Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) Chairman Ali Mazanderani purchased 30,930 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The stock was acquired at an average price of $5.00 per share, for a total transaction of $154,650.00. Following the acquisition, the chairman now directly owns 469,826 shares of the company's stock, valued at $2,349,130. This trade represents a 7.05 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.
Ali Mazanderani also recently made the following trade(s):
- On Tuesday, March 25th, Ali Mazanderani acquired 8,316 shares of Lesaka Technologies stock. The stock was acquired at an average cost of $4.93 per share, with a total value of $40,997.88.
Lesaka Technologies Stock Performance
Shares of LSAK stock opened at $4.77 on Tuesday. The company's fifty day simple moving average is $4.87 and its 200-day simple moving average is $5.05. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. Lesaka Technologies, Inc. has a 52 week low of $3.67 and a 52 week high of $5.60. The company has a market cap of $377.43 million, a PE ratio of -7.82 and a beta of 0.82.
Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.41). Lesaka Technologies had a negative return on equity of 24.96% and a negative net margin of 7.94%. As a group, equities research analysts anticipate that Lesaka Technologies, Inc. will post -0.16 EPS for the current year.
Institutional Trading of Lesaka Technologies
Large investors have recently bought and sold shares of the company. Barclays PLC lifted its position in shares of Lesaka Technologies by 444.4% during the fourth quarter. Barclays PLC now owns 5,738 shares of the company's stock worth $32,000 after purchasing an additional 4,684 shares in the last quarter. Renaissance Technologies LLC increased its stake in Lesaka Technologies by 9.7% during the 4th quarter. Renaissance Technologies LLC now owns 197,700 shares of the company's stock worth $1,077,000 after buying an additional 17,481 shares during the period. Finally, Hosking Partners LLP lifted its holdings in Lesaka Technologies by 1.0% in the 4th quarter. Hosking Partners LLP now owns 2,807,998 shares of the company's stock worth $15,304,000 after buying an additional 28,644 shares in the last quarter. Institutional investors and hedge funds 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.
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