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

Block, Inc. (NYSE:XYZ – Get Free Report) Director Anthony Eisen sold 6,000 shares of Block stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $75.75, for a total transaction of $454,500.00. Following the completion of the transaction, the director directly owned 1,290,672 shares of the company’s stock, valued at $97,768,404. This trade represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 7th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.35, for a total transaction of $452,100.00.
  • On Monday, October 5th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.24, for a total transaction of $445,440.00.
  • On Friday, October 2nd, Anthony Eisen sold 6,000 shares of Block stock. The shares were 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 shares were 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 stock was 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 shares were 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 shares were sold at an average price of $77.54, for a total value of $465,240.00.
  • On Friday, September 18th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.55, for a total value of $459,300.00.
  • On Wednesday, September 16th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.36, for a total value of $470,160.00.

Block Stock Performance

XYZ stock traded up $2.11 during mid-day trading on Friday, reaching $77.34. The company had a trading volume of 5,232,356 shares, compared to its average volume of 6,232,754. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $46.46 billion, a P/E ratio of 138.11, a P/E/G ratio of 0.80 and a beta of 2.55. Block, Inc. has a one year low of $48.21 and a one year high of $86.92. The stock’s 50-day simple moving average is $79.29 and its two-hundred day simple moving average is $74.22.

Block (NYSE:XYZ – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.54. The company had revenue of $6.62 billion during the quarter. Block had a net margin of 1.43% and a return on equity of 8.10%. The business’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm posted $0.62 EPS. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. Research analysts anticipate that Block, Inc. will post 2.74 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on XYZ shares. Robert W. Baird upped their target price on shares of Block from $105.00 to $106.00 and gave the stock an “outperform” rating in a research report on Friday, October 2nd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $95.00 price target on shares of Block in a report on Friday, September 25th. Citigroup boosted their price objective on Block from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Barclays started coverage on Block in a report on Tuesday, July 7th. They issued an “overweight” rating and a $100.00 price objective for the company. Finally, Canaccord Genuity Group raised their target price on Block from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Four research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $95.45.

Check Out Our Latest Analysis on Block

Hedge Funds Weigh In On Block

Several large investors have recently bought and sold shares of the stock. GK Wealth Management LLC acquired a new stake in shares of Block in the 3rd quarter worth approximately $112,000. Wedmont Private Capital increased its stake in shares of Block by 12.4% during the third quarter. Wedmont Private Capital now owns 9,564 shares of the technology company’s stock valued at $720,000 after acquiring an additional 1,058 shares during the period. GAMMA Investing LLC increased its stake in shares of Block by 9.7% during the third quarter. GAMMA Investing LLC now owns 13,846 shares of the technology company’s stock valued at $1,018,000 after acquiring an additional 1,228 shares during the period. Farther Finance Advisors LLC raised its holdings in Block by 40.2% during the third quarter. Farther Finance Advisors LLC now owns 12,032 shares of the technology company’s stock worth $885,000 after purchasing an additional 3,453 shares in the last quarter. Finally, CoreCap Advisors LLC raised its holdings in Block by 44.4% during the third quarter. CoreCap Advisors LLC now owns 1,626 shares of the technology company’s stock worth $120,000 after purchasing an additional 500 shares in the last quarter. Institutional investors and hedge funds own 70.44% of the company’s stock.

Block Company Profile

(Get Free Report)

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.

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

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