Key Points
- CFO Daniel Luke Smith bought 2,500 shares on Dec. 8 at $4.16, raising his direct stake to 6,236 shares (a 66.92% increase); he also bought 3,736 and 7,000 shares on Dec. 5, totaling 13,236 shares purchased recently for $55,337.04.
- LSAK trades near $4.21 (12‑month range $3.39–$5.58), recently missed quarterly EPS estimates with negative margins and ROE, has FY2026 guidance of 0.260 EPS, and carries an average analyst rating of Sell.
Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) CFO Daniel Luke Smith acquired 2,500 shares of the company's stock in a transaction that occurred on Monday, December 8th. The shares were acquired at an average cost of $4.16 per share, with a total value of $10,400.00. Following the purchase, the chief financial officer directly owned 6,236 shares of the company's stock, valued at $25,941.76. This trade represents a 66.92% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Daniel Luke Smith also recently made the following trade(s):
- On Friday, December 5th, Daniel Luke Smith bought 3,736 shares of Lesaka Technologies stock. The stock was acquired at an average price of $4.14 per share, for a total transaction of $15,467.04.
- On Friday, December 5th, Daniel Luke Smith purchased 7,000 shares of Lesaka Technologies stock. The stock was acquired at an average cost of $4.21 per share, for a total transaction of $29,470.00.
Lesaka Technologies Stock Performance
Shares of LSAK opened at $4.21 on Wednesday. Lesaka Technologies, Inc. has a 12-month low of $3.39 and a 12-month high of $5.58. The company has a current ratio of 1.61, a quick ratio of 1.48 and a debt-to-equity ratio of 1.10. The company has a market cap of $354.02 million, a PE ratio of -3.93 and a beta of 0.59. The stock has a 50-day moving average price of $4.07 and a 200-day moving average price of $4.30.
Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.09). Lesaka Technologies had a negative net margin of 14.02% and a negative return on equity of 47.06%. The company had revenue of $171.45 million during the quarter, compared to analysts' expectations of $158.00 million. Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. As a group, equities analysts forecast that Lesaka Technologies, Inc. will post -0.16 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Lesaka Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP bought a new stake in Lesaka Technologies in the third quarter valued at $74,000. Citadel Advisors LLC raised its holdings in Lesaka Technologies by 26.4% in the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company's stock worth $79,000 after purchasing an additional 3,959 shares in the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC purchased a new stake in shares of Lesaka Technologies in the 2nd quarter worth about $595,000. Finally, Rathbones Group PLC boosted its stake in shares of Lesaka Technologies by 41.3% during the 1st quarter. Rathbones Group PLC now owns 1,797,332 shares of the company's stock valued at $8,573,000 after purchasing an additional 525,000 shares in the last quarter. Institutional investors own 24.19% of the company's stock.
Analysts Set New Price Targets
LSAK has been the topic of a number of research reports. Weiss Ratings reissued a "sell (d-)" rating on shares of Lesaka Technologies in a report on Wednesday, October 8th. Zacks Research lowered Lesaka Technologies from a "hold" rating to a "strong sell" rating in a research note on Tuesday, October 28th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat.com, Lesaka Technologies currently has an average rating of "Sell".
Check Out Our Latest Research Report on LSAK
About Lesaka Technologies
(
Get Free Report)
Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa.
Further Reading
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