LESAKA TECHNOLOGIES INC LSAK
COM NEW · Common Stock · CUSIP 64107N206
South African corporation
- SectorFinancials
- IndustryFunctions Related To Depository Banking, NEC
- Websitelesakatech.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 61.6m as of 2023-05-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.81. Options: 3 managers hold calls ($1.8k notional), 1 hold puts ($0).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 36 |
| Q4 2022 | 29 |
| Q1 2023 | 27 |
| Q2 2023 | 28 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 9 | 18 |
| Q1 2023 | 8 | 13 |
| Q2 2023 | 10 | 8 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $194.0k | $226.0k | 1.16 |
| Q4 2022 | $64.2k | $150.1k | 2.34 |
| Q1 2023 | $96.2k | $43.7k | 0.45 |
| Q2 2023 | $1.8k | $0 | 0.00 |
Biggest buyers
| Hosking Partners LLP | Added | +119.6k |
| MILLENNIUM MANAGEMENT LLC | New | +78.6k |
| MORGAN STANLEY | Added | +50.0k |
| First Trust Direct Indexing L.P. | New | +11.6k |
| BARCLAYS PLC | Added | +11.6k |
| IFP Advisors, Inc | Added | +8.3k |
| STATE STREET CORP | Added | +6.4k |
| NORTHERN TRUST CORP | Added | +6.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +5.1k |
| Tower Research Capital LLC (TRC) | New | +389 |
Biggest sellers
| DEUTSCHE BANK AG\ | Reduced | -417.9k |
| Potomac Capital Management, Inc. | Reduced | -256.4k |
| D. E. Shaw & Co., Inc. | Reduced | -56.0k |
| UBS Group AG | Reduced | -35.2k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -7.1k |
| Cornerstone Management, Inc. | Sold out | -6.5k |
| Meixler Investment Management, Ltd. | Reduced | -1.6k |
| OSAIC HOLDINGS, INC. | Sold out | -300 |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $1.0k500 shares |
| GROUP ONE TRADING LLC | New | $762200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| MORGAN STANLEY 13G · institution filed 2025-02-04 | 6.6% |
| GOLDMAN SACHS GROUP INC 13G · institution filed 2025-02-06 | 6.3% |
Fell to 5% or below in the last year: International Finance Corp (3.9%, 2026-09-29), APIS GROWTH 13 Ltd (2.1%, 2026-07-31)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 5 | $3.5m | 0 | — | — |
| Q1 2022 | 3 | $402.5k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 1 | $2.4m | 0 | — | — |
| Q4 2022 | 1 | $6.8m | 1 | $326.4k | — |
| Q1 2023 | 1 | $568.9k | 1 | $71.8k | — |
| Q2 2023 | 2 | $607.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-29 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $26.1k7.3k shares |
| 2023-06-21 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $4.3k1.2k shares |
| 2023-05-25 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $1.4k400 shares |
| 2023-05-19 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $14.3k3.6k shares |
| 2023-05-18 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $26.9k7.0k shares |
| 2023-05-17 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $67.3k18.4k shares |
| 2023-05-16 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $196.9k52.8k shares |
| 2023-05-15 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $115.1k30.5k shares |
| 2023-05-15 | Meyer Christopher G.B. Group Chief Executive Officer, director | Bought | $3.7k1.0k shares |
| 2023-05-12 | Value Capital Partners (Pty) Ltd +2 Director · See Footnote | Bought | $149.4k41.5k shares |
| 2023-05-12 | Meyer Christopher G.B. Group Chief Executive Officer, director | Bought | $1.7k500 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 5.2m $19.9m | Added +50.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 5.0m $19.0m | Unchanged |
| Potomac Capital Management, Inc. 6.53% of their portfolio | 1.5m $5.8m | Reduced -256.4k |
| Hosking Partners LLP 0.23% of their portfolio | 1.4m $5.4m | Added +119.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 417.9k $1.6m | Reduced -417.9k |
| UBS Group AG 0.00% of their portfolio | 324.8k $1.2m | Reduced -35.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 243.9k $929.4k | Reduced -7.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 142.9k $544.0k | Added +5.1k |
| INTREPID FAMILY OFFICE LLC 0.78% of their portfolio | 108.0k $411.5k | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 98.6k $375.7k | Added +6.4k |
| Aristides Capital LLC 0.18% of their portfolio | 79.2k $301.9k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 78.6k $299.6k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 69.3k $264.1k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 31.8k $121.0k | Unchanged |
| Firsthand Capital Management, Inc. 0.14% of their portfolio | 30.0k $114.3k | Unchanged |
| Meixler Investment Management, Ltd. 0.09% of their portfolio | 25.8k $98.1k | Reduced -1.6k |
| BARCLAYS PLC 0.00% of their portfolio | 21.4k $81.5k | Added +11.6k |
| IFP Advisors, Inc 0.00% of their portfolio | 19.6k $133.0k | Added +8.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 17.6k $67.2k | Added +6.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 13.9k $53.1k | Unchanged |
| First Trust Direct Indexing L.P. 0.00% of their portfolio | 11.6k $44.2k | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 11.1k $42.4k | Reduced -56.0k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 1.3k $5.0k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 389 $1.5k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 147 $560 | Unchanged |
| WHITTIER TRUST CO 0.00% of their portfolio | 75 $285 | Unchanged |
| Ridgewood Investments LLC 0.00% of their portfolio | 14 $55 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |