S.a. Brait, 10% Owner at NET 1 UEPS TECHNOLOGIES INC (UEPS), sold 9,221,526 shares at $13.50 ($124.5M) on 2009-08-05, disclosed to the SEC on 2009-08-07.
Open-market sale of $124.5M UEPS by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.50 | 503,022 | $6.8M | 5.5% |
| 2 | $13.50 | 8,718,504 | $117.7M | 94.5% |
| Total | $13.50 avg | 9,221,526 | $124.5M | 100% |