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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 16th. 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. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Performance

Shares of NASDAQ SATA traded down $0.96 during trading on Friday, hitting $96.89. The company had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35. The firm has a 50-day moving average of $99.71.

Insiders Place Their Bets

In other news, Director James Lavish sold 6,000 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the sale, the director directly owned 8,815 shares of the company’s stock, valued at $271,061.25. This represents a 40.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Pierre Rochard bought 15,900 shares of SATA Technology stock in a transaction dated Friday, August 14th. The shares were bought at an average cost of $12.54 per share, with a total value of $199,386.00. Following the completion of the acquisition, the director owned 15,900 shares of the company’s stock, valued at $199,386. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders 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.