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 stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $82.22, for a total value of $493,320.00. Following the completion of the sale, the director directly owned 1,631,672 shares in the company, valued at $134,156,071.84. This represents a 0.37% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 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 stock was 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 shares were 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.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 value 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 value of $473,580.00.

Block Stock Performance

XYZ stock traded down $0.80 on Wednesday, reaching $82.30. The company’s stock had a trading volume of 4,992,038 shares, compared to its average volume of 6,870,556. Block, Inc. has a 52 week low of $48.21 and a 52 week high of $84.08. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99. The company has a market capitalization of $48.98 billion, a P/E ratio of 64.30, a price-to-earnings-growth ratio of 1.02 and a beta of 2.54. The firm has a fifty day moving average of $74.93 and a two-hundred day moving average of $67.22.

Block (NYSE:XYZ) last announced its earnings results 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. Block had a return on equity of 7.02% and a net margin of 3.30%.The firm had revenue of $6.06 billion for the quarter. During the same period in the previous year, the firm earned $0.56 EPS. The firm’s revenue was up 4.9% on a year-over-year basis. 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, analysts predict that Block, Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on XYZ shares. Craig Hallum started coverage on shares of Block in a report on Tuesday, June 30th. They issued a “buy” rating for the company. Clear Str raised shares of Block to a “hold” rating in a research note on Thursday, July 16th. William Blair downgraded shares of Block to a “market perform” rating in a research report on Tuesday, June 30th. Citigroup upped their price target on shares of Block from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Finally, BMO Capital Markets increased their price objective on shares of Block from $78.00 to $85.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Four 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $89.84.

Hedge Funds Weigh In On Block

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Baird Financial Group Inc. purchased a new position in Block during the 2nd quarter worth approximately $1,866,000. Brown Advisory Inc. acquired a new stake in shares of Block in the second quarter worth $516,000. Jump Financial LLC acquired a new stake in shares of Block in the second quarter worth $385,000. Federated Hermes Inc. purchased a new position in shares of Block during the second quarter valued at $53,000. Finally, Cerity Partners LLC purchased a new position in shares of Block during the second quarter valued at $1,861,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

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.