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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the company’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $83.07, for a total value of $498,420.00. Following the completion of the transaction, the director owned 1,560,672 shares in the company, valued at $129,645,023.04. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 Wednesday, August 5th, Anthony Mathew Eisen sold 41,000 shares of Block stock. The shares were sold at an average price of $85.85, for a total value of $3,519,850.00.
• On Monday, August 3rd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.52, for a total value of $489,120.00.
• On Friday, July 31st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.27, for a total value of $493,620.00.
• On Wednesday, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.22, for a total transaction 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 transaction 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 transaction of $473,400.00.
• On Friday, July 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.13, for a total transaction of $474,780.00.
• 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 transaction of $470,100.00.
• On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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.

Block Price Performance

XYZ traded down $4.84 during trading on Thursday, reaching $79.36. The stock had a trading volume of 11,650,486 shares, compared to its average volume of 6,846,113. The business has a 50-day moving average of $76.54 and a 200-day moving average of $67.85. Block, Inc. has a one year low of $48.21 and a one year high of $86.75. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99. The stock has a market cap of $47.23 billion, a PE ratio of 62.00, a PEG ratio of 1.07 and a beta of 2.53.

Block (NYSE:XYZ) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.54. Block had a return on equity of 7.02% and a net margin of 3.30%.The firm had revenue of $6.62 billion during the quarter. During the same period last year, the firm earned $0.62 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. As a group, equities research analysts anticipate that Block, Inc. will post 2.48 EPS for the current fiscal year.

Block News Summary

Here are the key news stories impacting Block this week:

• Positive Sentiment: Second-quarter results exceeded expectations. Block reported adjusted EPS of $1.02, above estimates ranging from $0.48 to $0.86 and up from $0.62 a year earlier. Revenue rose 9.3% year over year to $6.62 billion, supported by strength in Cash App and Square. Block’s Q2 Earnings and Revenues Beat on Cash App and Square Strength
• Positive Sentiment: Management raised its profit outlook. Block projected third-quarter 2026 EPS of $1.02 versus the $0.93 consensus estimate and fiscal-year 2026 EPS of $4.02 versus $3.62 expected by analysts. The improved guidance points to stronger operating leverage and cost controls. Block Q2 Earnings Call Highlights Raised Outlook and AI Push
• Positive Sentiment: Analysts raised targets following the report. TD Cowen raised its target to $105, while RBC, Keefe, Bruyette & Woods, Susquehanna and Needham also increased targets, generally maintaining positive or buy-equivalent ratings. Cantor Fitzgerald reaffirmed its overweight rating with a $95 target. Analyst Price Target Changes
• Positive Sentiment: AI and restructuring are beginning to support profitability. Block highlighted 25% gross-profit growth, record margins and momentum from AI-driven products following its previously announced workforce reduction and efficiency initiative. Block’s AI Overhaul Starts Showing Up in Results
• Neutral Sentiment: Options activity was unusually bullish but speculative. Investors bought 42,107 call options, 55% above typical daily volume, signaling increased trading interest but not guaranteeing sustained stock gains.
• Neutral Sentiment: Valuation may be limiting upside. With a high P/E multiple and shares near their 52-week high, investors may be demanding continued execution after the earnings-driven advance.
• Negative Sentiment: An insider sold shares. Brian Grassadonia sold 25,908 shares worth approximately $2.1 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces the signal’s importance, but insider selling can weigh modestly on sentiment. SEC Insider Sale Filing

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC grew its stake in shares of Block by 57.1% in 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 during the last quarter. EverSource Wealth Advisors LLC raised its position in Block by 33.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 707 shares of the technology company’s stock valued at $46,000 after purchasing an additional 179 shares during the last quarter. Merit Financial Group LLC lifted its holdings in Block by 3.7% in the 4th quarter. Merit Financial Group LLC now owns 5,270 shares of the technology company’s stock worth $343,000 after buying an additional 188 shares during the period. Avior Wealth Management LLC lifted its holdings in Block by 3.3% in the 2nd quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company’s stock worth $462,000 after buying an additional 193 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in shares of Block by 33.3% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 800 shares of the technology company’s stock worth $58,000 after buying an additional 200 shares during the last quarter. Institutional investors own 70.44% of the company’s stock.

Wall Street Analysts Forecast Growth

XYZ has been the topic of a number of recent research reports. UBS Group increased their price target on shares of Block from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $95.00 price objective on shares of Block in a research note on Thursday. Barclays began coverage on shares of Block in a report on Tuesday, July 7th. They set an “overweight” rating and a $100.00 target price on the stock. Truist Financial lifted their target price on shares of Block from $82.00 to $93.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Wall Street Zen upgraded shares of Block from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $91.75.

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.