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

Block, Inc. (NYSE:XYZGet Free Report) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $74.80, for a total value of $448,800.00. Following the sale, the director owned 1,928,672 shares of the company’s stock, valued at $144,264,665.60. This represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, June 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.93, for a total value of $473,580.00.
  • On Wednesday, June 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.01, for a total value of $444,060.00.
  • On Monday, June 22nd, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 value 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 value of $433,560.00.
  • On Friday, June 12th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 stock was 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 $76.04 on Wednesday. The stock has a market capitalization of $45.26 billion, a price-to-earnings ratio of 59.41, a PEG ratio of 0.99 and a beta of 2.56. Block, Inc. has a one year low of $48.21 and a one year high of $82.50. The company’s 50-day simple moving average is $71.84 and its 200-day simple moving average is $65.37. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99.

Block (NYSE:XYZGet Free Report) last issued its earnings results on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating 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 business’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous 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. Equities analysts anticipate that Block, Inc. will post 2.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Parallel Advisors LLC lifted its holdings in Block by 49.6% in the first quarter. Parallel Advisors LLC now owns 10,978 shares of the technology company’s stock worth $661,000 after purchasing an additional 3,638 shares during the period. Wellington Grp LLC boosted its holdings in shares of Block by 43.0% in the first quarter. Wellington Grp LLC now owns 6,632 shares of the technology company’s stock valued at $399,000 after acquiring an additional 1,993 shares in the last quarter. Arete Wealth Advisors LLC boosted its holdings in shares of Block by 159.0% in the first quarter. Arete Wealth Advisors LLC now owns 10,521 shares of the technology company’s stock valued at $633,000 after acquiring an additional 6,459 shares in the last quarter. Centaurus Financial Inc. increased its stake in shares of Block by 15.8% during the first quarter. Centaurus Financial Inc. now owns 11,437 shares of the technology company’s stock valued at $688,000 after acquiring an additional 1,559 shares during the period. Finally, Ashton Thomas Securities LLC increased its stake in shares of Block by 7.9% during the first quarter. Ashton Thomas Securities LLC now owns 5,101 shares of the technology company’s stock valued at $307,000 after acquiring an additional 373 shares during the period. 70.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on XYZ shares. Loop Capital assumed coverage on Block in a research note on Tuesday, March 31st. They issued a “buy” rating and a $75.00 target price on the stock. William Blair lowered shares of Block to a “market perform” rating in a research report on Tuesday. Royal Bank Of Canada increased their price objective on shares of Block from $90.00 to $93.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Zacks Research upgraded shares of Block from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, The Goldman Sachs Group upgraded shares of Block from a “buy” rating to a “buy” rating in a research report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $85.09.

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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.

Further Reading

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

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