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 business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $72.26, for a total transaction of $433,560.00. Following the completion of the transaction, the director owned 1,972,990 shares of the company’s stock, valued at approximately $142,568,257.40. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $69.78, for a total transaction of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $66.64, for a total transaction of $399,840.00.
• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $68.22, for a total transaction of $409,320.00.
• On Thursday, June 4th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $70.84, for a total transaction of $425,040.00.
• On Monday, June 1st, Anthony Mathew Eisen sold 135,750 shares of Block stock. The shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Stock Performance

Shares of XYZ traded up $4.71 during trading hours on Monday, hitting $74.23. The stock had a trading volume of 9,542,817 shares, compared to its average volume of 5,579,705. 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 firm has a 50-day moving average price of $69.49 and a 200 day moving average price of $64.44. Block, Inc. has a fifty-two week low of $48.21 and a fifty-two week high of $82.50. The firm has a market capitalization of $44.18 billion, a price-to-earnings ratio of 57.99, a PEG ratio of 0.90 and a beta of 2.56.

Block (NYSE:XYZ) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.30 by $0.55. The company had revenue of $6.06 billion during the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. Block’s revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the firm 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. As a group, research analysts anticipate that Block, Inc. will post 2.42 EPS for the current year.

Institutional Investors Weigh In On Block

Large investors have recently modified their holdings of the business. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of Block during the third quarter worth $28,000. Sound Income Strategies LLC grew its holdings 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 valued at $29,000 after purchasing an additional 161 shares during the period. Rachor Investment Advisory Services LLC purchased a new stake in shares of Block in the fourth quarter valued at about $32,000. Rothschild Investment LLC grew its holdings in shares of Block by 59.7% in the third quarter. Rothschild Investment LLC now owns 495 shares of the technology company’s stock valued at $36,000 after purchasing an additional 185 shares during the period. Finally, Global Assets Advisory LLC purchased a new stake in shares of Block in the first quarter valued at about $31,000. Hedge funds and other institutional investors own 70.44% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on XYZ. Keefe, Bruyette & Woods boosted their price target on shares of Block from $85.00 to $90.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Needham & Company LLC boosted their price target on shares of Block from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Oppenheimer reissued an “outperform” rating and issued a $91.00 price target on shares of Block in a report on Friday, May 8th. Loop Capital began coverage on shares of Block in a report on Tuesday, March 31st. They issued a “buy” rating and a $75.00 price target for the company. Finally, TD Cowen boosted their price target on shares of Block from $91.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Four research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Block currently has an average rating of “Moderate Buy” and an average price target of $85.42.

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.