First Trust Direct Indexing L.P. purchased a new position in Lesaka Technologies, Inc. (NASDAQ:LSAK – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 11,590 shares of the company’s stock, valued at approximately $44,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of Lesaka Technologies by 6.3% in the first quarter. State Street Corp now owns 92,218 shares of the company’s stock worth $443,000 after buying an additional 5,438 shares during the period. Potomac Capital Management Inc. boosted its stake in Lesaka Technologies by 0.3% in the 1st quarter. Potomac Capital Management Inc. now owns 1,770,348 shares of the company’s stock worth $8,498,000 after purchasing an additional 5,918 shares during the period. UBS Group AG grew its position in Lesaka Technologies by 5.7% during the 1st quarter. UBS Group AG now owns 359,962 shares of the company’s stock worth $1,728,000 after purchasing an additional 19,411 shares in the last quarter. Hosking Partners LLP grew its position in Lesaka Technologies by 19.2% during the 1st quarter. Hosking Partners LLP now owns 1,293,939 shares of the company’s stock worth $6,211,000 after purchasing an additional 208,436 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in Lesaka Technologies by 44.0% during the 1st quarter. Russell Investments Group Ltd. now owns 69,310 shares of the company’s stock valued at $333,000 after purchasing an additional 21,184 shares during the period. Institutional investors and hedge funds own 24.14% of the company’s stock.
Lesaka Technologies Price Performance
NASDAQ:LSAK opened at $3.90 on Thursday. The business’s fifty day moving average price is $3.79 and its 200 day moving average price is $3.87. The firm has a market capitalization of $239.93 million, a price-to-earnings ratio of -6.96 and a beta of 1.06. The company has a current ratio of 1.61, a quick ratio of 1.34 and a debt-to-equity ratio of 0.72. Lesaka Technologies, Inc. has a 1-year low of $3.02 and a 1-year high of $4.89.
Lesaka Technologies Company Profile
Lesaka Technologies, Inc, a financial technology company, engages in the provision of fintech products and services to unbanked and underbanked individuals and small businesses primarily in South Africa and internationally. The company operates through three segments: Consumer, Merchant, and Other. It provides financial services, such as bank accounts, loans, and insurance products.
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