Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

Block director Anthony Eisen sells $1.44m of Class A stock

Block director Anthony Eisen sells $1.44m of Class A stock

Block Inc. (NASDAQ:XYZ) director Anthony Mathew Eisen sold 18,000 shares of the company's Class A common stock, totaling $1,443,900, between August 12 and August 14, 2026. The sales took place at prices between $78.62 and $82.87 per share. On August 12, Eisen disposed of 6,000 shares at $78.62 each, followed by an additional 6,000 shares sold on August 13 at $79.16.

The final reported transaction on August 14 saw the sale of 6,000 shares at $82.87 per share. These sales were made under a Rule 10b5-1 trading plan Eisen established on March 2, 2026. After the transactions, Eisen still holds 1,524,672 shares of Block Inc. Class A common stock. Block's shares have delivered a 66% return over the past six months, currently trading at $82.88.

Despite these sales, Finances Pro analysis indicates Block remains undervalued, boasting a "GOOD" financial health score. Investors can explore more insights through Pro Research Reports for Block and 1,400+ other US equities. Block Inc. also recently reported adjusted second-quarter 2026 earnings of $1.02 per share, surpassing the previous year's $0.62 and beating the consensus estimate of $0.87.

Analysts have adjusted their price targets accordingly, with Argus setting a target of $103, UBS at $98, Needham at $100, BMO Capital at $85, and Cantor Fitzgerald at $95.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

Containers to stay off roads as transporters remain divided

Containers to stay off roads as transporters remain divided

• Pakistan Transport Council ‘calls off’ wheel-jam after government accepts their eight demands • Oil tankers association also dissociates itself from strike after Ogra agrees to terms ISLAMABAD: A section of goods transporters on Friday called off its nationwide wheel-jam strike after reaching an agreement with the government, but major…

Weekly inflation rises 9.11pc

Weekly inflation rises 9.11pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose by 9.11 per cent year-on-year for the week ending Aug 13, mainly due to rising prices of non-perishable food products, according to official data released on Friday.