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“1,525 shares sold by Block Inc’s Chief Accounting Officer, Ajmere Dale.”

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TLDR:

  • Block Inc’s Chief Accounting Officer, Ajmere Dale, has sold 1,525 shares of the company.
  • The sale was executed at a stock price of $74.32 per share, resulting in a total sale amount of $113,338.

Chief Accounting Officer Ajmere Dale of Block Inc, formerly known as Square Inc, has sold 1,525 shares of the company. The sale was executed at a stock price of $74.32 per share, resulting in a total sale amount of $113,338. Block Inc is a technology company that focuses on financial services, providing tools for sellers to accept card payments and offering financial and marketing services. Over the past year, Dale has sold a total of 6,495 shares of Block Inc, while there has only been 1 insider buy during the same period. In terms of valuation, Block Inc’s shares were trading at $74.32 at the time of the sale, giving the company a market capitalization of $41.76 billion. The stock’s price-to-GF-Value ratio is 0.93, indicating that Block Inc is modestly undervalued based on GuruFocus’ proprietary intrinsic value estimate. Insider transactions, such as this sale by Dale, can provide insights into a company’s perspective on its own stock’s valuation and future prospects.

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