In a filing, Block Inc revealed its Officer DHANANJAY PRASANNA acquired Company’s shares for reported $0.17 million on Jun 02 ’25. In the deal valued at $60.56 per share,2,800 shares were bought.
Then, Prasanna Dhananjay sold 11,318 shares, generating $695,039 in total proceeds. Upon selling the shares at $61.41, the Technology + Engineering Lead now owns 318,751 shares.
Before that, DHANANJAY PRASANNA bought 11,318 shares. Block Inc shares valued at $695,061 were divested by the Officer at a price of $61.41 per share.
Evercore ISI upgraded its Block Inc [XYZ] rating to an Outperform from a an In-line in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early June with a ‘”a Sell”‘ rating. BNP Paribas Exane also remained covering XYZ and has increased its forecast on May 27, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. Macquarie revised its rating on May 05, 2025. It rated XYZ as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of XYZ
On Tuesday, Block Inc [NYSE:XYZ] saw its stock jump 2.83% to $63.51. Over the last five days, the stock has gained 2.19%. Block Inc shares have fallen nearly -25.27% since the year began. Nevertheless, the stocks have fallen -2.32% over the past one year. While a 52-week high of $99.26 was reached on 01/30/25, a 52-week low of $44.27 was recorded on 05/02/25. SMA at 50 days reached $55.93, while 200 days put it at $71.33.
Levels Of Support And Resistance For XYZ Stock
The 24-hour chart illustrates a support level at 62.41, which if violated will result in even more drops to 61.32. On the upside, there is a resistance level at 64.20. A further resistance level may holdings at 64.90. The Relative Strength Index (RSI) on the 14-day chart is 64.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.37%. Stochastics %K at 88.85% indicates the stock is a selling.
How much short interest is there in Block Inc?
A steep rise in short interest was recorded in Block Inc stocks on 2025-05-15, growing by 0.87 million shares to a total of 17.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 16.12 million shares. There was a rise of 5.14%, which implies that there is a positive sentiment for the stock.
