Block director Anthony Mathew Eisen sold approximately $1.45 million of Class A common stock in three tranches this week, according to regulatory filings.
Eisen disposed of 6,000 shares each on August 20, 21 and 24 at prices ranging from $80.04 to $81.48 per share, with the stock last trading at $81.38. The transactions were executed under a Rule 10b5-1 trading plan adopted on March 2, 2026.
Following the sales, Eisen retains a direct holding of 1,488,672 shares in Block. Block’s Class A shares have gained about 57% over the past six months.
The insider activity coincides with Block’s second-quarter 2026 results, which reported adjusted earnings of $1.02 per share, exceeding the prior-year figure of $0.62 and the consensus estimate of $0.87. Analysts have subsequently raised price targets on the stock.
Argus raised its target to $103 from $85, citing accelerated payment volumes and improved guidance. UBS increased its target to $98 from $92, pointing to expected growth in adjusted gross profit across Square and Cash App ecosystems. Needham adjusted its target to $100 from $95, highlighting quarterly results that surpassed estimates for gross profit, adjusted operating income and EPS. BMO Capital raised its target to $85 from $78 but maintained a Market Perform rating.
