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Block, Inc. (NYSE:SQ - Get Rating) insider Alyssa Henry sold 30,769 shares of the firm's stock in a transaction on Wednesday, August 17th. The shares were sold at an average price of $83.20, for a total value of $2,559,980.80. Following the completion of the sale, the insider now directly owns 428,058 shares of the company's stock, valued at approximately $35,614,425.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Alyssa Henry also recently made the following trade(s): On Wednesday, August 10th, Alyssa Henry sold 30,769 shares of Block stock. The shares were sold at an average price of $86.18, for a total value of $2,651,672.42. On Wednesday, August 3rd, Alyssa Henry sold 30,769 shares of Block stock. The stock was sold at an average price of $81.88, for a total value of $2,519,365.72. On Wednesday, July 27th, Alyssa Henry sold 30,770 shares of Block stock. The stock was sold at an average price of $68.47, for a total value of $2,106,821.90. On Wednesday, July 20th, Alyssa Henry sold 30,770 shares of Block stock. The stock was sold at an average price of $71.26, for a total value of $2,192,670.20. On Wednesday, July 13th, Alyssa Henry sold 30,770 shares of Block stock. The stock was sold at an average price of $62.22, for a total value of $1,914,509.40. On Tuesday, July 5th, Alyssa Henry sold 5,485 shares of Block stock. The stock was sold at an average price of $62.63, for a total value of $343,525.55. On Wednesday, June 29th, Alyssa Henry sold 30,770 shares of Block stock. The shares were sold at an average price of $63.47, for a total transaction of $1,952,971.90. On Wednesday, June 22nd, Alyssa Henry sold 30,770 shares of Block stock. The shares were sold at an average price of $60.14, for a total transaction of $1,850,507.80. On Wednesday, June 15th, Alyssa Henry sold 30,770 shares of Block stock. The shares were sold at an average price of $62.60, for a total transaction of $1,926,202.00. On Wednesday, June 8th, Alyssa Henry sold 30,770 shares of Block stock. The shares were sold at an average price of $85.79, for a total transaction of $2,639,758.30. Block Stock Down 6.7 %

Shares of SQ traded down $5.36 during trading on Friday, reaching $74.36. The company's stock had a trading volume of 12,946,279 shares, compared to its average volume of 18,911,197. The company has a fifty day moving average of $71.41 and a two-hundred day moving average of $94.82. Block, Inc. has a twelve month low of $56.01 and a twelve month high of $276.14. The company has a market cap of $43.13 billion, a price-to-earnings ratio of -81.88 and a beta of 2.45. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.24.

Block (NYSE:SQ - Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The technology company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.33 billion. Block had a negative return on equity of 2.52% and a negative net margin of 3.00%. The business's revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.38 EPS. On average, sell-side analysts predict that Block, Inc. will post -0.72 EPS for the current fiscal year. Analyst Ratings Changes

Several analysts have commented on the company. Citigroup lowered their price target on Block from $185.00 to $135.00 in a report on Tuesday, July 26th. Deutsche Bank Aktiengesellschaft lowered their price target on Block from $180.00 to $155.00 in a report on Monday, May 23rd. Moffett Nathanson lowered their price target on Block from $200.00 to $170.00 in a report on Friday, May 6th. Keefe, Bruyette & Woods lowered their price target on Block from $150.00 to $100.00 in a report on Monday, July 11th. Finally, Mizuho lowered their price target on Block from $135.00 to $125.00 and set a "buy" rating for the company in a report on Monday, August 8th. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirty-five have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $152.34.Institutional Investors Weigh In On Block

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ameritas Advisory Services LLC bought a new position in Block during the 4th quarter worth $612,000. Summit Financial LLC grew its stake in Block by 18.1% during the 4th quarter. Summit Financial LLC now owns 2,038 shares of the technology company's stock worth $329,000 after buying an additional 312 shares during the last quarter. GraniteShares Advisors LLC bought a new position in Block during the 4th quarter worth $341,000. Slow Capital Inc. grew its stake in Block by 9.5% during the 4th quarter. Slow Capital Inc. now owns 10,895 shares of the technology company's stock worth $1,760,000 after buying an additional 945 shares during the last quarter. Finally, Advanced Research Investment Solutions LLC bought a new position in Block during the 4th quarter worth $161,000. 54.56% of the stock is owned by institutional investors and hedge funds. About Block (Get Rating)

Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.See AlsoGet a free copy of the StockNews.com research report on Block (SQ)Apple’s Stock Could Be On The Verge Of Another 30% RallyNear-Term Headwinds Present An Opportunity In Ross StoresIs Sanofi A Buy, Despite Recent Stumbles? If You Hate Speed Cameras, Then You’ll Like Verra Mobility Stock Institutional Support For TJX Companies May Cap Gains

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