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 ($487.8k this quarter). Holder counts are more reliable. Shares outstanding: 85.7m as of 2026-05-04, 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 ≈ $4.97. Options: 1 managers hold calls ($51.7k notional), 1 hold puts ($65.6k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 36 |
| Q4 2022 | 29 |
| Q1 2023 | 27 |
| Q2 2023 | 28 |
| Q3 2023 | 25 |
| Q4 2023 | 25 |
| Q1 2024 | 23 |
| Q2 2024 | 24 |
| Q3 2024 | 21 |
| Q4 2024 | 22 |
| Q1 2025 | 18 |
| Q2 2025 | 23 |
| Q3 2025 | 21 |
| Q4 2025 | 26 |
| Q1 2026 | 34 |
| Q2 2026 | 43 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 3 | 12 |
| Q4 2024 | 7 | 7 |
| Q1 2025 | 6 | 10 |
| Q2 2025 | 8 | 10 |
| Q3 2025 | 4 | 11 |
| Q4 2025 | 9 | 8 |
| Q1 2026 | 20 | 5 |
| Q2 2026 | 27 | 16 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $415 | $0 | 0.00 |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $53.4k | $509 | 0.01 |
| Q2 2026 | $51.7k | $65.6k | 1.27 |
Biggest buyers
| Potomac Capital Management, Inc. | Added | +402.8k |
| DEUTSCHE BANK AG\ | Added | +340.3k |
| CITADEL ADVISORS LLC | Added | +326.6k |
| MARSHALL WACE, LLP | New | +129.4k |
| Hillsdale Investment Management Inc. | New | +76.0k |
| JANE STREET GROUP, LLC | New | +42.5k |
| GSA CAPITAL PARTNERS LLP | New | +40.5k |
| Centiva Capital, LP | New | +30.6k |
| MILLENNIUM MANAGEMENT LLC | New | +29.6k |
| XTX Topco Ltd | Added | +24.5k |
Biggest sellers
| Rathbones Group PLC | Reduced | -3.6m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -65.1k |
| Hosking Partners LLP | Reduced | -48.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -23.8k |
| 9823 Capital, L.P. | Sold out | -19.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -17.8k |
| BARCLAYS PLC | Reduced | -17.6k |
| Quadrature Capital Ltd | Reduced | -8.2k |
| BlackRock, Inc. | Reduced | -7.6k |
| Parallel Advisors, LLC | Sold out | -3.2k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $51.7k10.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $65.6k13.2k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $742.4k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 2 | $9.1m | 0 | — | — |
| Q1 2026 | 1 | $548.7k | 1 | $8.4k | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 1 | $183.8k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-16 | Mazanderani Ali Executive Chairman, director | Bought | $65.0k14.8k shares |
| 2026-09-15 | Mazanderani Ali Executive Chairman, director | Bought | $118.8k28.2k shares |
| 2026-04-16 | International Finance Corp 10% owner · See footnote | Sold | $325.5k66.4k shares |
| 2026-04-15 | International Finance Corp 10% owner · See footnote | Sold | $95.5k19.5k shares |
| 2026-04-14 | International Finance Corp 10% owner · See footnote | Sold | $524.0k106.9k shares |
| 2026-04-13 | International Finance Corp 10% owner · See footnote | Sold | $257.0k52.2k shares |
| 2026-04-10 | International Finance Corp 10% owner · See footnote | Sold | $288.3k57.9k shares |
| 2026-04-09 | International Finance Corp 10% owner · See footnote | Sold | $48.9k9.9k shares |
| 2026-04-08 | International Finance Corp 10% owner · See footnote | Sold | $95.2k19.3k shares |
| 2026-04-07 | International Finance Corp 10% owner · See footnote | Sold | $235.5k48.0k shares |
| 2026-04-06 | International Finance Corp 10% owner · See footnote | Sold | $169.4k34.2k shares |
| 2026-04-02 | International Finance Corp 10% owner · See footnote | Sold | $49.5k9.9k shares |
| 2026-04-01 | International Finance Corp 10% owner · See footnote | Sold | $92.8k18.7k 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 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 5.1m $25.5m | Added +5.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 5.1m $25.1m | Reduced -23.8k |
| Rathbones Group PLC 0.07% of their portfolio | 3.7m $18.2m | Reduced -3.6m |
| Hosking Partners LLP 0.45% of their portfolio | 2.7m $13.5m | Reduced -48.5k |
| Potomac Capital Management, Inc. 5.51% of their portfolio | 1.5m $7.5m | Added +402.8k |
| Kingsway Capital Partners Ltd 0.62% of their portfolio | 919.9k $4.6m | First filing |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 439.3k $2.2m | Added +340.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 400.4k $2.0m | Added +326.6k |
| BARCLAYS PLC 0.00% of their portfolio | 250.3k $1.2m | Reduced -17.6k |
| INTREPID FAMILY OFFICE LLC 1.15% of their portfolio | 250.0k $1.2m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 235.6k $1.2m | Added +6.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 168.1k $835.5k | Reduced -17.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 129.4k $643.4k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 98.1k $487.8k | Reduced -628 |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 81.1k $402.9k | Added +5.2k |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 76.0k $377.7k | New |
| STATE STREET CORP 0.00% of their portfolio | 69.9k $347.3k | Added +5.2k |
| XTX Topco Ltd 0.00% of their portfolio | 59.3k $294.9k | Added +24.5k |
| SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.05% of their portfolio | 57.4k $285.4k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 49.6k $246.4k | Added +5.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 42.5k $211.1k | New |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 40.5k $201.0k | New |
| Centiva Capital, LP 0.01% of their portfolio | 30.6k $152.1k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 29.6k $147.3k | New |
| Quadrature Capital Ltd 0.00% of their portfolio | 21.7k $107.7k | Reduced -8.2k |
| BlackRock, Inc. 0.00% of their portfolio | 18.1k $89.8k | Reduced -7.6k |
| Virtu Financial LLC 0.00% of their portfolio | 17.9k $89.0k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 13.9k $69.3k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 13.7k $68.0k | Added +582 |
| HRT FINANCIAL LP 0.00% of their portfolio | 13.6k $67.0k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 12.7k $63.2k | New |
| AXQ CAPITAL, LP 0.01% of their portfolio | 12.2k $60.4k | New |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 11.1k $55.3k | New |
| Index Fund Advisors, Inc. 0.00% of their portfolio | 10.2k $50.8k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 10.1k $48.4k | Added +9.8k |
| IFP Advisors, Inc 0.00% of their portfolio | 6.4k $31.8k | Unchanged |
| Quarry LP 0.00% of their portfolio | 1.0k $5.2k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 602 $3.0k | Reduced -523 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 300 $1.5k | Added +200 |
| SIGNATUREFD, LLC 0.00% of their portfolio | 81 $403 | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 48 $238 | Reduced -60 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 41 $204 | Added +40 |
| Institute for Wealth Management, LLC. 0.00% of their portfolio | 4 $20 | New |