Lawrence Summers - Block Independent Director

SQ Stock  USD 89.01  1.74  1.92%   

Director

Dr. Lawrence H. Summers is Independent Director of the company. Dr. Summers has served as a member of our board of directors since June 2011. Since January 2011, Dr. Summers has served as the Charles W. Eliot University Professor President Emeritus of Harvard University and the Weil Director of the MossavarRahmani Center for Business Government at the Harvard Kennedy School. From January 2009 to December 2010, Dr. Summers served as Director of the National Economic Council for President Obama. Dr. Summers previously served as President of Harvard University, and he has also served in various other senior policy positions, including as Secretary of the Treasury and Vice President of Development Economics and Chief Economist of the World Bank. Dr. Summers currently serves as the Chairman of the International Advisory Board at Santander Bank and on the boards of directors of a number of privatelyheld companies since 2011.
Age 65
Tenure 13 years
Professional MarksPh.D
Address 1955 Broadway, Oakland, CA, United States, 94612
Phone415 375 3176
Webhttps://www.block.xyz
Summers holds a B.S. in Economics from Massachusetts Institute of Technology and a Ph.D. in Economics from Harvard University.

Lawrence Summers Latest Insider Activity

Tracking and analyzing the buying and selling activities of Lawrence Summers against Block stock is an integral part of due diligence when investing in Block. Lawrence Summers insider activity provides valuable insight into whether Block is net buyers or sellers over its current business cycle. Note, Block insiders must abide by specific rules, including filing SEC forms every time they buy or sell Block'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Block Management Efficiency

The company has Return on Asset (ROA) of 0.0173 % which means that for every $100 of assets, it generated a profit of $0.0173. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0543 %, which means that it produced $0.0543 on every 100 dollars invested by current stockholders. Block's management efficiency ratios could be used to measure how well Block manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Block's Return On Tangible Assets are relatively stable compared to the past year. As of 11/26/2024, Return On Assets is likely to grow to 0.0003, while Return On Capital Employed is likely to drop (0.01). As of 11/26/2024, Total Current Liabilities is likely to grow to about 10.4 B. Also, Liabilities And Stockholders Equity is likely to grow to about 35.8 B
Block Inc reports 6.07 B of total liabilities with total debt to equity ratio (D/E) of 0.33, which is normal for its line of buisiness. Block Inc has a current ratio of 1.82, which is generally considered normal. Note however, debt could still be an excellent tool for Block to invest in growth at high rates of return.

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Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. Block, Inc. was incorporated in 2009 and is based in San Francisco, California. Block operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 8521 people. Block Inc (SQ) is traded on New York Stock Exchange in USA. It is located in 1955 Broadway, Oakland, CA, United States, 94612 and employs 12,000 people. Block is listed under Data Processing & Outsourced Services category by Fama And French industry classification.

Management Performance

Block Inc Leadership Team

Elected by the shareholders, the Block's board of directors comprises two types of representatives: Block inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Block. The board's role is to monitor Block's management team and ensure that shareholders' interests are well served. Block's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Block's outside directors are responsible for providing unbiased perspectives on the board's policies.
Darren Walker, Independent Director
Shawn Carter, Director
James McKelvey, Independent Director
Jack Dorsey, Chairman of the Board, President, Chief Executive Officer
Sharon Rothstein, Director
Jacqueline Reses, Square Capital Lead and People Lead
Amy Brooks, Independent Director
Sivan Whiteley, General Counsel and Corporate Secretary
Mike Brock, Chief TBD
Ajmere Dale, Chief Accounting Officer
Lawrence Summers, Independent Director
Paul Deighton, Independent Director
Brian Grassadonia, Cash App Lead
Mary Meeker, Independent Director
Randall Garutti, Independent Director
Felicia Mayo, People Lead
Roelof Botha, Independent Director
Alyssa Henry, Seller Lead
Jesse Dorogusker, Tidal Lead
Jason Lee, Head Relations
Chrysty Esperanza, Corporate Secretary
Nikhil Dixit, Head Relations
Amrita Ahuja, Chief Financial Officer
Anna Patterson, Independent Director
David Viniar, Lead Independent Director

Block Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Block a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Block

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Block position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Block will appreciate offsetting losses from the drop in the long position's value.

Moving together with Block Stock

  0.85G Genpact LimitedPairCorr
  0.87BR Broadridge FinancialPairCorr

Moving against Block Stock

  0.83VCIG VCI Global LimitedPairCorr
  0.65MG Mistras GroupPairCorr
  0.62FC Franklin CoveyPairCorr
  0.6DLHC DLH Holdings Corp Earnings Call Next WeekPairCorr
  0.56VLTO VeraltoPairCorr
The ability to find closely correlated positions to Block could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Block when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Block - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Block Inc to buy it.
The correlation of Block is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Block moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Block Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Block can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Block Stock Analysis

When running Block's price analysis, check to measure Block's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.