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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Monday, October 19th. 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 is Friday, November 27th.

SATA Technology Price Performance

NASDAQ:SATA traded up $0.94 during midday trading on Tuesday, hitting $98.75. 581,701 shares of the stock were exchanged, compared to its average volume of 329,468. 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 $99.64.

Insider Activity

In other news, Director Jonathan R. Macey sold 6,700 shares of SATA Technology 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 approximately $246,046.80. This trade represents a 45.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Pierre Rochard acquired 15,900 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was purchased at an average cost of $12.54 per share, for a total transaction of $199,386.00. Following the purchase, the director directly owned 15,900 shares in the company, valued at approximately $199,386. This represents a ∞ increase in their position. Additional details regarding this purchase 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.