Anthony Mathew Eisen, a director at Block, Inc. (NASDAQ:XYZ), sold a total of 18,000 shares of the company’s Class A Common Stock for an aggregate value of $1,400,400. The transactions occurred over several days, according to a recent filing with the Securities and Exchange Commission. The stock currently trades at $78.74, giving the financial services company a market capitalization of $47.2 billion.
The sales took place between July 9 and July 13, 2026. Eisen disposed of 6,000 shares on July 9, 2026, followed by another 6,000 shares on July 10, 2026, and a final 6,000 shares on July 13, 2026. The prices at which the shares were sold ranged from $76.14 to $78.91 per share. Block shares have gained nearly 21% year-to-date, and InvestingPro analysis suggests the stock remains undervalued at current levels, appearing on the platform’s Most Undervalued list.
These sales were executed under a Rule 10b5-1 trading plan, which was adopted by Mr. Eisen on March 2, 2026. Following these transactions, Eisen directly holds 1,838,672 shares of Block, Inc. Class A Common Stock.
In other recent news, Block Inc. has been in the spotlight with several notable developments. Baird has raised its price target for Block to $100, citing positive expectations for the company’s second-quarter performance and maintaining an Outperform rating. Mizuho also reiterated an Outperform rating for Block, highlighting the potential of the company’s new loyalty program, Neighborhoods, which showed promising interest among Cash App users. Meanwhile, TD Cowen reaffirmed a Buy rating with a $101 price target, emphasizing product momentum following investor meetings.
Square, a part of Block Inc., announced the launch of a ChatGPT app and Claude plugin, enabling U.S. food and beverage sellers to utilize AI-powered conversations for order processing through Square Online Ordering. This integration aims to streamline the ordering process for sellers by directly connecting AI search results to their existing systems. Additionally, Square has been selected by Sherwin-Williams as the payment solutions partner for its Digital Alliance Program. This partnership will offer digital tools and exclusive offers to Sherwin-Williams PRO+ customers in the United States and Canada, enhancing the business management capabilities for professional painters, contractors, and designers.
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