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

Block, Inc. (NYSE:XYZGet Free Report) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.87, for a total transaction of $497,220.00. Following the transaction, the director directly owned 1,524,672 shares of the company’s stock, valued at $126,349,568.64. This represents a 0.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.62, for a total value of $471,720.00.
  • On Monday, August 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.47, for a total value of $470,820.00.
  • On Thursday, August 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $83.07, for a total value of $498,420.00.
  • 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 stock was 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 shares were sold at an average price of $82.27, for a total value 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 value of $493,320.00.
  • On Monday, July 27th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 shares were 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 shares were sold at an average price of $79.13, for a total transaction of $474,780.00.

Block Stock Down 0.4%

Shares of Block stock opened at $82.73 on Friday. 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 stock has a market capitalization of $49.24 billion, a PE ratio of 147.73, a price-to-earnings-growth ratio of 0.95 and a beta of 2.53. Block, Inc. has a 52-week low of $48.21 and a 52-week high of $86.75. The company has a 50-day simple moving average of $77.57 and a two-hundred day simple moving average of $68.57.

Block (NYSE:XYZGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.54. Block had a net margin of 1.43% and a return on equity of 8.10%. The firm had revenue of $6.62 billion for the quarter. During the same quarter in the previous year, the company earned $0.62 EPS. The company’s quarterly revenue 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. On average, analysts anticipate that Block, Inc. will post 2.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Zacks Research lowered Block from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Monness Crespi & Hardt increased their price objective on Block from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Morgan Stanley reiterated an “overweight” rating on shares of Block in a report on Wednesday, August 5th. Robert W. Baird set a $105.00 target price on Block in a research report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Block from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $95.23.

Check Out Our Latest Report on XYZ

Institutional Trading of Block

Several large investors have recently modified their holdings of XYZ. Allstate Corp grew its position in Block by 91.9% during the fourth quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock valued at $2,557,000 after buying an additional 18,812 shares during the period. Moran Wealth Management LLC boosted its stake in shares of Block by 37.3% during the 4th quarter. Moran Wealth Management LLC now owns 57,651 shares of the technology company’s stock worth $3,753,000 after acquiring an additional 15,670 shares during the last quarter. National Pension Service boosted its stake in shares of Block by 8.4% during the 4th quarter. National Pension Service now owns 833,124 shares of the technology company’s stock worth $54,228,000 after acquiring an additional 64,674 shares during the last quarter. Hsbc Holdings PLC boosted its stake in shares of Block by 7.2% during the 4th 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. Finally, Mawer Investment Management Ltd. bought a new stake in shares of Block during the 4th quarter valued at $3,062,000. Institutional investors own 70.44% of the company’s stock.

Block Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Block (NYSE:XYZ)

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