<div id="readability-page-1"><p>Centaurus Financial Inc. acquired a new position in  Block, Inc. (NYSE:XYZ - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor  acquired 20,744 shares of the technology company's stock, valued at approximately $1,409,000.</p><ul><li>Hims, Block, and NRG Just Launched Huge Stock Buybacks </li></ul><p>Several other hedge funds have also recently modified their holdings of XYZ. Nemes Rush Group LLC purchased a new position in shares of  Block in the 2nd quarter worth approximately $26,000.  Traub Capital Management LLC bought a new stake in  Block during the second quarter worth $26,000.  SouthState Corp bought a new stake in  Block during the second quarter worth $29,000.  First Horizon Advisors Inc. purchased a new position in  Block in the second quarter worth $30,000.  Finally, Comprehensive Financial Planning Inc. PA bought a new position in  Block in the 2nd quarter valued at $31,000. Institutional investors own  70.44% of the company's stock. </p><h2>Insider Activity</h2><p>In related news, insider Brian Grassadonia sold 8,085 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $61.96, for a total transaction of $500,946.60. Following the sale, the insider owned 521,352 shares of the company's stock, valued at approximately $32,302,969.92. This represents a 1.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Owen Britton Jennings sold 10,417 shares of the firm's stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $61.40, for a total value of $639,603.80. Following the completion of the transaction, the insider owned 243,540 shares of the company's stock, valued at approximately $14,953,356. This represents a 4.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 99,198 shares of company stock valued at $6,968,155. 10.49% of the stock is currently owned by corporate insiders. </p><h2>Analysts Set New Price Targets</h2><ul><li>Block Levels Up: What S&amp;P 500 Inclusion Means for Investors</li></ul><p>A number of equities research analysts have recently commented on XYZ shares. Mizuho lifted their target price on Block from $88.00 to $100.00 and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, November 20th. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Block in a report on Monday, December 8th. Piper Sandler lowered their price objective on shares of Block from $58.00 to $55.00 and set an &#34;underweight&#34; rating on the stock in a research report on Friday, November 7th. Zacks Research cut shares of Block from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Monday, November 10th. Finally, Needham &amp; Company LLC  restated a &#34;buy&#34; rating and set a $80.00 price target on shares of Block in a research note on Monday, November 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have assigned  a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $83.42.</p><p><b>Check Out Our Latest Report on Block</b></p><h2>Block Price Performance</h2><ul><li>Snag These 3 Bargain Tech Stocks Before They Pop</li></ul><p>Shares of NYSE:XYZ opened at $64.74 on Monday. The firm has a market capitalization of $39.34 billion, a PE ratio of 13.05, a P/E/G ratio of 2.57 and a beta of 2.66. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $69.42 and a two-hundred day moving average price of $71.20. Block, Inc. has a twelve month low of $44.27 and a twelve month high of $95.78. </p><p>Block (NYSE:XYZ - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.29. The company had revenue of $6.11 billion for the quarter. Block had a net margin of 12.99% and a return on equity of 5.54%. The business's revenue for the quarter was up 2.3% on a year-over-year basis. During the same period last year, the firm earned $0.53 EPS.  Equities analysts forecast that  Block, Inc. will post 2.54 EPS for the current year. </p><h2>About Block</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Block</li><li>Why Are These Companies Considered Blue Chips?</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>How to Short a Stock in 5 Easy Steps </li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>Insider Selling Explained: Can it Inform Your Investing Choices?</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><strong>Want to see what other hedge funds are holding XYZ?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Block, Inc. (NYSE:XYZ - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhZWg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhZWg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Block Right Now?</h2><p>Before you consider Block, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Block wasn't on the list.</p><p>While Block currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Centaurus Financial Inc. acquired 20,744 shares of Block, Inc. valued at $1,409,000. Insider sales included Brian Grassadonia and Owen Britton Jennings, reducing their holdings. Analysts have mixed ratings on Block, Inc., with a consensus price target of $83.42. Block's recent earnings beat expectations with $0.54 EPS and $6.11 billion revenue. The stock opened at $64.74 with a market cap of $39.34 billion.</p>

20,744 Shares in Block, Inc. $XYZ Purchased by Centaurus Financial Inc.