Insider Selling: Block (NYSE:XYZ) Director Sells $474,780.00 in Stock

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $79.13, for a total value of $474,780.00. Following the sale, the director directly owned 1,679,672 shares in the company, valued at $132,912,445.36. This trade represents a 0.36% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.22, for a total value 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 value 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 Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 shares were sold at an average price of $78.91, for a total transaction 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 transaction of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.77, for a total transaction of $472,620.00.
• On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The stock was sold at an average price of $79.83, for a total transaction of $2,873,880.00.
• On Wednesday, July 1st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.40, for a total transaction of $458,400.00.
• 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 transaction of $473,580.00.

Block Trading Up 0.7%

Block stock opened at $82.73 on Friday. The stock has a market cap of $49.24 billion, a P/E ratio of 64.63, a PEG ratio of 1.03 and a beta of 2.54. Block, Inc. has a fifty-two week low of $48.21 and a fifty-two week high of $84.08. The firm’s fifty day moving average price is $75.43 and its 200-day moving average price is $67.40. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99.

Block (NYSE:XYZ) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.55. Block had a return on equity of 7.02% and a net margin of 3.30%.The company had revenue of $6.06 billion during the quarter. During the same period in the prior year, the business posted $0.56 EPS. Block’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. Equities research analysts forecast that Block, Inc. will post 2.48 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. purchased a new position in shares of Block in the second quarter worth $535,305,000. Norges Bank purchased a new stake in Block during the 4th quarter valued at $484,387,000. Viking Global Investors LP purchased a new stake in Block during the 2nd quarter valued at $368,213,000. Capital World Investors grew its holdings in Block by 41.8% in 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 grew its holdings in Block by 528.2% in 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. Institutional investors own 70.44% of the company’s stock.

Wall Street Analyst Weigh In

XYZ has been the subject of a number of research analyst reports. KeyCorp lifted their price target on Block from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. BMO Capital Markets raised their target price on shares of Block from $78.00 to $85.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Barclays assumed coverage on shares of Block in a research report on Tuesday, July 7th. They set an “overweight” rating and a $100.00 target price for the company. Cantor Fitzgerald lifted their price objective on shares of Block from $88.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft raised Block to a “buy” rating in a research note on Tuesday, June 30th. Four research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Block currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.84.

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.