Block (NYSE:XYZ) Director Sells $473,580.00 in Stock

Block, Inc. (NYSE:XYZGet Free Report) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $78.93, for a total value of $473,580.00. Following the transaction, the director owned 1,922,672 shares of the company’s stock, valued at $151,756,500.96. This trade represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 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 stock was 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 value of $445,680.00.
  • On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 stock was sold at an average price of $69.78, for a total transaction of $418,680.00.
  • On Wednesday, June 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $66.64, for a total transaction of $399,840.00.
  • On Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $68.22, for a total transaction of $409,320.00.
  • On Thursday, June 4th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $70.84, for a total transaction of $425,040.00.
  • On Monday, June 1st, Anthony Mathew Eisen sold 135,750 shares of Block stock. The stock was sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Stock Performance

Shares of XYZ stock opened at $77.13 on Thursday. The company has a market cap of $45.91 billion, a P/E ratio of 60.26, a PEG ratio of 0.96 and a beta of 2.54. The firm has a fifty day moving average price of $71.90 and a 200 day moving average price of $65.46. 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, Inc. has a 12 month low of $48.21 and a 12 month high of $82.50.

Block (NYSE:XYZGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.55. The company had revenue of $6.06 billion during the quarter. Block had a return on equity of 7.02% and a net margin of 3.30%.The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $0.56 earnings per share. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Sell-side analysts predict that Block, Inc. will post 2.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

XYZ has been the topic of several recent analyst reports. BMO Capital Markets assumed coverage on shares of Block in a research note on Tuesday. They issued an “outperform” rating on the stock. Oppenheimer cut shares of Block from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Royal Bank Of Canada upped their price objective on shares of Block from $90.00 to $93.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Wall Street Zen upgraded Block from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Zacks Research raised Block from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $87.09.

View Our Latest Report on XYZ

Institutional Investors Weigh In On Block

A number of institutional investors and hedge funds have recently made changes to their positions in XYZ. Inceptionr LLC lifted its holdings in shares of Block by 455.1% during the third quarter. Inceptionr LLC now owns 19,480 shares of the technology company’s stock worth $1,408,000 after purchasing an additional 15,971 shares during the period. Allstate Corp increased its stake in Block by 91.9% in the 4th 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 raised its position in 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 buying an additional 15,670 shares during the last quarter. National Pension Service raised its position in 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 buying an additional 64,674 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in shares of Block by 42.2% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 134,684 shares of the technology company’s stock worth $9,734,000 after acquiring an additional 40,000 shares during the period. 70.44% of the stock is owned by hedge funds and other institutional investors.

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.

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