Block (NYSE:XYZ) Stock: Insider Anthony Mathew Eisen Sells 6,000 Shares

Block, Inc. (NYSE:XYZ – Get Free Report) Director Anthony Eisen sold 6,000 shares of the business’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $76.90, for a total value of $461,400.00. Following the sale, the director owned 1,350,672 shares in the company, valued at approximately $103,866,676.80. The trade was a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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, September 28th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.20, for a total transaction of $451,200.00.
  • On Wednesday, September 23rd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.67, for a total transaction of $460,020.00.
  • On Monday, September 21st, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $77.54, for a total transaction of $465,240.00.
  • On Friday, September 18th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.55, for a total transaction of $459,300.00.
  • On Wednesday, September 16th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.36, for a total transaction of $470,160.00.
  • On Monday, September 14th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.96, for a total transaction of $473,760.00.
  • On Thursday, September 10th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.39, for a total transaction of $470,340.00.
  • On Tuesday, September 8th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.18, for a total transaction of $493,080.00.
  • On Friday, September 4th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.51, for a total transaction of $495,060.00.
  • On Wednesday, September 2nd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $77.30, for a total value of $463,800.00.

Block Stock Performance

Shares of NYSE XYZ traded down $3.10 during trading on Monday, reaching $73.32. 5,520,653 shares of the company traded hands, compared to its average volume of 6,313,205. The firm’s fifty day simple moving average is $80.22 and its 200 day simple moving average is $73.32. The stock has a market cap of $44.05 billion, a P/E ratio of 130.93, a PEG ratio of 0.80 and a beta of 2.52. Block, Inc. has a 12-month low of $48.21 and a 12-month high of $86.92. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.26.

Block (NYSE:XYZ – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.54. Block had a return on equity of 8.10% and a net margin of 1.43%.The business had revenue of $6.62 billion during the quarter. During the same period last year, the firm earned $0.62 EPS. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. 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, research analysts anticipate that Block, Inc. will post 2.74 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Block from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. The Goldman Sachs Group raised shares of Block from a “buy” rating to a “buy” rating in a report on Tuesday, June 30th. Canaccord Genuity Group raised their price target on shares of Block from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Craig Hallum began coverage on shares of Block in a report on Tuesday, June 30th. They issued a “buy” rating for the company. Finally, Barclays initiated coverage on shares of Block in a research report on Tuesday, July 7th. They issued an “overweight” rating and a $100.00 price objective for the company. Four analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $95.42.

Get Our Latest Analysis on XYZ

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in XYZ. Elevation Wealth Partners LLC lifted its position in shares of Block by 301.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 389 shares of the technology company’s stock valued at $30,000 after buying an additional 292 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in Block in the 1st quarter worth $31,000. Osbon Capital Management LLC purchased a new stake in Block in the 4th quarter worth $43,000. Ancora Advisors LLC acquired a new position in Block during the second quarter worth $53,000. Finally, EverSource Wealth Advisors LLC raised its position in Block by 33.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 707 shares of the technology company’s stock worth $46,000 after acquiring an additional 179 shares during the period. 70.44% of the stock is owned by institutional investors and hedge funds.

Block Company Profile

(Get Free Report)

Block, Inc is a global technology company that develops financial services and commerce tools for businesses and consumers. Founded in 2009 as Square, the company changed its corporate name to Block in 2021 to reflect the expansion of its operations beyond seller-focused payment solutions.

Through its Square ecosystem, Block provides payment processing, point-of-sale hardware and software, business banking, invoicing, payroll, inventory management and other tools for merchants. Its consumer-focused Cash App offers services that may include peer-to-peer payments, money transfers, investing, debit-card access and bitcoin-related functionality, subject to availability and applicable regulations.

Block also owns Afterpay, a buy now, pay later platform, and has operated additional businesses involving music streaming and bitcoin infrastructure.

Further Reading

Insider Buying and Selling by Quarter for Block (NYSE:XYZ)

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