SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Receive $0.06 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Saturday, October 17th. Stockholders of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.

SATA Technology Trading Down 1.0%

Shares of SATA traded down $0.96 during trading hours on Friday, hitting $96.89. The stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. The stock has a fifty day simple moving average of $99.71. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35.

Insider Activity

In other SATA Technology news, Director James Lavish sold 6,000 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the sale, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. The trade was a 40.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonathan R. Macey sold 6,700 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the sale, the director owned 8,115 shares of the company’s stock, valued at $246,046.80. This represents a 45.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 42,620 shares of company stock valued at $1,325,038 in the last 90 days.

About SATA Technology

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.