KSPI Insider Vyacheslav Kim Sells $2.1M of Stock

Vyacheslav Kim, a significant insider at Joint Stock Company Kaspi.kz, recently sold 24,769 shares in a planned transaction. The shares were sold on June 24, 2026, at an average price of $86.36 each, totaling approximately $2.14 million. This sale was part of a scheduled plan, known as a Rule 10b5-1 plan, which allows insiders to set up a predetermined schedule for selling stocks.

Insider Buying and Selling at Joint Stock Company Kaspi.kz

Kim's recent activities also included several other sales throughout June 2026. On June 23, he sold 14,799 shares at an average price of $83.46, and on June 22, he sold 22,403 shares at $84.81. Earlier, on June 18, he sold 18,237 shares for $81.94 each, and on June 17, another 15,733 shares at $84.67. Lastly, on June 16, Kim sold 15,243 shares at an average price of $84.14.

Other Institutional Activity in Joint Stock Company Kaspi.kz

Among institutional investors, Baillie Gifford & Co increased its stake by 450,124 shares, bringing its total to 5,123,207 shares, valued at about $379.48 million. FIL Ltd also added 299,250 shares, ending with 3,326,242 shares worth approximately $246.37 million. Meanwhile, Baring Fintech Fund III Managers Ltd reduced its holdings by 1,808,948 shares, leaving it with 12,061,997 shares valued at $893.43 million. Pzena Investment Management LLC trimmed its position by 33,347 shares, retaining 2,672,387 shares valued at $197.94 million.

Joint Stock Company Kaspi.kz Stock Down 12.0%

Shares of NasdaqGS:KSPI traded near $83.5 on Thursday. Joint Stock Company Kaspi.kz has a market cap of $16.12 billion and a P/E ratio of 7.64, indicating its current profitability. The stock's 52-week range is between $68.59 and $99.20, with a 50-day moving average of $85.63 and a 200-day moving average of $79.08. The company maintains a strong financial position with a current ratio of 7.06, a quick ratio of 6.71, and a debt-to-equity ratio of 11.86.

Recent Earnings

In its last earnings report, Joint Stock Company Kaspi.kz showed revenue growth of 31.3%. The company achieved a net margin of 24.91% and a return on equity of 46.75%. The next earnings release is expected on August 10, 2026.

Dividend

Joint Stock Company Kaspi.kz offers an annual dividend rate of $3.59, yielding 4.37%. The payout ratio is currently 0.0%, suggesting dividends are paid from earnings without exceeding profits.

Analysts Set New Price Targets

On August 20, 2025, JP Morgan downgraded its rating to hold with a price target of $96. The consensus among analysts remains a 'buy', with a mean target price of $95.99 based on seven opinions.

About Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz, headquartered in Almaty, Kazakhstan, operates in the technology sector, specifically within the software - infrastructure industry. The company, led by CEO Mikheil N. Lomtadze, employs over 14,000 people. It provides a variety of services, including payments, marketplace, and fintech solutions in Kazakhstan, Azerbaijan, and Ukraine. Kaspi.kz's platforms facilitate transactions for merchants and consumers, offer marketplace services, and provide fintech products like buy-now-pay-later options and savings solutions.

Bottom Line

Vyacheslav Kim's recent sales of Kaspi.kz shares were part of a planned schedule, reflecting a strategic move rather than an immediate market signal. Kaspi.kz continues to be a significant player in the fintech and marketplace sectors in Central Asia, with strong institutional interest and a robust financial standing. Investors often watch insider transactions like Kim's for broader market insight, though 13F filings and insider trades are backward-looking and may not reflect current positions.