Block (NYSE:XYZ) Director Anthony Mathew Eisen Sells 6,000 Shares of Stock

Key Points

• Director Anthony Eisen sold 6,000 Block shares at an average price of $76.97, generating $461,820; the transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his ownership by 0.46%.
• Eisen has made a series of similar 6,000-share sales since late September, while retaining 1,284,672 Block shares valued at approximately $98.9 million.
• Block recently exceeded quarterly EPS expectations, and analysts maintain a “Moderate Buy” consensus with an average price target of $95.45, compared with a recent share price of $75.84.

Block, Inc. (NYSE:XYZ - Get Free Report) Director Anthony Eisen sold 6,000 shares of the business's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $76.97, for a total transaction of $461,820.00. Following the completion of the transaction, the director directly owned 1,284,672 shares in the company, valued at $98,881,203.84. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 Wednesday, October 14th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.70, for a total transaction of $454,200.00.
• On Friday, October 9th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.75, for a total transaction of $454,500.00.
• On Wednesday, October 7th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.35, for a total transaction of $452,100.00.
• On Monday, October 5th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $74.24, for a total transaction of $445,440.00.
• On Friday, October 2nd, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $75.61, for a total transaction of $453,660.00.
• On Wednesday, September 30th, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $74.33, for a total transaction of $445,980.00.
• On Monday, September 28th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $75.20, for a total transaction of $451,200.00.
• On Friday, September 25th, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.90, for a total transaction of $461,400.00.
• On Wednesday, September 23rd, Anthony Eisen sold 6,000 shares of Block stock. The stock was sold at an average price of $76.67, for a total transaction of $460,020.00.
• On Monday, September 21st, Anthony Eisen sold 6,000 shares of Block stock. The shares were sold at an average price of $77.54, for a total value of $465,240.00.

Block Stock Performance

Block stock traded down $1.02 during trading on Wednesday, hitting $75.84. The stock had a trading volume of 5,194,236 shares, compared to its average volume of 6,211,134. The stock's 50 day moving average is $78.95 and its two-hundred day moving average is $74.57. Block, Inc. has a 1 year low of $48.21 and a 1 year high of $86.92. The stock has a market cap of $45.57 billion, a price-to-earnings ratio of 135.43, a price-to-earnings-growth ratio of 0.80 and a beta of 2.55. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.26.

Block (NYSE:XYZ - Get Free Report) last released its earnings results on Wednesday, August 5th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.54. The business had revenue of $6.62 billion during the quarter. Block had a return on equity of 8.10% and a net margin of 1.43%. The business's quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.62 earnings per share. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. As a group, analysts predict that Block, Inc. will post 2.74 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on XYZ. Needham & Company LLC increased their price target on Block from $95.00 to $100.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Cantor Fitzgerald restated an "overweight" rating and issued a $95.00 price objective on shares of Block in a research note on Friday, September 25th. Truist Financial upped their price objective on shares of Block from $82.00 to $93.00 and gave the company a "buy" rating in a report on Friday, July 24th. Argus lifted their target price on shares of Block from $86.00 to $103.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Block to a "buy" rating in a research report on Tuesday, June 30th. Four analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $95.45.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Raiffeisen Bank International AG grew its stake in shares of Block by 0.3% during the 2nd quarter. Raiffeisen Bank International AG now owns 44,901 shares of the technology company's stock worth $3,503,000 after acquiring an additional 148 shares in the last quarter. Avior Wealth Management LLC increased its stake in Block by 3.3% in the 2nd quarter. Avior Wealth Management LLC now owns 6,081 shares of the technology company's stock valued at $462,000 after buying an additional 193 shares during the last quarter. Carson Advisory Inc. lifted its position in Block by 2.6% during the 1st quarter. Carson Advisory Inc. now owns 8,035 shares of the technology company's stock worth $484,000 after buying an additional 200 shares in the last quarter. Icon Wealth Advisors LLC boosted its stake in shares of Block by 5.9% during the 4th quarter. Icon Wealth Advisors LLC now owns 4,609 shares of the technology company's stock worth $300,000 after buying an additional 255 shares during the last quarter. Finally, World Investment Advisors boosted its stake in shares of Block by 8.1% during the 1st quarter. World Investment Advisors now owns 3,825 shares of the technology company's stock worth $230,000 after buying an additional 287 shares during the last quarter. Institutional investors own 70.44% of the company's stock.

About Block

Block, Inc NYSE: XYZ, formerly known as Square, is a financial technology company that develops tools for businesses, consumers and creators. Founded in 2009 by Jack Dorsey and Jim McKelvey, the company changed its corporate name to Block in 2021 to reflect the expansion of its operations beyond its original seller-payments business.

Block's Square ecosystem provides payment processing, point-of-sale hardware and software, business banking, invoicing, payroll, inventory management and other services for merchants.

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