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.
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