Lesaka Technologies (NASDAQ:LSAK) Major Shareholder Sells 9,928 Shares

Posted by Linda Flegge on Apr 3rd, 2026

Lesaka Technologies, Inc. (NASDAQ:LSAK – Get Free Report) major shareholder Finance Corp International sold 9,928 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $4.99, for a total transaction of $49,540.72. Following the sale, the insider directly owned 5,659,218 shares in the company, valued at approximately $28,239,497.82. The trade was a 0.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Finance Corp International also recently made the following trade(s):

On Wednesday, April 1st, Finance Corp International sold 18,663 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.97, for a total transaction of $92,755.11.
On Tuesday, March 31st, Finance Corp International sold 32,807 shares of Lesaka Technologies stock. The stock was sold at an average price of $5.02, for a total transaction of $164,691.14.
On Wednesday, March 25th, Finance Corp International sold 11,104 shares of Lesaka Technologies stock. The shares were sold at an average price of $5.04, for a total transaction of $55,964.16.
On Tuesday, March 24th, Finance Corp International sold 16,179 shares of Lesaka Technologies stock. The shares were sold at an average price of $5.02, for a total transaction of $81,218.58.
On Monday, March 23rd, Finance Corp International sold 2,162 shares of Lesaka Technologies stock. The shares were sold at an average price of $5.03, for a total transaction of $10,874.86.
On Thursday, March 19th, Finance Corp International sold 34,607 shares of Lesaka Technologies stock. The stock was sold at an average price of $5.06, for a total value of $175,111.42.
On Wednesday, March 18th, Finance Corp International sold 4,819 shares of Lesaka Technologies stock. The stock was sold at an average price of $5.38, for a total value of $25,926.22.
On Tuesday, March 17th, Finance Corp International sold 87,041 shares of Lesaka Technologies stock. The shares were sold at an average price of $5.31, for a total value of $462,187.71.
On Monday, March 16th, Finance Corp International sold 27,389 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.94, for a total value of $135,301.66.
On Friday, March 13th, Finance Corp International sold 60,000 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.85, for a total value of $291,000.00.

Lesaka Technologies Trading Up 2.0%

Shares of Lesaka Technologies stock traded up $0.10 on Thursday, reaching $5.02. The company had a trading volume of 53,877 shares, compared to its average volume of 88,246. The firm has a market cap of $421.28 million, a price-to-earnings ratio of -7.97 and a beta of 0.39. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.57 and a quick ratio of 1.43. The firm’s 50-day moving average price is $4.71 and its two-hundred day moving average price is $4.41. Lesaka Technologies, Inc. has a 1 year low of $3.39 and a 1 year high of $5.54.

Lesaka Technologies (NASDAQ:LSAK – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.04. The company had revenue of $93.40 million for the quarter, compared to analyst estimates of $166.00 million. Lesaka Technologies had a negative return on equity of 28.23% and a negative net margin of 7.87%. As a group, research analysts predict that Lesaka Technologies, Inc. will post -0.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LSAK. Weiss Ratings reissued a “sell (d-)” rating on shares of Lesaka Technologies in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Lesaka Technologies to a “hold” rating in a report on Saturday, February 14th. Finally, Zacks Research raised shares of Lesaka Technologies from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Check Out Our Latest Analysis on Lesaka Technologies

Hedge Funds Weigh In On Lesaka Technologies

Large investors have recently bought and sold shares of the business. Potomac Capital Management Inc. purchased a new stake in Lesaka Technologies in the fourth quarter worth $4,766,000. Rathbones Group PLC lifted its position in shares of Lesaka Technologies by 6.6% during the fourth quarter. Rathbones Group PLC now owns 3,644,420 shares of the company’s stock worth $17,384,000 after purchasing an additional 225,000 shares during the last quarter. Barclays PLC boosted its stake 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 purchasing an additional 140,812 shares during the period. 9823 Capital L.P. purchased a new stake in shares of Lesaka Technologies during the fourth quarter valued at $94,000. Finally, Susquehanna International Group LLP bought a new position in shares of Lesaka Technologies in the third quarter worth about $74,000. Hedge funds and other 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.