31 stories mentioning XYZUpdated 3d ago
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Anthony Mathew Eisen, Director, on July 27, 2026, sold 18,000 shares in Block (XYZ) for $1,456,800. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,631,672 Class A common shares of the company, with 1,631,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026050700/xslF345X05/wk-form4_1785365117.xml
Anthony Mathew Eisen, Director, on July 22, 2026, sold 18,000 shares in Block (XYZ) for $1,400,700. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,649,672 Class A common shares of the company, with 1,649,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026049647/xslF345X05/wk-form4_1784928388.xml
Block's (XYZ) medium-term guidance calling for similar gross profit and gross payment volume growth is achievable, UBS said in a note Wednesday following an analysis of the two metrics."Our analysis suggests Square's recent pricing initiatives are likely sufficient to achieve Block's guided ~flattish 2H 2026 GP vs. GPV spread," the report said.The target is achievable despite H2 mix-related headwinds such as upmarket and international mix shift, and hardware losses.The report came as the gap between GP and GPV growth hasbecome topical as GP growth began to more meaningfully lag GPV growth in the second half of 2025.UBS maintained its buy rating with a $92 price target.Price: $77.83, Change: $-2.55, Percent Change: -3.18%
Anthony Mathew Eisen, Director, on July 17, 2026, sold 18,000 shares in Block (XYZ) for $1,424,040. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,667,672 Class A common shares of the company, with 1,667,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026049078/xslF345X05/wk-form4_1784670214.xml
Anthony Mathew Eisen, Director, on July 14, 2026, sold 153,000 shares in Block (XYZ) for $12,740,520. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,685,672 Class A common shares of the company, with 1,685,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026048510/xslF345X05/wk-form4_1784236382.xml
Block (XYZ) could see stronger earnings growth as Cash App Borrow drives higher monetization, engagement and customer retention, UBS Securities said.The investment firm said in a Tuesday note that it expects Borrow to contribute about mid-20% adjusted earnings-per-share growth in 2026, followed by a mid- to high-single-digit contribution in 2027 and 2028.Loan originations and fee revenue are expected to keep rising, although growth could moderate after the benefit from Borrow's expansion into more US states fades. UBS said Oregon's restrictions should have little financial effect, while legal and banking options could help Block respond if more states introduce similar rules.UBS expects gross profit growth to accelerate across both Square and Cash App in fiscal 2026, supported by sales hiring, new lending products, AI tools and stronger links between the two platforms.The firm also said slower operating expense growth, stronger payments activity, recent pricing actions and the company's conservative guidance could lead to upward estimate revisions over the coming quarters.UBS has a buy rating and a $92 price target on the stock.Shares of Block were up 3.2% in Wednesday afternoon trading.Price: $82.55, Change: $+2.56, Percent Change: +3.19%
Anthony Mathew Eisen, Director, on July 09, 2026, sold 18,000 shares in Block (XYZ) for $1,400,400. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,838,672 Class A common shares of the company, with 1,838,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026048060/xslF345X05/wk-form4_1783980773.xml
Anthony Mathew Eisen, Director, on July 06, 2026, sold 18,000 shares in Block (XYZ) for $1,409,520. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,856,672 Class A common shares of the company, with 1,856,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026047705/xslF345X05/wk-form4_1783549032.xml
Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index falling 1.7% and the State Street Financial Select Sector SPDR ETF (XLF) dropping 1.8%.The Philadelphia Housing Index fell 3.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 1.5%.Bitcoin (BTC-USD) was declining 1.9% to $62,133, and the yield for 10-year US Treasuries rose 4 basis points to 4.569%.In economic news, US Federal Reserve officials held diverging views last month on the appropriate path of interest rates, minutes from the central bank's June policy meeting showed Wednesday. The Federal Open Market Committee unanimously decided to maintain its policy rate between 3.50% and 3.75% for the fourth consecutive time at the June 16-17 meeting. At the time, it removed the so-called easing bias from its policy statement.Separately, the International Monetary Fund lowered global economic growth expectations for 2026 as the impact of the Middle East war will likely counter a boost from rising AI adoption.In corporate news, Block (XYZ) will pay $45 million as part of a multistate settlement to resolve allegations that its Cash App failed to protect users from fraud and provide a fraud protection