Block (NYSE:XYZ) Insider Brian Grassadonia Sells 8,166 Shares

Posted by Brenda Bartman on May 23rd, 2026

Block, Inc. (NYSE:XYZ – Get Free Report) insider Brian Grassadonia sold 8,166 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $68.01, for a total value of $555,369.66. Following the sale, the insider owned 601,002 shares in the company, valued at $40,874,146.02. This represents a 1.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Brian Grassadonia also recently made the following trade(s):

On Monday, April 6th, Brian Grassadonia sold 1,769 shares of Block stock. The stock was sold at an average price of $60.25, for a total value of $106,582.25.
On Tuesday, February 24th, Brian Grassadonia sold 10,349 shares of Block stock. The stock was sold at an average price of $50.00, for a total value of $517,450.00.

Block Trading Down 0.9%

NYSE XYZ opened at $68.05 on Friday. The business’s 50-day moving average price is $65.73 and its two-hundred day moving average price is $63.78. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $82.50. The firm has a market capitalization of $40.50 billion, a PE ratio of 53.17, a price-to-earnings-growth ratio of 0.90 and a beta of 2.57. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26.

Block (NYSE:XYZ – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.55. Block had a return on equity of 7.02% and a net margin of 3.30%.The firm had revenue of $6.06 billion for the quarter. During the same quarter last year, the firm posted $0.56 EPS. The company’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. On average, analysts expect that Block, Inc. will post 2.4 EPS for the current year.

Analyst Ratings Changes

XYZ has been the topic of a number of research reports. Needham & Company LLC upped their price target on Block from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Canaccord Genuity Group upped their price objective on Block from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Rothschild & Co Redburn upgraded Block from a “sell” rating to a “neutral” rating and upped their price objective for the company from $45.00 to $55.00 in a research note on Wednesday, March 18th. Royal Bank Of Canada raised their target price on Block from $90.00 to $93.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Keefe, Bruyette & Woods raised their target price on Block from $85.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Block has an average rating of “Moderate Buy” and an average target price of $84.94.

View Our Latest Analysis on Block

Institutional Investors Weigh In On Block

Several large investors have recently added to or reduced their stakes in XYZ. Vanguard Group Inc. lifted its stake in Block by 23.1% during the third quarter. Vanguard Group Inc. now owns 67,626,485 shares of the technology company’s stock worth $4,887,366,000 after purchasing an additional 12,709,824 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in Block during the 2nd quarter valued at about $535,305,000. Norges Bank purchased a new position in Block during the 4th quarter valued at about $484,387,000. Capital World Investors boosted its position in Block by 192.7% during the 3rd quarter. Capital World Investors now owns 11,296,224 shares of the technology company’s stock valued at $816,378,000 after acquiring an additional 7,436,380 shares in the last quarter. Finally, Viking Global Investors LP bought a new stake in Block during the 2nd quarter valued at approximately $368,213,000. 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.