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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Wednesday, October 21st. 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 Stock Performance

Shares of NASDAQ SATA traded down $0.20 during trading hours on Thursday, hitting $97.96. 469,901 shares of the company’s stock were exchanged, compared to its average volume of 331,146. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35. The firm has a 50-day moving average of $99.58.

Insider Transactions at SATA Technology

In other news, Director James Lavish sold 6,000 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the sale, the director owned 8,815 shares in the company, valued at approximately $271,061.25. This trade represents a 40.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jonathan R. Macey sold 6,700 shares of the business’s stock in a transaction 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 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. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 42,620 shares of company stock worth $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.