Block, Inc. director Anthony Mathew Eisen sold 18,000 Class A common shares in three tranches last week under a Rule 10b5-1 plan adopted in March, netting approximately $1.45 million.
The transactions occurred on Aug. 20, 21 and 24 at prices ranging from $80.04 to $81.48 per share. Block’s stock was trading at $81.38 at the time of reporting, up 57% over the prior six months. Following the sales, Eisen retains direct ownership of 1,488,672 Class A shares.
The disposals follow a series of analyst upgrades. Argus raised its price target to $103 from $85, citing accelerated payment volumes and improved projections. UBS increased its target to $98 from $92, highlighting expected gross profit growth from Square and Cash App. Needham adjusted its target to $100 from $95, noting Block’s Q2 2026 adjusted EPS of $1.02, which exceeded both the prior year’s $0.62 and the consensus estimate of $0.87. BMO Capital raised its target to $85 from $78 but maintained a market-perform rating.
