Block, Inc. $XYZ Position Raised by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its position in shares of Block, Inc. (NYSE:XYZ) by 33.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,532 shares of the technology company’s stock after purchasing an additional 14,286 shares during the period. Motley Fool Asset Management LLC’s holdings in Block were worth $3,680,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC bought a new stake in Block during the third quarter worth approximately $28,000. Sound Income Strategies LLC raised its holdings in Block by 57.1% during the fourth quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock worth $29,000 after purchasing an additional 161 shares in the last quarter. Rachor Investment Advisory Services LLC bought a new stake in Block during the fourth quarter worth approximately $32,000. Rothschild Investment LLC raised its holdings in Block by 59.7% during the third quarter. Rothschild Investment LLC now owns 495 shares of the technology company’s stock worth $36,000 after purchasing an additional 185 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Block by 59.0% during the third 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. Institutional investors own 70.44% of the company’s stock.

Block Trading Down 2.4%

Block stock opened at $66.67 on Thursday. The company’s fifty day simple moving average is $68.82 and its 200-day simple moving average is $64.26. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.26. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $82.50. The stock has a market cap of $39.68 billion, a P/E ratio of 52.08, a P/E/G ratio of 0.88 and a beta of 2.56.

Block (NYSE:XYZ) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.30 by $0.55. The business 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%. The company’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.56 earnings per share. 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, sell-side analysts forecast that Block, Inc. will post 2.42 EPS for the current fiscal year.

Insider Transactions at Block

In related news, insider Chrysty Esperanza sold 3,000 shares of the company’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $75.00, for a total value of $225,000.00. Following the completion of the sale, the insider directly owned 268,169 shares in the company, valued at approximately $20,112,675. This represents a 1.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony Mathew Eisen sold 6,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $68.22, for a total transaction of $409,320.00. Following the completion of the sale, the director owned 2,002,990 shares of the company’s stock, valued at $136,643,977.80. This represents a 0.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 193,680 shares of company stock valued at $14,609,241 in the last three months. 11.37% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on XYZ shares. BMO Capital Markets assumed coverage on Block in a report on Tuesday, April 21st. They set a “market perform” rating and a $74.00 target price on the stock. Piper Sandler upped their price target on Block from $51.00 to $58.00 and gave the company an “underweight” rating in a report on Friday, May 8th. Oppenheimer reaffirmed an “outperform” rating and issued a $91.00 price target on shares of Block in a report on Friday, May 8th. TD Cowen upped their price target on Block from $91.00 to $95.00 and gave the company a “buy” rating in a report on Friday, February 27th. Finally, Arete Research raised Block from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.