Key Points
- CFO Daniel Luke Smith bought 11,503 shares on December 10 at an average price of $4.40 (about $50,613), bringing his total reported holdings to 23,500 shares — a 95.88% increase — after several other purchases between December 5–9.
- Lesaka Technologies (LSAK) trades around $4.45 with a market cap of about $374M; the company reported a quarterly EPS miss (‑$0.05 vs. $0.04 consensus) despite revenue beating estimates, and the stock carries a consensus "Sell" rating from analysts.
Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) CFO Daniel Luke Smith purchased 5,761 shares of Lesaka Technologies stock in a transaction dated Tuesday, December 9th. The shares were bought at an average price of $4.21 per share, for a total transaction of $24,253.81. Following the acquisition, the chief financial officer owned 11,997 shares in the company, valued at approximately $50,507.37. This trade represents a 92.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Daniel Luke Smith also recently made the following trade(s):
- On Wednesday, December 10th, Daniel Luke Smith acquired 11,503 shares of Lesaka Technologies stock. The stock was purchased at an average cost of $4.40 per share, with a total value of $50,613.20.
- On Monday, December 8th, Daniel Luke Smith bought 2,500 shares of Lesaka Technologies stock. The shares were purchased at an average cost of $4.16 per share, for a total transaction of $10,400.00.
- On Friday, December 5th, Daniel Luke Smith bought 3,736 shares of Lesaka Technologies stock. The stock was purchased 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 purchased at an average cost of $4.21 per share, with a total value of $29,470.00.
Lesaka Technologies Trading Up 0.5%
Shares of LSAK stock traded up $0.02 during trading on Friday, hitting $4.41. 2,657 shares of the stock traded hands, compared to its average volume of 30,932. Lesaka Technologies, Inc. has a 52-week low of $3.39 and a 52-week high of $5.58. The firm has a market capitalization of $370.84 million, a P/E ratio of -4.12 and a beta of 0.59. The firm's fifty day moving average price is $4.08 and its 200-day moving average price is $4.31. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.61 and a quick ratio of 1.48.
Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported ($0.05) EPS 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 business 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, research analysts forecast that Lesaka Technologies, Inc. will post -0.16 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have commented on LSAK shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Lesaka Technologies in a research report on Wednesday, October 8th. Zacks Research downgraded shares of Lesaka Technologies from a "hold" rating to a "strong sell" rating in a research note on Tuesday, October 28th. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of "Sell".
Get Our Latest Stock Report on LSAK
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Rathbones Group PLC lifted its holdings in Lesaka Technologies by 90.2% during the 2nd quarter. Rathbones Group PLC now owns 3,419,420 shares of the company's stock worth $15,353,000 after buying an additional 1,622,088 shares in the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC acquired a new position in shares of Lesaka Technologies in the second quarter worth $595,000. Citadel Advisors LLC increased its position in shares of Lesaka Technologies by 26.4% during the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company's stock worth $79,000 after acquiring an additional 3,959 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in shares of Lesaka Technologies during the third quarter worth $74,000. Institutional investors and hedge funds own 24.19% of the company's stock.
Lesaka Technologies Company Profile
(
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.
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