Net 1 Ueps Technologies Inc (UEPS) Files Form 4 Insider Selling : Philip Marc Belamant Sells 1,119 Shares

Net 1 Ueps Technologies Inc (UEPS): Philip Marc Belamant , Managing Director: ZAZOO of Net 1 Ueps Technologies Inc sold 1,119 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $9.60 per share for a total value of $10,742.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2016, Paul Edwards (director) sold 4,284 shares at $9.71 per share price.On Sep 8, 2016, Christopher Stefan Seabrooke (director) sold 7,174 shares at $9.71 per share price.Also, On Sep 17, 2015, Phil-hyun Oh (President of KSNET) sold 1,604 shares at $17.66 per share price.On Sep 17, 2015, Alasdair Jonathan Kemsley Pein (director) sold 4,332 shares at $17.66 per share price.

Shares of Net 1 UEPS Technologies Inc (UEPS) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.11 points or -1.13% at $9.64 with 172,381 shares getting traded. Post opening the session at $9.68, the shares hit an intraday low of $9.2 and an intraday high of $9.72 and the price vacillated in this range throughout the day. The company has a market cap of $522 M and the number of outstanding shares has been calculated to be 54,135,778 shares. The 52-week high of Net 1 UEPS Technologies Inc is $18.51 and the 52-week low is $8.4415.

Net 1 UEPS Technologies Inc Money Flow Index Chart

Net 1 UEPS Technologies Inc. is South Africa-based a provider of payment solutions and transaction processing services across a range of industries and in various geographies. The Company operates in four segments: Smart card accounts International transaction-based activities financial services and Hardware software and related technology sales. The Company’s UEPS technology includes functionality that allows Transparent and automatic recovery of transactions Transaction cancellation; Refunds; Multiple audit trails; Offline loading and spending; Biometric identification; Continuous debit; Multiple wallets; Morphing of other common payment systems such as the EuroPay MasterCard and Visa global standard (EMV); Automatic credit; Automatic debit; Interest calculations; among others.

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