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 dated Thursday, August 6th. The shares were sold at an average price of $83.07, for a total value of $498,420.00. Following the completion of the sale, the director directly owned 1,560,672 shares of the company’s stock, valued at approximately $129,645,023.04. The trade was a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 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 value of $3,519,850.00.
• On Monday, August 3rd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $81.52, for a total value 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.
• On Wednesday, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.22, for a total transaction of $493,320.00.
• 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 stock was sold at an average price of $78.91, for a total value of $473,460.00.
• On Wednesday, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.66, for a total value of $459,960.00.

Block Stock Down 5.7%

Shares of Block stock opened at $79.36 on Friday. The stock’s 50-day moving average is $76.64 and its 200 day moving average is $67.95. Block, Inc. has a one year low of $48.21 and a one year high of $86.75. The firm has a market cap of $47.23 billion, a price-to-earnings ratio of 141.72, a PEG ratio of 1.06 and a beta of 2.53. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99.

Block (NYSE:XYZ) last issued its earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.54. Block had a return on equity of 8.09% 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 firm posted $0.62 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. Equities research analysts anticipate that Block, Inc. will post 2.48 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. bought a new stake in Block during the second quarter worth $535,305,000. Norges Bank bought a new position in Block during the 4th quarter valued at $484,387,000. Viking Global Investors LP bought a new position in Block during the 2nd quarter valued at $368,213,000. Capital World Investors boosted its holdings in Block by 41.8% during the 4th quarter. Capital World Investors now owns 16,023,441 shares of the technology company’s stock worth $1,042,966,000 after acquiring an additional 4,727,217 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Block by 528.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,309,296 shares of the technology company’s stock worth $199,153,000 after acquiring an additional 2,782,523 shares during the last quarter. 70.44% of the stock is currently owned by institutional investors and hedge funds.

More Block News

Here are the key news stories impacting Block this week:

• Positive Sentiment: Block beat second-quarter expectations. Adjusted earnings were $1.02 per share, ahead of estimates of $0.48–$0.86 and up from $0.62 a year earlier. Revenue rose 9.3% year over year to $6.62 billion, supported by strength in Cash App and Square. Block Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its earnings outlook. Block forecast third-quarter EPS of $1.02, above the $0.93 consensus, and lifted fiscal 2026 EPS guidance to $4.02 from expectations of $3.62. Management also highlighted 25% gross-profit growth, record margins and momentum from AI-driven products. Block Q2 Earnings Call Highlights
• Positive Sentiment: Analysts increased their targets. TD Cowen raised its target to $105, while RBC, Keefe Bruyette & Woods, Susquehanna and Needham also lifted targets, generally maintaining bullish ratings. Cantor Fitzgerald reaffirmed its overweight rating with a $95 target.
• Neutral Sentiment: Options activity was unusually bullish. Investors purchased 42,107 call options, approximately 55% above typical daily call volume, suggesting increased speculative interest but not guaranteeing sustained buying.
• Negative Sentiment: Insiders sold shares. Director Anthony Mathew Eisen sold 47,000 shares for roughly $4.0 million across two transactions, while Brian Grassadonia sold 25,908 shares for about $2.1 million. All sales were conducted under pre-arranged Rule 10b5-1 plans, reducing their negative significance, but the transactions may still pressure sentiment.
• Negative Sentiment: Valuation and expectations remain elevated. With a high P/E ratio and the stock near its 52-week high, investors may be taking profits even after the earnings beat. Future gains will likely depend on Block converting AI initiatives, cost reductions and Cash App/Square growth into durable profitability.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. William Blair lowered shares of Block to a “market perform” rating in a research note on Tuesday, June 30th. TD Cowen increased their price objective on shares of Block from $101.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings upgraded Block from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 1st. Oppenheimer reaffirmed an “outperform” rating and issued a $97.00 target price on shares of Block in a research report on Thursday. Finally, Jefferies Financial Group began coverage on Block in a research note on Tuesday, June 30th. They set a “hold” rating on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.75.

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.