Block CFO & COO Amrita Ahuja sells $1.03m in stock

Block's CFO and COO, Amrita Ahuja, sold $1,032,173 of the company's Class A Common Stock in late August 2026, as part of a pre-approved trading plan. The stock was trading near its 52-week high of $86.75 at the time of the sales, which followed a 57% increase over the past six months. Ahuja sold 3,101 shares at $80.04 each on August 21, 2026, and an additional 4,636 shares at a weighted average price of $81.91 on August 24, 2026.

Another 4,875 shares were sold at a weighted average price of $82.92 on the same day. Block withheld 18,401 shares on August 20, 2026, to cover income tax and withholding obligations related to restricted stock units. Ahuja now holds 423,262 shares of Block's Class A Common Stock. Block reported strong second-quarter results, with earnings per share reaching $1.02, surpassing estimates.

The company also raised its fiscal year 2026 guidance, and analysts have adjusted their price targets accordingly, citing strong performance in the Square and Cash App ecosystems.