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Block, Inc. (NYSE:XYZ), a $45.6 billion market cap financial services company, saw its Chief Accounting Officer Dale Ajmere sell 750 shares of Class A Common Stock at a price of $80, according to a Form 4 filing with the Securities and Exchange Commission. The transaction, which occurred on October 8, 2025, resulted in a total sale value of $60,000. The stock has shown remarkable strength with a 53% gain over the past six months.
Following the transaction, Ajmere directly owns 102,308 shares of Block, Inc.
The sale was executed under a Rule 10b5-1 trading plan adopted on May 22, 2025.
In other recent news, Block Inc. has caught the attention of several analyst firms with their latest evaluations and product innovations. UBS maintained its Buy rating and a $95.00 price target for Block, highlighting the Cash App Card’s Buy Now, Pay Later feature as a potential catalyst for upward revisions in earnings estimates. Similarly, TD Cowen reiterated its Buy rating with the same price target, praising Block’s innovation and focus on new solutions for the restaurant and food and beverage sectors. Jefferies also maintained its Buy rating, setting a $90.00 price target, and noted a recent decline in job listings for sales roles, which they interpret as a sign of potential growth in U.S. Gross Payment Volume in 2026.
Block has been active in enhancing its product offerings, including updates to its Square AI assistant, which now integrates local data insights to help small businesses make informed decisions. Additionally, Square launched a fee-free bitcoin payment solution for small businesses, allowing them to accept bitcoin payments without processing fees for the first year. This new platform, Square Bitcoin, includes features for Bitcoin Payments, Conversions, and a Wallet, enabling seamless integration into existing business operations. These developments reflect Block’s ongoing commitment to innovation and expansion in the financial technology space.
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