Billionaires Start 2026 With Huge Insider Buys
Under Armour, W.R. Berkley, and Gabelli Healthcare & WellnessRx Trust have seen some huge insider purchases, and there were some other notable insider purchases as well.
Headquartered in 7 Parks Boulevard, Johannesburg Fiscal year ends June NASDAQ: LSAK lesaka.tech
Lesaka Technologies operates a South African fintech business that provides financial services, software and other business services to underserved consumers and merchants in Southern Africa. Its integrated, multi-product platform covers transactional accounts, lending, insurance, merchant acquiring, cash management, software and Alternative Digital Products (ADP). ADP includes the distribution of prepaid airtime, prepaid electricity and gaming vouchers.
The company reports through three segments:
- **Merchant:** acquiring, cash management, prepaid product distribution and software for merchants.
- **Consumer:** transactional accounts, lending and insurance for consumers.
- **Enterprise:** payment and distribution services for enterprise clients.
Lesaka reports in USD but measures its performance and issues guidance in South African rand. It is pursuing the acquisition of Bank Zero, which is pending South African Reserve Bank approval, and is rolling out a unified 'One Lesaka' brand. Its primary listing is on Nasdaq (LSAK), with a secondary listing on the JSE (LSK). Updated
Under Armour, W.R. Berkley, and Gabelli Healthcare & WellnessRx Trust have seen some huge insider purchases, and there were some other notable insider purchases as well.
Lesaka Technologies operates a South African fintech business that provides financial services, software and other business services to underserved consumers and merchants in Southern Africa.
The Wall Street consensus 12-month price target for LSAK is $14.00.