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

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $76.40, for a total value of $458,400.00. Following the completion of the transaction, the director owned 1,910,672 shares in the company, valued at approximately $145,975,340.80. This trade represents a 0.31% decrease in their position. The transaction was disclosed in a filing 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 Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The shares were sold at an average price of $79.83, for a total value of $2,873,880.00.
• On Monday, June 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.93, for a total value of $473,580.00.
• On Friday, June 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.80, for a total transaction of $448,800.00.
• On Wednesday, June 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.01, for a total transaction of $444,060.00.
• On Monday, June 22nd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.28, for a total transaction of $445,680.00.
• On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.10, for a total transaction of $444,600.00.
• On Monday, June 15th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $72.26, for a total transaction of $433,560.00.
• On Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $69.78, for a total value of $418,680.00.
• On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $66.64, for a total value of $399,840.00.
• On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $68.22, for a total transaction of $409,320.00.

Block Stock Up 2.1%

XYZ stock traded up $1.58 during mid-day trading on Thursday, reaching $78.71. The company had a trading volume of 5,478,450 shares, compared to its average volume of 5,918,765. The firm has a fifty day simple moving average of $72.04 and a 200 day simple moving average of $65.56. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99. The company has a market capitalization of $46.85 billion, a price-to-earnings ratio of 61.50, a price-to-earnings-growth ratio of 0.98 and a beta of 2.54. Block, Inc. has a fifty-two week low of $48.21 and a fifty-two week high of $82.50.

Block (NYSE:XYZ) last released its earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, topping 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 firm had revenue of $6.06 billion for the quarter. During the same quarter in the previous year, the company posted $0.56 earnings per share. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Analysts forecast that Block, Inc. will post 2.48 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Block

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC grew its holdings in Block by 57.1% in the fourth 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 during the last quarter. Rachor Investment Advisory Services LLC acquired a new position in shares of Block during the 4th quarter worth $32,000. Global Assets Advisory LLC purchased a new stake in shares of Block in the 1st quarter worth about $31,000. EverSource Wealth Advisors LLC grew its stake in Block by 59.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 528 shares of the technology company’s stock valued at $38,000 after acquiring an additional 196 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in Block by 57.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock valued at $40,000 after acquiring an additional 223 shares in the last quarter. 70.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on XYZ shares. Deutsche Bank Aktiengesellschaft raised shares of Block to a “buy” rating in a research report on Tuesday. The Goldman Sachs Group upgraded Block from a “buy” rating to a “buy” rating in a research report on Tuesday. Robert W. Baird boosted their price objective on Block from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday. Bank of America lowered their target price on shares of Block from $85.00 to $80.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Finally, William Blair cut shares of Block to a “market perform” rating in a report on Tuesday. Four research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.56.

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.