Block (NYSE:XYZ) Director Sells $473,400.00 in Stock

Block, Inc. (NYSE:XYZ) Director Anthony Mathew Eisen sold 6,000 shares of Block stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $78.90, for a total transaction of $473,400.00. Following the completion of the sale, the director directly owned 1,673,672 shares of the company’s stock, valued at approximately $132,052,720.80. This trade represents a 0.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 Wednesday, July 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $82.22, for a total transaction of $493,320.00.
• On Monday, July 27th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.88, for a total transaction of $473,280.00.
• On Friday, July 17th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $79.13, for a total value of $474,780.00.
• On Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.35, for a total value of $470,100.00.
• On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $78.91, for a total transaction of $473,460.00.
• On Wednesday, July 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.66, for a total transaction of $459,960.00.
• On Monday, July 6th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.77, for a total value of $472,620.00.
• On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The shares were sold at an average price of $79.83, for a total value of $2,873,880.00.
• On Wednesday, July 1st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $76.40, for a total transaction of $458,400.00.
• On Monday, June 29th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.93, for a total transaction of $473,580.00.

Block Price Performance

NYSE:XYZ opened at $82.73 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $49.24 billion, a P/E ratio of 64.63, a P/E/G ratio of 1.03 and a beta of 2.54. Block, Inc. has a 12 month low of $48.21 and a 12 month high of $84.08. The business’s 50-day moving average is $75.43 and its 200 day moving average is $67.40.

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. On average, equities research analysts forecast that Block, Inc. will post 2.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

XYZ has been the subject of a number of analyst reports. William Blair downgraded Block to a “market perform” rating in a research report on Tuesday, June 30th. 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 research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Block to a “buy” rating in a report on Tuesday, June 30th. Robert W. Baird lifted their price target on shares of Block from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Finally, Clear Str upgraded shares of Block to a “hold” rating in a report on Thursday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.84.

Hedge Funds Weigh In On Block

Hedge funds and other institutional investors have recently made changes to their positions in the company. Capital World Investors increased its position in Block by 41.8% during the 4th quarter. Capital World Investors now owns 16,023,441 shares of the technology company’s stock valued at $1,042,966,000 after purchasing an additional 4,727,217 shares during the period. Geode Capital Management LLC lifted its position in shares of Block by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 14,406,899 shares of the technology company’s stock worth $934,121,000 after purchasing an additional 67,560 shares during the period. Ameriprise Financial Inc. purchased a new stake in shares of Block in the 2nd quarter worth approximately $535,305,000. Norges Bank bought a new position in shares of Block during the fourth quarter valued at approximately $484,387,000. Finally, Tiger Global Management LLC boosted its stake in shares of Block by 43.9% during the fourth quarter. Tiger Global Management LLC now owns 6,364,840 shares of the technology company’s stock valued at $414,287,000 after purchasing an additional 1,941,528 shares in the last quarter. Institutional investors own 70.44% of the company’s stock.

About Block

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.