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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of Block stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $81.48, for a total value of $488,880.00. Following the completion of the sale, the director directly owned 1,488,672 shares in the company, valued at approximately $121,296,994.56. This represents a 0.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through 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 Friday, August 21st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $80.04, for a total value of $480,240.00.
• On Wednesday, August 19th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $79.55, for a total value of $477,300.00.
• On Monday, August 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.63, for a total value of $489,780.00.
• On Friday, August 14th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.87, for a total value of $497,220.00.
• On Wednesday, August 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.62, for a total value of $471,720.00.
• On Monday, August 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.47, for a total value of $470,820.00.
• On Thursday, August 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $83.07, for a total transaction of $498,420.00.
• On Wednesday, August 5th, Anthony Mathew Eisen sold 41,000 shares of Block stock. The stock was sold at an average price of $85.85, for a total transaction of $3,519,850.00.
• On Monday, August 3rd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $81.52, for a total transaction 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 transaction of $493,620.00.

Block Stock Down 1.0%

Shares of XYZ stock opened at $81.38 on Tuesday. Block, Inc. has a 52-week low of $48.21 and a 52-week high of $86.75. The stock has a market cap of $48.89 billion, a price-to-earnings ratio of 145.31, a PEG ratio of 0.92 and a beta of 2.53. The firm’s 50-day moving average is $78.89 and its 200-day moving average is $69.40. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.21.

Block (NYSE:XYZ) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.54. Block had a return on equity of 8.10% and a net margin of 1.43%.The business had revenue of $6.62 billion during the quarter. During the same quarter in the previous year, the business posted $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. Sell-side analysts predict that Block, Inc. will post 2.69 EPS for the current year.

Institutional Investors Weigh In On Block

A number of large investors have recently added to or reduced their stakes in XYZ. Raiffeisen Bank International AG raised its holdings in Block by 0.3% in the 2nd quarter. Raiffeisen Bank International AG now owns 44,901 shares of the technology company’s stock valued at $3,503,000 after acquiring an additional 148 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of 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 acquiring an additional 179 shares during the period. Merit Financial Group LLC grew its holdings in shares of Block by 3.7% during the 4th quarter. Merit Financial Group LLC now owns 5,270 shares of the technology company’s stock worth $343,000 after purchasing an additional 188 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of Block by 3.3% during the 2nd quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company’s stock worth $462,000 after purchasing an additional 193 shares in the last quarter. Finally, Carson Advisory Inc. increased its position in shares of Block by 2.6% in the first quarter. Carson Advisory Inc. now owns 8,035 shares of the technology company’s stock worth $484,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 70.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on XYZ. Cantor Fitzgerald reissued an “overweight” rating and issued a $95.00 price target on shares of Block in a report on Thursday, August 6th. Royal Bank Of Canada increased their target price on Block from $93.00 to $95.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. William Blair lowered Block to a “market perform” rating in a report on Tuesday, June 30th. Clear Str raised Block to a “hold” rating in a report on Thursday, July 16th. Finally, Craig Hallum initiated coverage on shares of Block in a research note on Tuesday, June 30th. They issued a “buy” rating on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.23.

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.