In Wednesday’s Wall Street session, Block Inc (NYSE:XYZ) shares traded at $69.22, up 1.39% from the previous session.
XYZ stock price is now 15.56% away from the 50-day moving average and -3.02% away from the 200-day moving average. The market capitalization of the company currently stands at $42.57B.
With the price target of $80, Compass Point recently initiated with Buy rating for Block Inc (NYSE: XYZ). , while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, Prasanna Dhananjay, Technology + Engineering Lead sold 2,800 shares of the company’s stock on Jul 01 ’25. The stock was sold for $189,672 at an average price of $67.74. Upon completion of the transaction, the Technology + Engineering Lead now directly owns 307,951 shares in the company, valued at $21.32 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 30 ’25, Technology + Engineering Lead Prasanna Dhananjay sold 2,400 shares of the business’s stock. A total of $161,376 was realized by selling the stock at an average price of $67.24. This leaves the insider owning 310,751 shares of the company worth $21.51 million. A total of 12.84% of the company’s stock is owned by insiders.
During the past 12 months, Block Inc has had a low of $44.27 and a high of $99.26. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 2.27, and a quick ratio of 2.26.
The net profit margin was 10.92% and return on equity was 12.93% for XYZ. The company reported revenue of $5.77 billion for the quarter, compared to $5.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.11 percent.
