Key Points
- Finance Corp International sold 2,103,069 shares of Lesaka (NASDAQ:LSAK) on May 19 at an average of $4.00, raising about $8.41M and trimming its holding by 29.2% to roughly 5.10M shares (≈$20.4M).
- The sale is part of ongoing insider monetization — earlier large dispositions at much higher prices plus small March trims — indicating profit‑taking that has materially reduced long‑term insider exposure.
- Market context is mixed to negative: reported short interest rose about 24.7%, analysts’ consensus rating is “Reduce,” and Lesaka (market cap ≈$391M) has a negative PE with a recent quarter that beat EPS estimates but missed on revenue.
Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) major shareholder Finance Corp International sold 4,290 shares of the business's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $4.59, for a total transaction of $19,691.10. Following the completion of the transaction, the insider owned 6,034,293 shares in the company, valued at $27,697,404.87. The trade was a 0.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Finance Corp International also recently made the following trade(s):
- On Wednesday, March 4th, Finance Corp International sold 6,823 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.65, for a total transaction of $31,726.95.
- On Wednesday, December 17th, Finance Corp International sold 100 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.33, for a total value of $433.00.
Lesaka Technologies Trading Up 2.2%
Shares of LSAK traded up $0.10 during mid-day trading on Friday, hitting $4.66. 47,388 shares of the company's stock traded hands, compared to its average volume of 70,520. The company has a quick ratio of 1.43, a current ratio of 1.57 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $391.07 million, a P/E ratio of -7.40 and a beta of 0.46. The business's 50-day moving average price is $4.61 and its 200-day moving average price is $4.37. Lesaka Technologies, Inc. has a 1 year low of $3.39 and a 1 year high of $5.10.
Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.04 by $0.04. Lesaka Technologies had a negative net margin of 7.87% and a negative return on equity of 28.23%. The business had revenue of $93.40 million during the quarter, compared to analyst estimates of $166.00 million. Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. As a group, sell-side analysts forecast that Lesaka Technologies, Inc. will post -0.16 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Lesaka Technologies in a research note on Thursday, January 22nd. Zacks Research raised shares of Lesaka Technologies from a "strong sell" rating to a "hold" rating in a research note on Friday, January 23rd. Finally, Wall Street Zen raised Lesaka Technologies to a "hold" rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce".
Check Out Our Latest Analysis on LSAK
Lesaka Technologies News Summary
Here are the key news stories impacting Lesaka Technologies this week:
- Neutral Sentiment: Major shareholder Finance Corp International still holds a material stake — roughly 6.03 million shares (valued at about $27.7M) after recent small disposals, which means the selling appears to be trimming rather than a full exit. SEC Ownership Filing
- Negative Sentiment: Large, previously disclosed block sale: Finance Corp sold 2,103,069 shares on May 19 (avg. $4.00) for ~$8.41M, a 29.2% reduction in that holding — a meaningful past reduction that reduced a major shareholder’s stake and can weigh on sentiment. SEC Ownership Filing
- Negative Sentiment: Recent uptick in bearish positioning: reported short interest in LSAK expanded by 24.7%, which raises the risk of continued downward pressure or increased volatility if shorts remain active. Short Interest in Lesaka Technologies, Inc. (NASDAQ:LSAK) Expands By 24.7%
- Negative Sentiment: High-price monetization earlier this year: Finance Corp sold large tranches in February (e.g., 42,100 shares at $10.83 and 20,220 at $11.06), indicating substantial profit-taking when the stock traded much higher — a historic supply event that reduced long-term insider exposure. SEC Ownership Filing
- Negative Sentiment: Ongoing small trims: More recent small-scale sales (March 4 — 6,823 shares at $4.65; March 5 — 4,290 shares at $4.59) show the major shareholder continues to trim, which can sap momentum even if dollar amounts are modest. SEC Ownership Filing
Hedge Funds Weigh In On Lesaka Technologies
A number of hedge funds have recently bought and sold shares of LSAK. Susquehanna International Group LLP purchased a new stake in Lesaka Technologies during the 3rd quarter valued at about $74,000. Citadel Advisors LLC raised its holdings in Lesaka Technologies by 26.4% in the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company's stock worth $79,000 after buying an additional 3,959 shares during the last quarter. 9823 Capital L.P. bought a new position in shares of Lesaka Technologies in the fourth quarter worth approximately $94,000. Schwarz Dygos Wheeler Investment Advisors LLC purchased a new stake in shares of Lesaka Technologies during the second quarter valued at approximately $595,000. Finally, Barclays PLC increased its position in shares of Lesaka Technologies by 13,359.8% during the fourth quarter. Barclays PLC now owns 141,866 shares of the company's stock valued at $677,000 after acquiring an additional 140,812 shares in 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.
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