Insider Selling: Lesaka Technologies (NASDAQ:LSAK) Major Shareholder Sells 19,488 Shares of Stock

Posted by James Quigley on Apr 16th, 2026

Lesaka Technologies, Inc. (NASDAQ:LSAK – Get Free Report) major shareholder Finance Corp International sold 19,488 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $4.90, for a total transaction of $95,491.20. Following the completion of the sale, the insider directly owned 5,311,296 shares of the company’s stock, valued at $26,025,350.40. The trade was a 0.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more 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 Thursday, April 16th, Finance Corp International sold 66,437 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.90, for a total transaction of $325,541.30.
On Tuesday, April 14th, Finance Corp International sold 106,948 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.90, for a total transaction of $524,045.20.
On Monday, April 13th, Finance Corp International sold 52,230 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.92, for a total value of $256,971.60.
On Friday, April 10th, Finance Corp International sold 57,894 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.98, for a total transaction of $288,312.12.
On Thursday, April 9th, Finance Corp International sold 9,878 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.95, for a total transaction of $48,896.10.
On Wednesday, April 8th, Finance Corp International sold 19,311 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.93, for a total transaction of $95,203.23.
On Tuesday, April 7th, Finance Corp International sold 47,954 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.91, for a total value of $235,454.14.
On Monday, April 6th, Finance Corp International sold 34,219 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.95, for a total value of $169,384.05.
On Thursday, April 2nd, Finance Corp International sold 9,928 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.99, for a total value of $49,540.72.
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.

Lesaka Technologies Stock Performance

Shares of LSAK stock traded down $0.02 during midday trading on Thursday, hitting $4.92. 354,768 shares of the company were exchanged, compared to its average volume of 92,502. Lesaka Technologies, Inc. has a 52 week low of $3.39 and a 52 week high of $5.54. The firm has a market capitalization of $412.89 million, a P/E ratio of -7.81 and a beta of 0.39. The firm’s 50 day moving average price is $4.77 and its two-hundred day moving average price is $4.46. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.43 and a current ratio of 1.57.

Lesaka Technologies (NASDAQ:LSAK – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.08 earnings per share (EPS) 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, equities research analysts anticipate that Lesaka Technologies, Inc. will post -0.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on LSAK

Institutional Investors Weigh In On Lesaka Technologies

Hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC increased its stake in 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 acquiring an additional 3,959 shares during the last quarter. Susquehanna International Group LLP bought a new stake in Lesaka Technologies during the third quarter worth about $74,000. Rathbones Group PLC boosted its holdings in shares of Lesaka Technologies by 6.6% in the 4th 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 in the last quarter. Potomac Capital Management Inc. purchased a new position in shares of Lesaka Technologies in the 4th quarter worth about $4,766,000. Finally, Barclays PLC increased its position in shares of Lesaka Technologies by 13,359.8% during the 4th 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 last quarter. 24.19% of the stock is currently owned by institutional investors.

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.