Block director Anthony Eisen sells $1.37 million in stock

Anthony Eisen, a director at Block, Inc. (NASDAQ:XYZ), sold 18,000 shares of Class A Common Stock for a total of $1,370,340 across three transactions in late October. The sales, which took place between October 23 and October 27, 2026, were executed at prices ranging from $74.79 to $77.84 per share.

These transactions were conducted pursuant to a Rule 10b5-1 trading plan, which Mr. Eisen adopted on March 2, 2026. Following these sales, Mr. Eisen beneficially owns 1,218,672 shares of Class A Common Stock directly. The stock currently trades at $74.87, giving Block a market capitalization of $45.07 billion. According to InvestingPro analysis, the shares appear undervalued relative to Fair Value estimates, placing Block among companies on the most undervalued list. For deeper insights, investors can access Block’s comprehensive Pro Research Report, one of 1,400+ available reports that transform complex data into actionable intelligence.

In other recent news, Block Inc. has been the focus of several analyst updates and company developments. Morgan Stanley downgraded Block’s stock rating from Overweight to Equalweight, citing concerns over near-term growth and profitability, particularly with Cash App Borrow’s transition to longer-duration loans. On the other hand, Baird raised its price target for Block to $106.00, maintaining an Outperform rating, based on expectations of a strong third-quarter performance. Piper Sandler reiterated its Overweight rating with a $105.00 price target, highlighting the significance of changes in Block’s Cash App Borrow product as a test of its credit model. Additionally, Cantor Fitzgerald maintained an Overweight rating with a $95.00 price target, aligning its model with Block’s guidance. Block’s fiscal year 2026 guidance projects significant growth, with a gross profit of approximately $12.51 billion and adjusted EPS growth of about 70%. These developments reflect a mix of cautious optimism and strategic shifts as analysts and investors assess Block’s future trajectory.