Lido Advisors LLC Lowers Holdings in Block, Inc. $XYZ

Posted by Brian Himes on Jul 27th, 2026

Lido Advisors LLC trimmed its position in Block, Inc. (NYSE:XYZ – Free Report) by 29.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,843 shares of the technology company’s stock after selling 13,004 shares during the period. Lido Advisors LLC’s holdings in Block were worth $1,916,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Sound Income Strategies LLC grew its holdings in shares of Block by 57.1% during the fourth quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock worth $29,000 after purchasing an additional 161 shares in the last quarter. Rachor Investment Advisory Services LLC bought a new position in shares of Block in the 4th quarter worth $32,000. Global Assets Advisory LLC bought a new position in shares of Block in the 1st quarter worth $31,000. Cary Street Partners Investment Advisory LLC raised its position in shares of Block by 57.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock valued at $40,000 after buying an additional 223 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in Block during the second quarter valued at about $43,000. Institutional investors own 70.44% of the company’s stock.

Block Stock Up 0.1%

Shares of NYSE:XYZ opened at $77.19 on Monday. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $84.08. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.99 and a quick ratio of 1.99. The stock’s 50-day moving average is $74.44 and its 200 day moving average is $67.06. The company has a market cap of $45.94 billion, a PE ratio of 60.31, a P/E/G ratio of 0.97 and a beta of 2.54.

Block (NYSE:XYZ – Get Free Report) last posted its earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.55. The firm had revenue of $6.06 billion for the quarter. Block had a return on equity of 7.02% and a net margin of 3.30%.Block’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $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 anticipate that Block, Inc. will post 2.48 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on XYZ shares. Deutsche Bank Aktiengesellschaft upgraded Block to a “buy” rating in a report on Tuesday, June 30th. Wall Street Zen raised shares of Block from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Canaccord Genuity Group increased their target price on shares of Block from $80.00 to $85.00 and gave the company a “buy” rating in a report on Monday, May 18th. The Goldman Sachs Group upgraded shares of Block from a “buy” rating to a “buy” rating in a research report on Tuesday, June 30th. Finally, BMO Capital Markets lifted their price objective on Block from $78.00 to $85.00 and gave the stock a “market perform” rating in a report on Wednesday. Four research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Block has a consensus rating of “Moderate Buy” and a consensus price target of $89.84.

Get Our Latest Stock Analysis on Block

Insider Buying and Selling at Block

In related news, insider Brian Grassadonia sold 43,348 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $80.00, for a total transaction of $3,467,840.00. Following the transaction, the insider owned 557,654 shares in the company, valued at $44,612,320. The trade was a 7.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony Mathew Eisen sold 6,000 shares of the stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $78.35, for a total transaction of $470,100.00. Following the completion of the transaction, the director directly owned 1,838,672 shares of the company’s stock, valued at approximately $144,059,951.20. The trade was a 0.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 323,300 shares of company stock worth $24,742,756. 11.37% of the stock is currently owned by company insiders.

Block Profile

(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.

Lido Advisors LLC Lowers Holdings in Block, Inc. $XYZ

Block Stock Up 0.1%

Analysts Set New Price Targets

Insider Buying and Selling at Block

Block Profile

Further Reading

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