Block (XYZ) Director Eisen Anthony Mathew Sells $454K of Stock

Eisen Mathew, a Director at Block, Inc. (NYSE: XYZ), sold 6,000 shares on October 9, 2026, for about $454,500. This sale was part of a planned transaction, with shares sold at $75.75 each.

Inside Eisen Mathew's Trade

Mathew's sale of 6,000 shares represents a significant move, valued at $454,500. This transaction comes as the stock trades below its 50-day moving average, suggesting a strategic timing by the insider.

Other Institutional Activity in Block, Inc.

Several other institutional investors have adjusted their positions in Block, Inc. Blackrock Inc. trimmed its stake by 667,399 shares, leaving it with 41,573,031 shares worth about $3.24 billion. Price (T.Rowe) Associates Inc. reduced its holdings by 5,469,686 shares, ending with 39,734,330 shares valued at approximately $3.09 billion. Vanguard Capital Management LLC decreased its position by 629,713 shares, now holding 34,947,284 shares worth about $2.72 billion.

Block, Inc. Stock Up 2.0%

As of October 16, 2026, Block, Inc. shares are recently trading around $77.38, which is below their 50-day moving average of $78.80. The stock is also about 11% off its 52-week high of $86.92. The current price is below the mean price target of $98.10 set by analysts.

Recent Earnings

Block, Inc. reported trailing twelve-month revenue of $25.04 billion, with a net margin of 1.4%. The company will announce its next earnings on November 3, 2026.

Insider Buying and Selling at Block, Inc.

Earlier this year, Mathew sold 6,000 shares on June 22, 2026, at an average price of $74.28, totaling about $445,680. He also sold shares on June 16, 2026, at $74.95, for a value of $449,700.

Analysts Set New Price Targets

On September 10, 2026, Macquarie maintained a Neutral rating with a target of $75. On the same day, StoneX upgraded its rating to Buy with a target of $105. Cantor Fitzgerald reiterated its Overweight rating with a $95 target on September 25, 2026. Baird maintained an Outperform rating with a target of $106 on October 2, 2026. The consensus rating remains a Buy with a mean target of $98.10 based on 42 analyst opinions.

About Block, Inc.

Block, Inc. develops financial products and services, operating through Square and Cash App segments. The company focuses on commerce solutions for consumers and businesses both in the U.S. and internationally. This insider transaction highlights ongoing management activity as the company approaches its next earnings announcement.

Bottom Line

Investors should keep an eye on Block, Inc.'s upcoming earnings report on November 3, 2026, as well as any further insider transactions. The recent trading activity suggests a cautious approach as the stock price remains below key moving averages.