Key Points
- Block director Anthony Mathew Eisen sold 36,000 shares on July 2 at an average price of $79.83, totaling about $2.87 million. The sale was made under a pre-arranged Rule 10b5-1 plan.
- Eisen has been actively trimming his stake with multiple recent sales, including several 6,000-share transactions in late June and early July. After the latest sale, he still owned 1,874,672 shares valued at roughly $149.7 million.
- Block’s stock recently traded near its 52-week high, opening at $78.71 versus a year range of $48.21 to $82.50. The company also reported strong quarterly results, beating earnings estimates and raising guidance, while analysts currently rate the stock a Moderate Buy with a consensus target of $87.56.
Block, Inc. (NYSE:XYZ - Get Free Report) Director Anthony Mathew Eisen sold 6,000 shares of Block stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $76.40, for a total transaction of $458,400.00. Following the transaction, the director owned 1,910,672 shares in the company, valued at approximately $145,975,340.80. This trade represents a 0.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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 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 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 Friday, June 26th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.80, for a total value of $448,800.00.
- On Wednesday, June 24th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was 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 shares were 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 stock was sold at an average price of $69.78, for a total value 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 value of $399,840.00.
- 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 value of $409,320.00.
Block Stock Performance
NYSE:XYZ opened at $78.71 on Friday. The company has a market capitalization of $46.85 billion, a PE ratio of 61.50, a P/E/G ratio of 0.98 and a beta of 2.54. The company has a 50 day simple moving average of $72.04 and a two-hundred day simple moving average of $65.56. 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, Inc. has a fifty-two week low of $48.21 and a fifty-two week high of $82.50.
Block (NYSE:XYZ - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.55. The firm had revenue of $6.06 billion during the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. The firm's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.56 EPS. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Research analysts anticipate that Block, Inc. will post 2.48 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of XYZ. Baird Financial Group Inc. acquired a new position in shares of Block during the second quarter valued at about $1,866,000. Brown Advisory Inc. acquired a new stake in shares of Block in the 2nd quarter valued at about $516,000. Jump Financial LLC acquired a new stake in shares of Block in the 2nd quarter valued at about $385,000. Federated Hermes Inc. acquired a new stake in shares of Block in the 2nd quarter valued at about $53,000. Finally, Cerity Partners LLC bought a new stake in Block in the 2nd quarter valued at about $1,861,000. 70.44% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
XYZ has been the topic of several recent analyst reports. Needham & Company LLC boosted 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. Canaccord Genuity Group increased their price target on Block from $80.00 to $85.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Royal Bank Of Canada lifted their price objective on Block from $90.00 to $93.00 and gave the stock an "outperform" rating in a research report on Friday, May 8th. Rosenblatt Securities set a $100.00 price objective on Block in a research note on Tuesday. Finally, Loop Capital began coverage on Block in a research report on Tuesday, March 31st. They set a "buy" rating and a $75.00 target price on the stock. Four analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Block has an average rating of "Moderate Buy" and an average price target of $87.56.
Get Our Latest Stock Report on XYZ
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.
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