174,886 Shares in Block, Inc. $XYZ Bought by Nykredit A S

Posted by Stanley Muller on Sep 5th, 2026

Nykredit A S acquired a new stake in shares of Block, Inc. (NYSE:XYZ – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 174,886 shares of the technology company’s stock, valued at approximately $13,291,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Baird Financial Group Inc. purchased a new stake in shares of Block in the 2nd quarter valued at about $1,866,000. Brown Advisory Inc. purchased a new position in shares of Block during the second quarter worth about $516,000. Jump Financial LLC purchased a new position in shares of Block during the second quarter worth about $385,000. Federated Hermes Inc. bought a new position in shares of Block in the second quarter worth approximately $53,000. Finally, Cerity Partners LLC bought a new position in shares of Block in the second quarter worth approximately $1,861,000. 70.44% of the stock is currently owned by institutional investors.

Block Trading Down 0.6%

XYZ stock opened at $82.83 on Friday. The company has a market capitalization of $49.76 billion, a PE ratio of 147.91, a price-to-earnings-growth ratio of 0.88 and a beta of 2.52. Block, Inc. has a one year low of $48.21 and a one year high of $86.92. The company’s 50 day moving average price is $80.35 and its two-hundred day moving average price is $71.08. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.21.

Block (NYSE:XYZ – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.54. Block had a net margin of 1.43% and a return on equity of 8.10%. The company had revenue of $6.62 billion during the quarter. During the same period last year, the company posted $0.62 EPS. Block’s revenue for the quarter was up 9.3% on a year-over-year basis. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. As a group, analysts predict that Block, Inc. will post 2.72 earnings per share for the current fiscal year.

Insider Buying and Selling at Block

In other news, insider Owen Jennings sold 1,317 shares of Block stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $81.48, for a total value of $107,309.16. Following the transaction, the insider owned 460,128 shares in the company, valued at approximately $37,491,229.44. The trade was a 0.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amrita Ahuja sold 9,511 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $82.43, for a total value of $783,991.73. Following the completion of the sale, the chief financial officer directly owned 423,262 shares of the company’s stock, valued at approximately $34,889,486.66. This trade represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 384,006 shares of company stock valued at $30,695,321. Company insiders own 11.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on XYZ shares. Barclays initiated coverage on shares of Block in a research report on Tuesday, July 7th. They set an “overweight” rating and a $100.00 target price for the company. Wall Street Zen upgraded shares of Block from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Needham & Company LLC lifted their price objective on shares of Block from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Robert W. Baird set a $105.00 target price on shares of Block in a research report on Thursday, August 6th. Finally, Scotiabank started coverage on Block in a research note on Wednesday. They issued a “sector perform” rating and a $82.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Block has an average rating of “Moderate Buy” and a consensus target price of $95.42.

Get Our Latest Analysis on XYZ

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.

174,886 Shares in Block, Inc. $XYZ Bought by Nykredit A S

Block Trading Down 0.6%

Insider Buying and Selling at Block

Wall Street Analysts Forecast Growth

Block Profile

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