday, September 10th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.39, for a total value of $470,340.00.
• On Friday, September 4th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.51, for a total value of $495,060.00.
• On Wednesday, September 2nd, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $77.30, for a total value of $463,800.00.
• On Monday, August 31st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.58, for a total value of $495,480.00.
• On Friday, August 28th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $85.12, for a total value of $510,720.00.
• On Wednesday, August 26th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.00, for a total transaction of $492,000.00.
• On Monday, August 24th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $81.48, for a total transaction of $488,880.00.
• On Friday, August 21st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $80.04, for a total transaction of $480,240.00.
• On Wednesday, August 19th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.55, for a total transaction of $477,300.00.
• On Monday, August 17th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.63, for a total transaction of $489,780.00.

Block Trading Down 0.5%

XYZ traded down $0.37 during trading on Thursday, reaching $79.03. 3,229,648 shares of the stock traded hands, compared to its average volume of 6,477,345. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.26. The stock’s 50-day moving average is $80.57 and its 200 day moving average is $71.82. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $86.92. The stock has a market capitalization of $47.48 billion, a PE ratio of 141.12, a P/E/G ratio of 0.85 and a beta of 2.52.

Block (NYSE:XYZ) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.54. Block had a return on equity of 8.10% and a net margin of 1.43%.The company had revenue of $6.62 billion for the quarter. During the same period in the prior year, the firm earned $0.62 earnings per share. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. 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 anticipate that Block, Inc. will post 2.72 earnings per share for the current year.

Wall Street Analyst Weigh In

XYZ has been the topic of a number of research analyst reports. Robert W. Baird set a $105.00 price target on Block in a report on Thursday, August 6th. Citigroup boosted their target price on shares of Block from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. BTIG Research raised their price target on shares of Block from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Jefferies Financial Group started coverage on shares of Block in a research note on Tuesday, June 30th. They issued a “hold” rating for the company. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Block from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Three 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $95.42.

Institutional Trading of Block

Several hedge funds have recently bought and sold shares of XYZ. California State Teachers Retirement System increased its stake in 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 valued at $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. Capital World Investors lifted its stake in shares of Block by 41.8% in the fourth quarter. Capital World Investors now owns 16,023,441 shares of the technology company’s stock valued at $1,042,966,000 after buying an additional 4,727,217 shares in the last quarter. Geode Capital Management LLC grew 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 valued at $934,121,000 after buying an additional 67,560 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in shares of Block during the second quarter worth about $535,305,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

About Block

Block, Inc is a global technology company that develops financial services and commerce tools for businesses and consumers. Founded in 2009 as Square, the company changed its corporate name to Block in 2021 to reflect the expansion of its operations beyond seller-focused payment solutions.

Through its Square ecosystem, Block provides payment processing, point-of-sale hardware and software, business banking, invoicing, payroll, inventory management and other tools for merchants. Its consumer-focused Cash App offers services that may include peer-to-peer payments, money transfers, investing, debit-card access and bitcoin-related functionality, subject to availability and applicable regulations.

Block also owns Afterpay, a buy now, pay later platform, and has operated additional businesses involving music streaming and bitcoin infrastructure.