SATA Technology Co., Ltd. (NASDAQ:SATA) Raises Dividend to $0.06 Per Share

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 16th. Investors of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Down 1.0%

Shares of SATA Technology stock traded down $0.96 on Friday, reaching $96.89. 588,706 shares of the company traded hands, compared to its average volume of 328,228. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35. The business has a 50 day moving average of $99.71.

Insider Buying and Selling

In related news, insider Brian Logan Beirne sold 20,077 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the sale, the insider owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard acquired 15,900 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average cost of $12.54 per share, for a total transaction of $199,386.00. Following the acquisition, the director directly owned 15,900 shares in the company, valued at $199,386. This represents a ? increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 42,620 shares of company stock valued at $1,325,038 in the last 90 days.

SATA Technology Company Profile

Strive Asset Management, LLC is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm invests in exchange traded funds. The firm conducts in-house research to make its investments. Strive Asset Management, LLC was founded in 2022 and is based in Dallas, Texas.