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

Block, Inc. (NYSE:XYZ) Director Anthony Eisen sold 6,000 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $76.97, for a total transaction of $461,820.00. Following the sale, the director directly owned 1,284,672 shares of the company’s stock, valued at $98,881,203.84. This represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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, October 14th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.70, for a total value of $454,200.00.
• On Friday, October 9th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.75, for a total value of $454,500.00.
• On Wednesday, October 7th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.35, for a total value of $452,100.00.
• On Monday, October 5th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.24, for a total value of $445,440.00.
• On Friday, October 2nd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.61, for a total value of $453,660.00.
• On Wednesday, September 30th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.33, for a total value of $445,980.00.
• On Monday, September 28th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.20, for a total value of $451,200.00.
• On Friday, September 25th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.90, for a total value of $461,400.00.
• On Wednesday, September 23rd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.67, for a total value of $460,020.00.
• On Monday, September 21st, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $77.54, for a total transaction of $465,240.00.

Block Stock Up 5.3%

XYZ opened at $79.91 on Friday. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $86.92. The firm has a 50 day moving average price of $78.79 and a 200 day moving average price of $74.86. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.21. The company has a market cap of $48.01 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 0.79 and a beta of 2.55.

Block (NYSE:XYZ) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.54. The firm had revenue of $6.62 billion for the quarter. Block had a net margin of 1.43% and a return on equity of 8.10%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $0.62 earnings per share. 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 expect that Block, Inc. will post 2.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on XYZ shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $95.00 price target on shares of Block in a research report on Friday, September 25th. Keefe, Bruyette & Woods raised their price objective on Block from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Piper Sandler raised their price objective on Block from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Susquehanna boosted their price objective on Block from $90.00 to $100.00 and gave the stock a “positive” rating in a research note on Thursday, August 6th. Finally, KeyCorp upped their target price on Block from $105.00 to $108.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Block currently has an average rating of “Moderate Buy” and a consensus price target of $95.39.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in XYZ. Hsbc Holdings PLC increased its position in shares of Block by 7.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,223,824 shares of the technology company’s stock worth $79,749,000 after acquiring an additional 82,446 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Block during the 2nd quarter worth approximately $366,000. PNC Financial Services Group Inc. lifted its stake in Block by 35.7% in the first quarter. PNC Financial Services Group Inc. now owns 69,637 shares of the technology company’s stock valued at $4,191,000 after buying an additional 18,326 shares during the last quarter. Swiss National Bank boosted its stake in Block by 6.7% during the 1st quarter. Swiss National Bank now owns 1,607,286 shares of the technology company’s stock valued at $96,726,000 after purchasing an additional 101,300 shares during the period. Finally, Old Mission Investment Co LLC acquired a new position in shares of Block during the second quarter worth approximately $1,513,000. 70.44% of the stock is owned by institutional investors and hedge funds.

Block Company Profile

Block, Inc (NYSE:XYZ), formerly known as Square, is a financial technology company that develops tools for businesses, consumers and creators. Founded in 2009 by Jack Dorsey and Jim McKelvey, the company changed its corporate name to Block in 2021 to reflect the expansion of its operations beyond its original seller-payments business.

Block’s Square ecosystem provides payment processing, point-of-sale hardware and software, business banking, invoicing, payroll, inventory management and other services for merchants.