Key Points
- Chairman Ali Mazanderani purchased 1,800,000 shares at an average price of $5.00 (totaling $9,000,000), bringing his ownership to 2,325,115 shares — a 342.78% increase.
- Lesaka reported quarterly EPS of ($0.05) (missing estimates) while revenue beat at $171.45M; management set FY2026 guidance at 0.260 EPS and the stock trades in a one‑year range of $3.39–$5.45 with a market cap of about $386M.
- Analyst sentiment is negative — the stock carries an average rating of "Sell", with Zacks downgrading to "strong sell" and Weiss reaffirming a "sell (d-)" rating.
Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) Chairman Ali Mazanderani bought 1,800,000 shares of Lesaka Technologies stock in a transaction that occurred on Wednesday, December 31st. The stock was bought at an average cost of $5.00 per share, with a total value of $9,000,000.00. Following the completion of the purchase, the chairman owned 2,325,115 shares in the company, valued at approximately $11,625,575. This trade represents a 342.78% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
Lesaka Technologies Stock Performance
LSAK opened at $4.59 on Friday. The business's 50-day moving average price is $4.16 and its two-hundred day moving average price is $4.34. Lesaka Technologies, Inc. has a 1 year low of $3.39 and a 1 year high of $5.45. The company has a market capitalization of $385.97 million, a price-to-earnings ratio of -4.29 and a beta of 0.47. 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 quarterly earnings data on Wednesday, November 5th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.09). The firm had revenue of $171.45 million for the quarter, compared to analyst estimates of $158.00 million. Lesaka Technologies had a negative return on equity of 47.06% and a negative net margin of 14.02%.Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. Equities analysts expect that Lesaka Technologies, Inc. will post -0.16 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have recently commented on LSAK shares. Zacks Research downgraded shares of Lesaka Technologies from a "hold" rating to a "strong sell" rating in a research note on Tuesday, October 28th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Lesaka Technologies in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of "Sell".
View Our Latest Stock Analysis on Lesaka Technologies
Hedge Funds Weigh In On Lesaka Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of LSAK. Susquehanna International Group LLP acquired a new position in Lesaka Technologies during the third quarter worth approximately $74,000. Citadel Advisors LLC lifted its position in shares of Lesaka Technologies by 26.4% in the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company's stock valued at $79,000 after buying an additional 3,959 shares during the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC bought a new position in shares of Lesaka Technologies during the 2nd quarter worth approximately $595,000. Finally, Rathbones Group PLC increased its holdings in shares of 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 acquiring an additional 1,622,088 shares during the last quarter. Institutional investors 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. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.
Further Reading
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