Block, Inc. (NYSE:XYZ - Get Free Report) Director Anthony Mathew Eisen sold 6,000 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $81.52, for a total value of $489,120.00. Following the completion of the transaction, the director directly owned 1,613,672 shares of the company's stock, valued at $131,546,541.44. The trade was a 0.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Anthony Mathew Eisen also recently made the following trade(s):
- On Friday, July 31st, Anthony Mathew Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $82.27, for a total transaction of $493,620.00.
- 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 Monday, July 20th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.90, for a total transaction of $473,400.00.
- 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 transaction of $474,780.00.
- On Monday, July 13th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $78.35, for a total transaction of $470,100.00.
- On Friday, July 10th, Anthony Mathew Eisen sold 6,000 shares of Block stock. The shares were 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 stock was sold at an average price of $78.77, for a total transaction of $472,620.00.
- On Thursday, July 2nd, Anthony Mathew Eisen sold 36,000 shares of Block stock. The stock was sold at an average price of $79.83, for a total transaction of $2,873,880.00.
Block Price Performance
NYSE:XYZ opened at $82.01 on Tuesday. Block, Inc. has a 52 week low of $48.21 and a 52 week high of $84.08. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $48.81 billion, a PE ratio of 64.07, a price-to-earnings-growth ratio of 1.02 and a beta of 2.53. The stock's 50-day moving average price is $75.98 and its 200-day moving average price is $67.58.
Block (NYSE:XYZ - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.55. The firm 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%.Block's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, equities analysts expect that Block, Inc. will post 2.48 EPS for the current fiscal year.
Institutional Investors Weigh In On Block
A number of hedge funds have recently modified their holdings of the business. Capital World Investors lifted its stake in shares of Block by 41.8% in the fourth quarter. Capital World Investors now owns 16,023,441 shares of the technology company's stock worth $1,042,966,000 after buying an additional 4,727,217 shares in the last quarter. Geode Capital Management LLC grew its stake in Block by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 14,406,899 shares of the technology company's stock valued at $934,121,000 after acquiring an additional 67,560 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in Block in the 2nd quarter valued at about $535,305,000. Norges Bank acquired a new stake in Block in the 4th quarter valued at about $484,387,000. Finally, Tiger Global Management LLC lifted its stake in Block by 43.9% in the 4th quarter. Tiger Global Management LLC now owns 6,364,840 shares of the technology company's stock worth $414,287,000 after purchasing an additional 1,941,528 shares in the last quarter. 70.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
XYZ has been the subject of several research analyst reports. Morgan Stanley set a $90.00 target price on Block in a research note on Monday. Clear Str raised shares of Block to a "hold" rating in a research note on Thursday, July 16th. BMO Capital Markets boosted their price target on shares of Block from $78.00 to $85.00 and gave the stock a "market perform" rating in a report on Wednesday, July 22nd. Oppenheimer lowered shares of Block from an "outperform" rating to a "market perform" rating in a report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Block to a "buy" rating in a research report on Tuesday, June 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $89.40.
View Our Latest Analysis 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.
Further Reading
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