and resolution mechanism as required by law, Nebraska Attorney General Mike Hilgers said Wednesday. Block shares were down 1.8%.Truist Financial (TFC) faces a tough road ahead amid a leadership change and higher interest rates, BofA Securities said, joining other brokerages that recently downgraded their ratings on the regional bank. BofA lowered Truist's rating to neutral from buy, with a price target of $56. The downgrade follows recent rating cuts by Morgan Stanley, UBS Securities and Raymond James. Truist shares were down 3.6%.Saratoga Investment (SAR) reported a decline in fiscal Q1 net investment income per share late Tuesday, falling more than the market had anticipated. Its shares fell 14%.Lemonade's (LMND) recent share price rally has largely priced in the company's growth and earnings outlook, leaving limited room for additional upside without new catalysts, Morgan Stanley said in a note. Morgan Stanley downgraded the stock to equal weight from overweight with a price target of $75. Lemonade shares slumped past 8%.
Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index falling 1.7% and the State Street Financial Select Sector SPDR ETF (XLF) dropping 1.8%.The Philadelphia Housing Index fell 3.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 1.5%.Bitcoin (BTC-USD) was declining 1.9% to $62,133, and the yield for 10-year US Treasuries rose 4 basis points to 4.569%.In corporate news, Block (XYZ) will pay $45 million as part of a multistate settlement to resolve allegations that its Cash App failed to protect users from fraud and provide a fraud protection and resolution mechanism as required by law, Nebraska Attorney General Mike Hilgers said Wednesday. Block shares were down 1.8%.
Block (XYZ) will pay $45 million as part of a multistate settlement to resolve allegations that its Cash App failed to protect users from fraud and provide a fraud protection and resolution mechanism as required by law, Nebraska Attorney General Mike Hilgers said Wednesday.Under the settlement, the company also agreed to stop making allegedly "false or misleading" claims about Cash App's safety, provide live support to users to resolve complaints and account lockouts, and investigate fraud claims and reimburse users for unauthorized transactions, among other measures, according to a statement.Block did not immediately respond to' request for comment.Price: $76.08, Change: $-1.48, Percent Change: -1.91%
Anthony Mathew Eisen, Director, on June 22, 2026, sold 18,000 shares in Block (XYZ) for $1,323,480. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,940,672 Class A common shares of the company, with 1,940,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026045296/xslF345X05/wk-form4_1782336968.xml
Anthony Mathew Eisen, Director, on June 16, 2026, sold 18,000 shares in Block (XYZ) for $1,338,240. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,958,672 Class A common shares of the company, with 1,958,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026044427/xslF345X05/wk-form4_1781819262.xml
Block (XYZ) has an average rating of buy and mean price target of $89.87, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Anthony Mathew Eisen, Director, on June 09, 2026, sold 18,000 shares in Block (XYZ) for $1,209,180. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,984,990 Class A common shares of the company, with 1,984,990 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026042598/xslF345X05/wk-form4_1781215367.xml
Block's (XYZ) Square platform said Tuesday it has been selected by The Hat to manage operations across its 11 locations as the pastrami chain prepares to open its first store outside Southern California.Square said its Square for Restaurants system provides centralized menu management, real-time reporting, and unified commerce capabilities. The Hat also uses Square Register for high-volume counter service and Square Marketing for online customer engagement, according to a statement.Shares of Block were down 1.2% in Tuesday trading.Price: $69.80, Change: $-0.83, Percent Change: -1.18%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $10 to $81, 16.7x our 2027 earnings estimate, vs. XYZ's three-year historical forward P/E average of 25.4x. We raise our 2026 EPS view to $3.85 from $3.62 and 2027's to $4.85 from $4.35. Following a strong first quarter, XYZ significantly raised its full-year 2026 guidance, and is now projecting 19% gross profit growth and over 60% growth in adjusted EPS. This confidence is fueled by accelerating momentum across its core businesses, including explosive growth in Cash App's lending products and renewed strength in Square's target verticals. Crucially, the quarter provided the first tangible proof of its AI-centric strategy, with management citing a 2.5x increase in engineer productivity and dramatically accelerated project timelines. While the 82% surge in lending originations introduces heightened credit risk, this is currently being managed by a disciplined underwriting model where loss rates on mature customer cohorts are proving to be healthy and predictable.
