Net 1 UEPS Technologies Inc. (UEPS) CEO Serge Belamant sells 79,890 Shares

CEO of Net 1 UEPS Technologies Inc. (UEPS, Financial) Serge Belamant sells 79,890 shares of UEPS on 12/07/2009 at an average price of $18.34 a share.

Net 1 U.E.P.S. Technologies provides its universal electronic payment system as an alternative payment system for the unbanked and under-banked populations of developing economies. Net 1 believes that it is the first company worldwide to implement a system that can enable the estimated four billion people who generally have limited or no access to a bank account to enter affordably into electronic transactions with each other, government agencies, employers, merchants and other financial service providers. Net 1 Ueps Technologies Inc. has a market cap of $846.8 million; its shares were traded at around $18.66 with a P/E ratio of 13.6 and P/S ratio of 3.5.

UEPS is in the portfolios of David Dreman of Dreman Value Management, Paul Tudor Jones of The Tudor Group, Ron Baron of Baron Funds, Chuck Royce of ROYCE & ASSOCIATES.

Insiders' Positions with UEPS

  • Sell:: CEO Serge Belamant sold 69,800 shares of UEPS stock on 12/04/2009 at the average price of 18.84, the price of the stock has decreased by 0.96% since

  • Sell:: CEO Serge Belamant sold 97,955 shares of UEPS stock on 12/03/2009 at the average price of 18.74, the price of the stock has decreased by 0.43% since

  • Sell:: CEO Serge Belamant sold 148,900 shares of UEPS stock on 12/02/2009 at the average price of 18.91, the price of the stock has decreased by 1.32% since

  • Sell:: CEO Serge Belamant sold 72,817 shares of UEPS stock on 12/01/2009 at the average price of 18.81, the price of the stock has decreased by 0.8% since

  • Sell:: CEO Serge Belamant sold 196,669 shares of UEPS stock on 09/10/2009 at the average price of 20, the price of the stock has decreased by 6.7% since



Insiders' Positions with UEPS

  • Sell:: CFO Herman Kotze sold 196,669 shares of UEPS stock on 09/10/2009 at the average price of 20, the price of the stock has decreased by 6.7% since



Insiders' Positions with UEPS

  • Sell:: Director Antony C Ball sold 25,001 shares of UEPS stock on 09/10/2009 at the average price of 20, the price of the stock has decreased by 6.7% since

  • Sell:: Senior VP Sales & Marketing Brenda Stewart sold 111,669 shares of UEPS stock on 09/10/2009 at the average price of 20, the price of the stock has decreased by 6.7% since

  • Sell:: Senior VP Information Tech Nitin Soma sold 10,000 shares of UEPS stock on 09/10/2009 at the average price of 20, the price of the stock has decreased by 6.7% since

  • Sell:: Director Paul Edwards sold 450 shares of UEPS stock on 06/16/2009 at the average price of 13.33, the price of the stock has increased by 39.98% since