Block (NYSE:XYZ) Director Anthony Mathew Eisen Sells 135,750 Shares

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 135,750 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50. Following the completion of the sale, the director owned 2,032,990 shares of the company’s stock, valued at approximately $156,153,961.90. This represents a 6.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Block Stock Performance

Shares of XYZ stock opened at $69.96 on Thursday. The company has a market cap of $41.64 billion, a P/E ratio of 54.66, a P/E/G ratio of 0.96 and a beta of 2.56. 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 firm has a 50-day moving average of $67.78 and a 200-day moving average of $63.95. Block, Inc. has a one year low of $48.21 and a one year high of $82.50.

Block (NYSE:XYZ) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.55. Block had a net margin of 3.30% and a return on equity of 7.02%. The company had revenue of $6.06 billion during the quarter. During the same quarter last year, the business posted $0.56 earnings per share. Block’s revenue was up 4.9% compared to the same quarter last year. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Equities research analysts forecast that Block, Inc. will post 2.42 EPS for the current fiscal year.

Institutional Investors Weigh In On Block

A number of institutional investors have recently added to or reduced their stakes in XYZ. Cary Street Partners Investment Advisory LLC purchased a new stake in Block during the 3rd quarter valued at approximately $28,000. Sound Income Strategies LLC grew its holdings in Block by 57.1% during the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock valued at $29,000 after buying an additional 161 shares in the last quarter. Global Assets Advisory LLC purchased a new position in shares of Block in the first quarter valued at $31,000. Rachor Investment Advisory Services LLC purchased a new position in shares of Block in the fourth quarter valued at $32,000. Finally, 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 in the last quarter. 70.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Loop Capital assumed coverage on shares of Block in a research report on Tuesday, March 31st. They set a “buy” rating and a $75.00 price objective on the stock. Truist Financial boosted their price objective on shares of Block from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Citigroup boosted their target price on shares of Block from $85.00 to $100.00 and gave the company a “buy” rating in a report on Friday, May 8th. Keefe, Bruyette & Woods boosted their target price on shares of Block from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Arete Research raised shares of Block from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 3rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Block currently has a consensus rating of “Moderate Buy” and an average price target of $85.12.

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.