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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 23rd. Shareholders 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 Stock Up 0.1%

Shares of SATA traded up $0.06 during midday trading on Friday, hitting $98.02. 365,292 shares of the company traded hands, compared to its average volume of 331,332. The stock’s 50-day moving average is $99.55. SATA Technology has a one year low of $79.01 and a one year high of $101.35.

Insider Buying and Selling

In other news, Director Pierre Rochard acquired 15,900 shares of SATA Technology stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the purchase, the director owned 15,900 shares in the company, valued at approximately $199,386. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 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 transaction of $203,144.00. Following the sale, 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. The disclosure for this sale is available in the SEC filing. Insiders sold 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.