Street Calls of the Week
Amrita Ahuja, the CFO & COO of Block, Inc. (NYSE:XYZ), sold 6,581 shares of Class A Common Stock at a price of $75 on September 16, 2025. The total value of the sale amounted to $493,575.
Following the transaction, Ahuja directly owns 285,551 shares of Block, Inc.
The sale was executed under a Rule 10b5-1 trading plan adopted on February 25, 2025.
In other recent news, Block Inc. has been the focus of several analyst updates following its second-quarter earnings report. Bernstein SocGen Group reiterated an Outperform rating with a $95.00 price target, emphasizing the significant role of Block’s lending business, which now accounts for about 22% of the company’s gross profit. This segment contributed to more than 50% of the gross profit growth in the second quarter, where Block reported a 14% increase in gross profit.
Jefferies adjusted its price target for Block to $90.00 from $95.00, maintaining a Buy rating while noting positive momentum in Square’s U.S. gross payment volume. Truist Securities raised its price target to $70.00 from $65.00, attributing the increase to the growth of Cash App Borrow, despite keeping a Sell rating on the stock. Keefe, Bruyette & Woods also reiterated an Outperform rating, expressing confidence in Block’s growth trajectory for the rest of the year.
These developments highlight the varied perspectives among analysts regarding Block’s financial performance and growth potential.
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