Insider Selling: Lesaka Technologies (NASDAQ:LSAK) Major Shareholder Sells 19,311 Shares of Stock

Posted by Don Miller on Apr 8th, 2026

Lesaka Technologies, Inc. (NASDAQ:LSAK – Get Free Report) major shareholder Finance Corp International sold 19,311 shares of Lesaka Technologies stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $4.93, for a total transaction of $95,203.23. Following the completion of the transaction, the insider owned 5,557,734 shares in the company, valued at approximately $27,399,628.62. This trade represents a 0.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 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 Tuesday, April 7th, Finance Corp International sold 47,954 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.91, for a total transaction of $235,454.14.
On Monday, April 6th, Finance Corp International sold 34,219 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.95, for a total transaction 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 transaction of $49,540.72.
On Wednesday, April 1st, Finance Corp International sold 18,663 shares of Lesaka Technologies stock. The shares were 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 shares were 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 shares were sold at an average price of $5.06, for a total transaction of $175,111.42.
On Wednesday, March 18th, Finance Corp International sold 4,819 shares of Lesaka Technologies stock. The shares were sold at an average price of $5.38, for a total transaction of $25,926.22.

Lesaka Technologies Trading Up 0.4%

Shares of LSAK stock traded up $0.02 during mid-day trading on Wednesday, reaching $4.90. The company’s stock had a trading volume of 108,644 shares, compared to its average volume of 88,610. The company’s 50 day simple moving average is $4.73 and its 200-day simple moving average is $4.43. Lesaka Technologies, Inc. has a 12-month low of $3.39 and a 12-month high of $5.54. 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 $411.21 million, a PE ratio of -7.78 and a beta of 0.39.

Lesaka Technologies (NASDAQ:LSAK – Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $166.00 million. On average, research analysts predict that Lesaka Technologies, Inc. will post -0.16 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Lesaka Technologies to a “hold” rating in a research note on Saturday, February 14th. 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, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lesaka Technologies in a research note on Thursday, January 22nd. 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 company currently has an average rating of “Reduce”.

Check Out Our Latest Stock Analysis on Lesaka Technologies

Institutional Trading of Lesaka Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new stake in shares of Lesaka Technologies during the 3rd quarter valued at approximately $74,000. Citadel Advisors LLC lifted its position in shares of 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. acquired a new position in shares of Lesaka Technologies in the 4th quarter valued at about $94,000. Barclays PLC grew 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 buying an additional 140,812 shares during the last quarter. Finally, Potomac Capital Management Inc. bought a new stake in shares of Lesaka Technologies during the 4th quarter valued at about $4,766,000. 24.19% of the stock is owned by institutional investors.

About Lesaka Technologies

(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.