SATA Technology Co., Ltd. (NASDAQ:SATA) Announces Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Monday, October 19th. 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 Stock Performance

SATA traded up $0.45 on Tuesday, hitting $98.25. 148,690 shares of the company were exchanged, compared to its average volume of 326,812. The company has a fifty day moving average price of $99.66. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35.

Insider Transactions at SATA Technology

In related news, Director Pierre Rochard purchased 15,900 shares of the stock in a transaction on 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 transaction, the director directly owned 15,900 shares of the company’s stock, valued at $199,386. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan R. Macey sold 6,700 shares of the business’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 in the company, valued at $246,046.80. This trade represents a 45.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 42,620 shares of company stock valued at $1,325,038.

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.