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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, October 20th. 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 Trading Down 0.6%

NASDAQ SATA traded down $0.59 during mid-day trading on Wednesday, hitting $98.16. The company’s stock had a trading volume of 503,636 shares, compared to its average volume of 330,442. The firm’s 50 day moving average price is $99.61. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Activity

In other news, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the transaction, the director directly owned 8,815 shares in the company, valued at $271,061.25. This trade represents a 40.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Pierre Rochard acquired 15,900 shares of SATA Technology stock in a transaction dated Friday, August 14th. The shares were acquired 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 of the company’s stock, valued at approximately $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. In the last 90 days, insiders have sold 42,620 shares of company stock valued at $1,325,038.

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.