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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 23rd. Investors 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

Shares of NASDAQ:SATA traded up $0.06 during midday trading on Friday, reaching $98.02. The company’s stock had a trading volume of 365,292 shares, compared to its average volume of 331,332. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35. The stock’s fifty day simple moving average is $99.55.

Insider Activity

In related news, Director Pierre Rochard acquired 15,900 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average cost of $12.54 per share, with a total value of $199,386.00. Following the transaction, the director owned 15,900 shares of the company’s stock, valued at $199,386. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the sale, the director directly owned 8,115 shares in the company, valued at approximately $246,046.80. This represents a 45.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 42,620 shares of company stock valued at $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.