Block (XYZ) Insider Mary Meeker Buys 3,682 Shares

Mary Meeker and several other insiders recently added to their holdings in Block, Inc. (NYSE: SQ). On June 16, 2026, Meeker acquired 3,682 shares of the fintech company. This transaction occurred alongside similar moves by other board members as the company prepares for its upcoming earnings announcement later this year.

Insider Buying and Selling at Block, Inc.

The buying activity on June 16, 2026, was not limited to Mary Meeker. Neha Narula, Amy Brooks, and Shawn Corey Carter each acquired 3,682 shares on that same date. These purchases contrast with selling activity from other insiders. For instance, Anthony Mathew Eisen sold 6,000 shares on three separate occasions in June. Eisen sold 6,000 shares on June 12 at $69.78, another 6,000 shares on June 16 at $74.95, and a final block of 6,000 shares on June 22 at $74.28. These sales were executed under a Rule 10b5-1 plan, which is a pre-scheduled trading arrangement that helps insiders avoid accusations of trading on private information.

Block Stock Performance and Valuation

Shares of Block were trading at $74.78 on Thursday. The stock has stayed within a 52-week range of $48.21 to $86.92. Currently, the price is sitting above its 200-day moving average of $70.59, a level often watched by investors to determine long-term trends. With a price-to-earnings (P/E) ratio of 142.55, the market is pricing in significant future growth. However, the forward P/E, which looks at estimated future earnings, is much lower at 15.34. The company's beta of 2.55 suggests the stock is significantly more volatile than the broader market.

Recent Earnings Data

Block reported revenue of $25.04 billion in its most recent reporting period, representing a growth rate of 9.3%. The company is currently profitable, though its margins remain thin. It reported a net margin of 1.43% and a return on equity of 1.61%. Earnings per share (EPS) came in at $0.56. Investors are now looking toward the next earnings report, which is scheduled for November 3, 2026.

Analysts Set New Price Targets

Wall Street analysts have maintained a generally favorable view of the company. On October 2, 2026, Baird kept its Outperform rating and raised its price target slightly to $106.00. In late September, both Cantor Fitzgerald and BTIG reiterated their positive stances, with price targets of $95.00 and $100.00 respectively. StoneX recently upgraded the stock to a Buy with a $105.00 target on September 10, 2026. Currently, the consensus among 42 analysts is a Buy, with an average price target of $98.10.

About Block, Inc.

Block, Inc. is a technology company that builds tools for small businesses and individual consumers to manage their money. It is best known for the Square ecosystem, which provides payment processing and software for merchants, and Cash App, which allows people to send money, buy bitcoin, and invest in stocks. The company also owns the music platform TIDAL and Afterpay, a service that lets shoppers pay for purchases over time. Originally known as Square, the company rebranded to Block in 2021 to reflect its focus on decentralized finance and blockchain technology.

What's Ahead for Block, Inc.

As the year progresses, investors will likely focus on whether the recent insider buying signals confidence ahead of the November earnings release. While the cluster of buys from board members is a notable development, the stock remains sensitive to broader economic shifts given its high volatility. The backward-looking nature of these filings means they show what insiders were doing in June, and their views or positions may have shifted since then.