Monitor for further ALAC sales or a potential full exit, as the fund has been steadily reducing its position over three months. The selling pressure from a 1.0%+ holder could weigh on the stock near term.
Price Chart
Executive Summary
International Finance Corp (IFC) filed Amendment No. 6 to its Schedule 13D for Lesaka Technologies, reporting that its ALAC fund disposed of 860,649 shares between June 22 and September 28, 2026, for aggregate proceeds of approximately $4.09 million. IFC's direct stake remains unchanged at 3,271,862 shares (3.81%), while ALAC's stake dropped to 995,614 shares (1.16%) and FIG's stake is 3,302,551 shares (3.85%). This is a partial de-escalation by one fund, not a full exit.
Key Financial Metrics
Key Facts
- ALAC fund sold 860,649 shares of Lesaka common stock in 33 market transactions from June 22 to September 28, 2026, for aggregate gross proceeds of $4,086,940.
- IFC directly holds 3,271,862 shares (3.81% of 85,824,094 shares outstanding as of September 9, 2026).
- ALAC now holds 995,614 shares (1.16%), down from an undisclosed prior level.
- FIG holds 3,302,551 shares (3.85%), unchanged.
- Total reported beneficial ownership across all IFC entities is approximately 8.82% (7,570,027 shares).
Financial Impact
ALAC sold 860,649 shares for $4.09 million, reducing its stake by an undisclosed percentage. The sales occurred at prices ranging from $4.20 to $5.025 per share.
Risk Factors
- Continued selling by ALAC or other IFC funds could pressure the stock price.
- No stated change in purpose or demands — the filing is purely a disclosure of sales, not a strategic escalation.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (Primary) | 0001193125-26-407970 |
| Document: 0001193125-26-407970-index.html | 0001193125-26-407970 |
| Document: 0001193125-26-407970.txt | 0001193125-26-407970 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Press Release | $4.30 | awaiting T+5 | — | $4.12 (−4.19%) |
Oct 7, 2026 19d ago | 3 | $4.72 $4.45 | ▼ −5.72% | ▼ −5.44% | $4.12 (−12.71%) |
Oct 7, 2026 19d ago | 3 | $4.69 $4.47 | ▼ −4.69% | ▼ −3.71% | $4.12 (−12.15%) |
Sep 29, 2026 27d ago | SC 13D/A | $4.33 $4.69 | ▼ −8.31% | ▼ −6.40% | $4.12 (+4.85%) |
Sep 9, 2026 6w ago | Press Release | $4.49 $4.24 | ▼ −5.57% | ▼ −5.07% | $4.12 (−8.24%) |
Aug 3, 2026 12w ago | 8-K | $4.67 $4.69 | ▲ +0.43% | ▼ −1.60% | $4.12 (−11.78%) |
May 18, 2026 23w ago | 8-K | $4.99 $4.99 | ▼ −0.10% | ▼ −2.35% | $4.12 (−17.43%) |
May 18, 2026 23w ago | 8-K | $5.11 $5.05 | ▼ −1.17% | ▼ −2.79% | $4.12 (−19.37%) |
May 6, 2026 24w ago | 8-K | $4.97 $4.81 | ▼ −3.22% | ▼ −4.72% | $4.12 (−17.10%) |
Mar 4, 2026 33w ago | Insider Cluster | $4.62 $4.64 | ▲ +0.43% | ▲ +1.77% | $4.12 (−10.82%) |
US Market Status
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