Block director Anthony Eisen sells $1.38 million in XYZ shares
Anthony Eisen, a director at Block, Inc., chose to sell 18,000 shares of the company's Class A Common Stock valued at $1,376,820 over a three-day period in mid-October. The stock price at the time of the transactions was $75.85, resulting in a market capitalization of $45.81 billion for the financial services company. The trades took place between October 12 and October 14, 2026, with Eisen disposing of shares at prices ranging from $75.70 to $76.97 per share.
These transactions were carried out according to a Rule 10b5-1 trading plan initiated on March 2, 2026. Following these reported sales, Eisen directly owns 1,272,672 shares of Block Class A Common Stock. Block Inc. has been the subject of various analyst updates, including Baird raising its price target to $106.00 and maintaining an Outperform rating, Piper Sandler reaffirming an Overweight rating with a $105.00 price target, and Cantor Fitzgerald maintaining an Overweight rating with a $95.00 price target.
These assessments reflect a positive outlook on Block's future performance, with analysts highlighting the company's credit model, user base monetization, and growth projections for fiscal year 2026.
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