Financial stocks were lower late Friday afternoon, with the NYSE Financial Index decreasing 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.5%.The Philadelphia Housing Index was up 0.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.4%.Bitcoin (BTC-USD) rose 0.1% to $80,056, and the yield for 10-year US Treasuries lost 2.8 basis points to 4.36%.In economic news, the April employment report showed nonfarm payrolls rose by 115,000, above the 65,000 jobs rise expected in a Bloomberg survey, while March payrolls were revised up to a 185,000 increase and February payrolls were revised down to a 156,000 decrease.The University of Michigan's preliminary consumer sentiment index fell to 48.2 in May from 49.8 in April, lower than the expectations for a smaller decrease to 49.5 in a Bloomberg poll.In corporate news, Apollo Global Management (APO) and Blackstone (BX) are among the private-credit firms involved in discussions with Broadcom (AVGO) on $35 billion in financing, Bloomberg reported. Apollo shares rose 3.8%, and Blackstone added 1%.Block (XYZ) shares jumped past 7% after the company late Thursday reported higher adjusted earnings and revenue that also beat analysts' estimates.Two Harbors Investment (TWO) shares rose 1.3% after the firm said it signed an amended merger agreement with CrossCountry Mortgage to increase the all-cash buyout offer to $12 per share from $11.30.Goldman Sachs-backed (GS) Go is seeking a valuation of about 200 billion Japanese yen ($1.28 billion) for its initial public offering in Tokyo, Bloomberg reported. Goldman was up 1.1%.
Financial stocks were lower Friday afternoon, with the NYSE Financial Index decreasing 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.5%.The Philadelphia Housing Index rose 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.5%.Bitcoin (BTC-USD) eased 0.1% at $79,953, and the yield for 10-year US Treasuries was down 2.6 basis points to about 4.37%.In economic news, the April employment report showed nonfarm payrolls rose by 115,000, above the 65,000 jobs rise expected in a Bloomberg survey, while March payrolls were revised up to a 185,000 increase and February payrolls were revised down to a 156,000 decrease.The University of Michigan's preliminary consumer sentiment index fell to 48.2 in May from 49.8 in April, lower than the expectations for a smaller decrease to 49.5 in a Bloomberg poll.In corporate news, Block (XYZ) shares jumped past 9% after the company late Thursday reported higher adjusted earnings and revenue that also beat analysts' estimates.Two Harbors Investment (TWO) shares rose 1.2% after the firm said it signed an amended merger agreement with CrossCountry Mortgage to increase the all-cash buyout offer to $12 per share from $11.30.Goldman Sachs-backed (GS) Go is seeking a valuation of about 200 billion Japanese yen ($1.28 billion) for its initial public offering in Tokyo, Bloomberg reported. Goldman was up 0.6%.
Financial stocks were lower Friday afternoon, with the NYSE Financial Index decreasing 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.6%.The Philadelphia Housing Index rose 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.5%.Bitcoin (BTC-USD) eased 0.1% at $79,953, and the yield for 10-year US Treasuries was shedding 2.6 basis points to nearly 4.37%.In corporate news, Block (XYZ) shares jumped past 8% after the company late Thursday reported higher adjusted earnings and revenue that also beat analysts' estimates.
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