SATA Technology Co., Ltd. (NASDAQ:SATA) to Issue Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, September 15th. Stockholders of record on Monday, October 19th will be given a dividend of $0.0516 per share on Tuesday, October 20th. The ex-dividend date of this dividend is Monday, October 19th.

SATA Technology Price Performance

Shares of SATA traded down $0.96 on Friday, reaching $96.89. The company’s stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35. The company has a fifty day moving average of $99.71.

Insider Buying and Selling at SATA Technology

In related news, Director Pierre Rochard acquired 15,900 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of $12.54 per share, with a total value of $199,386.00. Following the acquisition, the director owned 15,900 shares of the company’s stock, valued at approximately $199,386. This trade represents a ? increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director James Lavish sold 6,000 shares of the stock in a transaction that occurred on 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 sale, the director directly owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This trade represents a 40.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In 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.