Trade Summary
3 days ago, Mazanderani Ali, serving as Exec COB at Lesaka Technologies Inc (LSAK), purchased 1,800,000 shares at $5.00 per share, for a total transaction value of $9,000,000.00. Following this transaction, Mazanderani Ali now holds 2,325,115 shares of LSAK.
This purchase represents a 343.00% increase in Mazanderani Ali's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, December 31, 2025 and publicly disclosed via SEC Form 4 filing on Friday, January 2, 2026, 2 days after the trade was made.
Lesaka Technologies Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.