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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Monday, October 19th. Shareholders 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.

SATA Technology Stock Performance

Shares of SATA stock traded up $0.59 during mid-day trading on Tuesday, reaching $98.40. The stock had a trading volume of 253,061 shares, compared to its average volume of 327,609. The business has a fifty day moving average of $99.66. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35.

Insider Activity

In related news, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the transaction, the director owned 8,815 shares in the company, valued at $271,061.25. The trade was a 40.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan R. Macey sold 6,700 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the transaction, the director directly owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,620 shares of company stock valued at $1,325,038 in the last three months.

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.