Block, Inc. $XYZ Shares Purchased by Osborne Partners Capital Management LLC

Osborne Partners Capital Management LLC raised its holdings in Block, Inc. (NYSE:XYZ) by 4.2% in the first quarter, Holdings Channel.com reports. The fund owned 239,829 shares of the technology company’s stock after buying an additional 9,683 shares during the quarter. Osborne Partners Capital Management LLC’s holdings in Block were worth $14,433,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC increased its holdings in shares of Block by 57.1% in the 4th 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 in the last quarter. Rachor Investment Advisory Services LLC acquired a new position in Block during the fourth quarter worth about $32,000. EverSource Wealth Advisors LLC increased its holdings in Block by 59.0% in the third quarter. EverSource Wealth Advisors LLC now owns 528 shares of the technology company’s stock valued at $38,000 after buying an additional 196 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in Block by 57.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock valued at $40,000 after buying an additional 223 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Block during the 2nd quarter valued at approximately $43,000. 70.44% of the stock is owned by institutional investors and hedge funds.

Block Trading Down 0.1%

Shares of Block stock opened at $78.71 on Friday. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $82.50. 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 business has a 50 day moving average price of $72.16 and a 200 day moving average price of $65.65. The company has a market capitalization of $46.85 billion, a P/E ratio of 61.50, a P/E/G ratio of 1.00 and a beta of 2.54.

Block (NYSE:XYZ) last announced its earnings results on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.55. The firm had revenue of $6.06 billion for the quarter. Block had a return on equity of 7.02% and a net margin of 3.30%.Block’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company 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. Sell-side analysts anticipate that Block, Inc. will post 2.48 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Cantor Fitzgerald boosted their price target on Block from $78.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Craig Hallum started coverage on Block in a report on Tuesday. They set a “buy” rating for the company. Keefe, Bruyette & Woods lifted their price objective on 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 target price on Block from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Rosenblatt Securities set a $100.00 target price on Block in a report on Tuesday. Four analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $87.56.

Insiders Place Their Bets

In related news, CFO Amrita Ahuja sold 8,093 shares of Block stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $75.00, for a total transaction of $606,975.00. Following the completion of the sale, the chief financial officer owned 463,246 shares in the company, valued at approximately $34,743,450. This trade represents a 1.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony Mathew Eisen sold 36,000 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $79.83, for a total transaction of $2,873,880.00. Following the completion of the transaction, the director directly owned 1,874,672 shares of the company’s stock, valued at $149,655,065.76. The trade was a 1.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 291,773 shares of company stock worth $22,057,296. Corporate insiders own 11.37% of the company’s stock.

Block 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.