Block, Inc. (NYSE:XYZ - Get Free Report) Director Anthony Mathew Eisen sold 6,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $66.64, for a total transaction of $399,840.00. Following the completion of the sale, the director directly owned 1,990,990 shares in the company, valued at approximately $132,679,573.60. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 Monday, June 8th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50.
Block Price Performance
Shares of NYSE XYZ opened at $69.26 on Friday. The stock has a market cap of $41.22 billion, a price-to-earnings ratio of 54.11, a PEG ratio of 0.86 and a beta of 2.56. Block, Inc. has a 52 week low of $48.21 and a 52 week high of $82.50. The company's 50-day moving average price is $69.00 and its 200 day moving average price is $64.31. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26.
Block (NYSE:XYZ - Get Free Report) last released its earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.55. The company had revenue of $6.06 billion for the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. Block's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, research analysts forecast that Block, Inc. will post 2.42 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research firms have issued reports on XYZ. Truist Financial upped their target price on shares of Block from $81.00 to $82.00 and gave the company a "buy" rating in a report on Wednesday, May 27th. Raymond James Financial upgraded shares of Block to a "moderate buy" rating in a report on Friday, February 27th. Weiss Ratings upgraded shares of Block from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, June 1st. Needham & Company LLC upped their target price on shares of Block from $90.00 to $95.00 and gave the company a "buy" rating in a report on Friday, May 8th. Finally, Cantor Fitzgerald upped their target price on shares of Block from $78.00 to $88.00 and gave the company an "overweight" rating in a report on Tuesday, April 21st. Four analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Block has an average rating of "Moderate Buy" and a consensus price target of $85.42.
Get Our Latest Analysis on XYZ
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Block during the 3rd quarter worth about $28,000. Sound Income Strategies LLC lifted its holdings in shares of Block by 57.1% during the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company's stock worth $29,000 after acquiring an additional 161 shares during the period. Rachor Investment Advisory Services LLC purchased a new position in shares of Block during the 4th quarter worth about $32,000. Rothschild Investment LLC lifted its holdings in shares of Block by 59.7% during the 3rd quarter. Rothschild Investment LLC now owns 495 shares of the technology company's stock worth $36,000 after acquiring an additional 185 shares during the period. Finally, Global Assets Advisory LLC purchased a new position in shares of Block during the 1st quarter worth about $31,000. 70.44% of the stock is currently owned by hedge funds and other institutional investors.
About Block
(
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.
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