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Brian Grassadonia, Ecosystem Lead, on August 03, 2026, sold 25,908 shares in Block (XYZ) for $2,115,110. Following the Form 4 filing with the SEC, Grassadonia has control over a total of 531,746 Class A common shares of the company, with 531,746 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026053485/xslF345X05/wk-form4_1785963736.xml
Block (XYZ) reported Q2 adjusted earnings late Wednesday of $1.02 per diluted share, up from $0.62 a year earlier.Analysts polled by FactSet expected $0.87.Revenue in the three months ended June 30 rose to $6.62 billion from $6.05 billion a year earlier.Analysts projected $6.47 billion.Block expects Q3 adjusted diluted EPS of $1.02. Analysts project $1.01.The company increased full-year adjusted EPS guidance to $4.02 from the prior outlook of $3.85. Analysts project $3.90.Block shares fell 1.7% in after-hours trading.
Anthony Mathew Eisen, Director, on July 30, 2026, sold 18,000 shares in Block (XYZ) for $1,469,760. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,613,672 Class A common shares of the company, with 1,613,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026051998/xslF345X05/wk-form4_1785793083.xml
Block (XYZ) estimates are lowered slightly on more conservative Cash App assumptions in Q4 amid balanced expectations among investors ahead of Q2, Morgan Stanley said in a Monday note.The report said improving Square execution and cost savings are likely to offset concerns around sentiment, tougher comparisons, and monetization levers in Cash App. The results are due Aug. 5.The note pointed to factors including intense competition among short-term credit/Buy Now, Pay Later lenders within the youngerand lower-income demographics, and PayPal might become more aggressive with its offerings, for the lower Cash App estimates.The report said sentiment has recently become more cautious, with most investors still expecting healthy fundamentals but seeing limited upside at the current valuation."We remain constructive on Square's Seller trajectory and comfortable with the pace of acceleration," the note said, pointing to stronger execution among larger merchants, and continued expansion of its sales distribution capabilities.Morgan Stanley lowered its price target to $90 from $98 while maintaining its overweight rating.Price: $81.90, Change: $+0.66, Percent Change: +0.81%
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.
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%
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