Block (XYZ) Director Eisen Anthony Mathew Sells $461K of Stock

Eisen Anthony Mathew, a director at Block, Inc. (NYSE: XYZ), sold 6,000 shares on October 13, 2026, for approximately $460,800 at a price of $76.80 each. This planned sale adds to the pattern of insider transactions at the company, with Mathew having sold another 6,000 shares just a few months earlier.

Inside Eisen Anthony Mathew's Trade

Mathew's recent sale is part of a planned transaction strategy. The current sale follows his earlier sales of 6,000 shares on June 16, 2026, at an average price of $74.95, amounting to about $449,700. This indicates that Mathew is actively managing his holdings in the company, possibly in response to market conditions.

Other Institutional Activity in Block, Inc.

Several institutional investors have made moves regarding Block, Inc. Recently, Blackrock Inc. reduced its stake by 667,399 shares, bringing its total to 41,573,031 shares valued at about $3.21 billion. Price (T. Rowe) Associates Inc. also trimmed its position, selling 5,469,686 shares and holding 39,734,330 shares worth roughly $3.07 billion. Vanguard Capital Management LLC decreased its holdings by 629,713 shares, ending with 34,947,284 shares valued at about $2.70 billion. Vanguard Portfolio Management LLC cut its stake by 733,964 shares, now holding 24,929,106 shares worth approximately $1.92 billion. State Street Corporation decreased its position slightly by 85,623 shares, holding 23,055,792 shares valued at about $1.78 billion.

Block, Inc. Stock Up 2.0%

Block, Inc. shares traded at $77.38 at the time of publication, slightly above the previous close of $75.85. The stock has seen a 52-week high of $86.92 and a low of $48.21, reflecting significant volatility. The company's shares are currently close to their 50-day moving average of $78.80, which may indicate investor interest.

Recent Earnings

In its latest earnings report, Block, Inc. posted revenues of approximately $25.04 billion, showing a revenue growth of 9.3%. The earnings per share (EPS) was $0.56, with a net margin of 1.43%. The next earnings report is expected on November 3, 2026.

Insider Buying and Selling at Block, Inc.

Besides Mathew's recent sale, he also sold 6,000 shares on June 22, 2026, at an average price of $74.28, valued at about $445,680. Another insider, Carter Shawn Corey, bought 3,682 shares on June 16, 2026, although details of that transaction's value were not disclosed. This activity shows a mix of buying and selling among the company's insiders, reflecting varied confidence levels.

Analysts Set New Price Targets

On October 2, 2026, Baird maintained its 'Outperform' rating on Block, Inc. with a target price of $106.00. Cantor Fitzgerald reiterated its 'Overweight' rating with a price target of $95.00 on September 25, 2026. BTIG also reaffirmed a 'Buy' rating with a target of $100.00 on the same day. Meanwhile, Macquarie maintained a 'Neutral' rating with a target of $75.00 on September 10. Overall, the consensus recommendation is a 'buy' with a mean target price of $98.10 based on 42 analyst opinions.

About Block, Inc.

Block, Inc., based in Oakland, California, creates commerce and financial solutions through its subsidiaries, including Square and Cash App. The company focuses on building ecosystems that enhance financial services and commerce both in the U.S. and internationally.

Bottom Line

Eisen Mathew's recent share sale reflects ongoing adjustments within Block, Inc.'s leadership. As the company approaches its next earnings date on November 3, 2026, investors will be watching for any further insider activity and analyst updates. Remember, this insider transaction is reported via a planned strategy and reflects older holdings as per SEC filings.