Block (NYSE:XYZ) Director Sells $409,320.00 in Stock

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $68.22, for a total transaction of $409,320.00. Following the transaction, the director directly owned 2,002,990 shares of the company’s stock, valued at $136,643,977.80. The trade was a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through 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 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 shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50.

Block Price Performance

XYZ stock traded up $1.71 during trading on Monday, hitting $69.86. 5,792,656 shares of the company’s stock traded hands, compared to its average volume of 5,721,017. Block, Inc. has a 52 week low of $48.21 and a 52 week high of $82.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99. The business has a fifty day simple moving average of $68.38 and a 200 day simple moving average of $64.18. The stock has a market capitalization of $41.58 billion, a price-to-earnings ratio of 54.58, a P/E/G ratio of 0.88 and a beta of 2.56.

Block (NYSE:XYZ) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.30 by $0.55. Block had a net margin of 3.30% and a return on equity of 7.02%. The business had revenue of $6.06 billion during the quarter. During the same quarter last year, the business earned $0.56 EPS. Block’s revenue for the quarter 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. As a group, research analysts expect that Block, Inc. will post 2.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on XYZ. Citigroup increased their price objective on shares of Block from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Keefe, Bruyette & Woods increased their price objective on shares of Block from $85.00 to $90.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Oppenheimer reiterated an “outperform” rating and set a $91.00 price objective on shares of Block in a research report on Friday, May 8th. Weiss Ratings upgraded shares of Block from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 1st. Finally, Wall Street Zen upgraded shares of Block from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $85.12.

Institutional Investors Weigh In On Block

Several institutional investors have recently made changes to their positions in XYZ. Baird Financial Group Inc. bought a new stake in shares of Block in the 2nd quarter worth about $1,866,000. Brown Advisory Inc. purchased a new position in Block in the 2nd quarter worth about $516,000. Jump Financial LLC purchased a new position in Block in the 2nd quarter worth about $385,000. Federated Hermes Inc. purchased a new position in Block in the 2nd quarter worth about $53,000. Finally, Cerity Partners LLC purchased a new position in Block in the 2nd quarter worth about $1,861,000. Institutional investors own 70.44% of the company’s stock.

Block Company Profile

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.