Block director Anthony Eisen sells $1.49m in company shares

Anthony Mathew Eisen, a Block, Inc. director, recently divested company shares, totaling $1.49 million, from August 28 to September 1, 2026. The share prices ranged between $80.04 and $85.12, while Block's stock trades at $77.88. It declined 6.3% over the past week and fell below Eisen's selling range. Eisen's sales were executed under a Rule 10b5-1 trading plan, initiated on March 2, 2026.

The company remains undervalued according to its Fair Value analysis. Investors can explore Block's detailed Pro Research Report for more information. Block Inc. reported robust second-quarter 2026 earnings of $1.02 per share, outpacing the consensus estimate of $0.87 and a substantial 87% increase from the previous year. UBS raised its price target for Block to $98, anticipating a 15% year-over-year growth in adjusted gross profit due to strong performance in the Square and Cash App ecosystems.

Argus increased its target to $103, emphasizing accelerated payment volumes and improved guidance. Bernstein maintained an Outperform rating on Block with a $95 price target following the expansion of its Neighborhoods initiative, which saw a tenfold increase in participating sellers since June. Wolfe Research highlighted Block as one of the top five fintech stocks of interest, alongside Mastercard and Adyen.

Goldman Sachs revised its revenue and earnings per share estimates upwards for several fintech companies, though Block was not specifically mentioned. These developments reveal a period of significant activity and investor interest in Block Inc.