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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 17th. 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 of this dividend is Friday, November 27th.

SATA Technology Price Performance

NASDAQ:SATA traded down $0.96 during midday trading on Friday, hitting $96.89. 588,706 shares of the stock were exchanged, compared to its average volume of 328,228. SATA Technology has a one year low of $79.01 and a one year high of $101.35. The company’s 50-day moving average price is $99.71.

Insider Activity

In other news, Director Pierre Rochard acquired 15,900 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was acquired at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the completion of the acquisition, the director directly owned 15,900 shares in the company, valued at $199,386. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Jonathan R. Macey sold 6,700 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were 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 $246,046.80. This represents a 45.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,620 shares of company stock worth $1,325,038 in the last quarter.

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.