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. Investors of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th.

SATA Technology Trading Down 1.0%

SATA Technology stock traded down $0.96 during midday trading on Friday, reaching $96.89. 588,706 shares of the company were exchanged, compared to its average volume of 328,228. The company’s 50-day moving average is $99.71. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.

Insider Buying and Selling

In other news, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the sale, the director directly owned 8,815 shares in the company, valued at $271,061.25. The trade was a 40.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Pierre Rochard purchased 15,900 shares of the stock in a transaction dated Friday, August 14th. The shares were purchased at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the acquisition, the director owned 15,900 shares of the company’s stock, valued at approximately $199,386. This represents a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 42,620 shares of company stock worth $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.