Kaspi.kz Affiliate Files to Sell 1.2M ADSs Worth $118.9M
KSPI sits 43% above its 52-week low of $68.59.
Summary
Kaspi.kz affiliate FINTECH PARTNERS LTD plans to sell 1.2 million ADSs worth $118.9 million, adding to a pattern of insider distribution.
Key Events · Ownership and Investor Activity · KSPI
-
Affiliate Proposes 1.2M ADS Sale
FINTECH PARTNERS LTD filed a Form 144 to sell 1,200,000 ADSs with an approximate market value of $118,860,000.
-
Larger Than Prior Filings
The proposed sale is 20% larger than the 1,000,000 ADSs in prior Form 144 filings from the same affiliate and a director.
-
Insider Distribution Continues
This filing adds to a pattern of insider selling; over the past 90 days, insiders have sold $110.6 million in open-market transactions.
-
Stock Near 52-Week High
The stock is trading at $98.09, close to its 52-week high of $100.99, which may be encouraging insiders to monetize holdings.
Analysis · KSPI · Trade & Services
FINTECH PARTNERS LTD, an affiliate of Kaspi.kz, has filed a Form 144 to sell 1,200,000 ADSs valued at approximately $118.9 million. This is a larger proposed sale than the 1,000,000 ADSs in prior filings from the same affiliate and a director, indicating continued distribution by insiders. The stock is trading near its 52-week high, which may be motivating the sale. The proposed sale represents about 0.63% of outstanding ADSs and adds to the overhang from recent insider selling.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 29.5% of the 1672 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.22%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KSPI was trading at $98.09 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $18.9B. The 52-week trading range was $68.59 to $100.99. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.