Block’s (XYZ) EPS Surged 65%, So Why Did the Stock Drop?
Block Inc. (NYSE:XYZ) posted one of its strongest quarters in years on August 5, then watched its shares fall roughly 6% the next day.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Citadel Investment Group Ken Griffin | 5,901,133 | $448,486,108 | -7% | 0.05% |
| 2. | Tiger Global Management LLC Chase Coleman And Feroz Dewan | 4,576,007 | $347,776,532 | +15% | 1.45% |
| 3. | 4,500,500 | $342,038,000 | +57% | 0.04% | |
| 4. | Point72 Asset Management Steve Cohen | 4,470,306 | $339,743,256 | -30% | 0.37% |
| 5. | ARK Investment Management Catherine D. Wood | 3,097,973 | $235,445,950 | +1% | 1.53% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $57.82 | 313,139 | $18,106,511.14 | 434,405 | 2024-08-06 | Filing | |
| $56.86 | 121,266 | $6,895,075.62 | 121,266 | 2024-08-06 | Filing | |
| $50.97 | 23,433 | $1,194,485.46 | 540,646 | 2023-11-13 | Filing | |
| $50.99 | 15,262 | $778,238.38 | 517,213 | 2023-11-10 | Filing | |
| $51.00 | 6,412 | $326,992.12 | 501,951 | 2023-11-09 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $82.87 | 6,000 | $497,220.00 | 1,524,672 | 2026-08-14 | Filing | |
| $79.16 | 6,000 | $474,960.00 | 1,530,672 | 2026-08-13 | Filing | |
| $78.62 | 6,000 | $471,720.00 | 1,536,672 | 2026-08-12 | Filing | |
| $78.82 | 6,000 | $472,920.00 | 1,542,672 | 2026-08-11 | Filing | |
| $78.47 | 6,000 | $470,820.00 | 1,548,672 | 2026-08-10 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 41,573,031 | $3,159,550,341 | 0.05% | |
| 2. | 34,947,284 | $2,655,993,584 | 0.06% | |
| 3. | 24,929,106 | $1,894,612,056 | 0.09% | |
| 4. | 23,055,792 | $1,752,240,192 | 0.05% | |
| 5. | 21,404,048 | $1,626,729,295 | 0.19% |