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 company’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $76.66, for a total value of $459,960.00. Following the completion of the transaction, the director directly owned 1,856,672 shares in the company, valued at approximately $142,332,475.52. This represents a 0.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 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 value of $472,620.00.
  • On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The shares were 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.
  • 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 transaction of $445,680.00.
  • On Wednesday, June 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 stock was 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.

Block Stock Down 1.3%

NYSE XYZ opened at $76.53 on Thursday. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. The company has a market cap of $45.55 billion, a price-to-earnings ratio of 59.79, a PEG ratio of 0.98 and a beta of 2.54. The company has a 50 day moving average of $72.56 and a 200-day moving average of $65.95. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $82.50.

Block (NYSE:XYZGet Free Report) last issued 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. Block had a return on equity of 7.02% and a net margin of 3.30%.The business had revenue of $6.06 billion for the quarter. During the same period in the prior year, the company earned $0.56 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. 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, equities research analysts expect that Block, Inc. will post 2.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Canaccord Genuity Group increased their target price on Block from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Oppenheimer cut shares of Block from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Piper Sandler upgraded shares of Block from an “underweight” rating to an “overweight” rating and increased their price objective for the stock from $58.00 to $100.00 in a research note on Monday, June 29th. Craig Hallum initiated coverage on shares of Block in a report on Tuesday, June 30th. They issued a “buy” rating on the stock. Finally, Loop Capital started coverage on shares of Block in a report on Tuesday, March 31st. They issued a “buy” rating and a $75.00 target price on the stock. Four research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $87.91.

Check Out Our Latest Research Report on XYZ

Hedge Funds Weigh In On Block

A number of institutional investors have recently modified their holdings of the business. Capital World Investors lifted its position in shares of Block by 41.8% during the 4th quarter. Capital World Investors now owns 16,023,441 shares of the technology company’s stock worth $1,042,966,000 after buying an additional 4,727,217 shares during the last quarter. Geode Capital Management LLC boosted its stake in Block by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 14,406,899 shares of the technology company’s stock valued at $934,121,000 after buying an additional 67,560 shares in the last quarter. Sands Capital Management LLC grew its position in Block by 12.2% in the third quarter. Sands Capital Management LLC now owns 11,603,057 shares of the technology company’s stock valued at $838,553,000 after acquiring an additional 1,262,317 shares during the last quarter. Ameriprise Financial Inc. bought a new position in Block in the second quarter valued at about $535,305,000. Finally, Norges Bank acquired a new position in Block during the fourth quarter worth about $484,387,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

About Block

(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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