Insider Buying: Block, Inc. (ASX:SQ2) Insider Buys 319,000 Shares of Stock

Block, Inc. (ASX:SQ2Get Free Report) insider James McKelvey bought 319,000 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were acquired at an average price of A$93.10 ($61.25) per share, for a total transaction of A$29,698,900.00 ($19,538,750.00).

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About Block

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Block, Inc, together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order managers, and payment and commerce application programming interfaces; managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services.

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