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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Tuesday, October 20th. Stockholders of record on Friday, November 27th will be paid 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

NASDAQ:SATA traded down $0.59 during mid-day trading on Wednesday, reaching $98.16. The stock had a trading volume of 503,636 shares, compared to its average volume of 330,442. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35. The business has a 50 day simple moving average of $99.61.

Insider Activity at SATA Technology

In other news, Director Jonathan R. Macey sold 6,700 shares of SATA Technology 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 completion of the transaction, the director owned 8,115 shares in the company, valued at approximately $246,046.80. This trade represents a 45.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Pierre Rochard purchased 15,900 shares of the stock in a transaction dated Friday, August 14th. The stock was purchased at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the acquisition, the director directly owned 15,900 shares in the company, valued at approximately $199,386. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 over the last quarter.

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.