Finance Corp International Sells 20,220 Shares of Lesaka Technologies (NASDAQ:LSAK) Stock

Lesaka Technologies, Inc. (NASDAQ:LSAK) major shareholder Finance Corp International sold 20,220 shares of Lesaka Technologies stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $11.06, for a total transaction of $223,633.20. Following the transaction, the insider owned 2,267,239 shares of the company’s stock, valued at approximately $25,075,663.34. The trade was a 0.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, March 5th, Finance Corp International sold 4,290 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.59, for a total transaction of $19,691.10.
• 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 Lesaka Technologies stock opened at $4.66 on Friday. Lesaka Technologies, Inc. has a 1 year low of $3.39 and a 1 year high of $5.10. 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 business has a 50 day moving average price of $4.61 and a 200 day moving average price of $4.37. The company has a market capitalization of $391.07 million, a P/E ratio of -7.40 and a beta of 0.46.

Lesaka Technologies (NASDAQ:LSAK) last announced its earnings results on Wednesday, February 4th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. The firm had revenue of $93.40 million for the quarter, compared to analysts’ expectations of $166.00 million. Lesaka Technologies had a negative return on equity of 28.23% and a negative net margin of 7.87%.Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. Sell-side analysts anticipate that Lesaka Technologies, Inc. will post -0.16 EPS for the current fiscal year.

Institutional Investors Weigh In On Lesaka Technologies

Hedge funds have recently made changes to their positions in the business. Susquehanna International Group LLP purchased a new stake in shares of Lesaka Technologies in the third quarter valued at $74,000. Citadel Advisors LLC boosted its stake in Lesaka Technologies by 26.4% in the 3rd 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. purchased a new stake in Lesaka Technologies in the 4th quarter valued at about $94,000. Schwarz Dygos Wheeler Investment Advisors LLC purchased a new stake in Lesaka Technologies in the 2nd quarter valued at about $595,000. Finally, Barclays PLC increased its stake 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 acquiring an additional 140,812 shares during the last quarter. Institutional investors and hedge funds own 24.19% of the company’s stock.

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

Analyst Ratings Changes

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

Lesaka Technologies Company Profile

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.