A Block of Stock represents a large number of shares of a business entity listed on an exchange. The purchase or sale of a block of stock or shares is normally negotiated rather than traded which the transaction price normally negotiated between parties outside the open market to avoid a sudden drop in the stock’s price on the market. The main buyers of a block of shares are institutional investors and hedge funds rather than individuals because of the scale and size of such transactions. Business valuators normally introduce blockade discount if the size of the block of stock being offload is large as this will create a liquidity event where the supply will exceed demand leading to a fall in the price of the share.