Carter Shawn Corey Buys Shares of Block, Inc.

Carter Shawn Corey made a move in the stock market by purchasing 3,682 shares of Block, Inc. (NYSE:XYZ) on June 16, 2026. This insider transaction reflects a significant addition to his holdings in the technology company.

Insider Buying and Selling at Block, Inc.

Carter Shawn Corey's recent purchase of 3,682 shares of Block, Inc. is notable. This transaction was executed at no reported cost per share. On the same day, insiders Mary Meeker, Amy Brooks, and Neha Narula also acquired 3,682 shares each without a reported price. Meanwhile, Anthony Mathew Eisen sold 6,000 shares at prices ranging from $73.99 to $74.95 in planned transactions over several days.

Other Institutional Activity in Block, Inc.

Institutional investors have been active in Block, Inc. as well. PRICE T ROWE ASSOCIATES INC /MD/ increased its holdings by 2,112,132 shares, resulting in a total of 45,205,148 shares valued at approximately $2.72 billion. BLACKROCK, INC. added 393,461 shares, ending with 42,238,874 shares worth about $2.54 billion. STATE STREET CORP also boosted its stake by 98,724 shares, bringing its total to 23,140,666 shares valued at $1.39 billion.

Block, Inc. Stock Snapshot

Shares of Block, Inc. (NYSE:XYZ) traded near $72.84. The company boasts a market cap of $43.35 billion, a P/E ratio of 56.91, and a forward P/E of 14.63. Block's stock price has ranged between $48.21 and $82.50 over the past 52 weeks, with a 50-day moving average of $70.33 and a 200-day moving average of $67.31. The company maintains a current ratio of 1.99 and a quick ratio of 0.97, with a debt-to-equity ratio of 37.51.

Recent Earnings

Block, Inc. reported revenue of approximately $24.48 billion, reflecting a growth of 4.9%. The company's earnings per share stood at $1.28, with a net margin of 3.3% and a return on equity of 3.7%. The next earnings report is scheduled for August 10, 2026.

Analysts Set New Price Targets

Several analysts have maintained their ratings on Block, Inc. Morgan Stanley, Truist Securities, and Canaccord Genuity all kept a 'buy' rating, with price targets of $98.00, $82.00, and $85.00, respectively. The consensus among 40 analysts suggests a 'buy' recommendation, with a mean target price of $90.40.

About Block, Inc.

Block, Inc., formerly known as Square, Inc., is a technology company based in Oakland, California. It operates through two main segments: Square and Cash App. The Square segment provides payment and software solutions, while the Cash App segment offers financial tools, including peer-to-peer payments and stock investment services. Founded in 2009, Block is led by CEO Jack Dorsey and employs over 10,000 people. The company is committed to building ecosystems around commerce and financial products.

Bottom Line

Carter Shawn Corey's purchase of Block, Inc. shares highlights ongoing insider interest in the company. Investors often monitor such insider activities for potential insights into future performance. Although the 13F filings and insider transactions provide a historical view, they may not reflect current positions or intentions.