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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Wednesday, October 21st. 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 is Friday, November 27th.

SATA Technology Trading Down 0.2%

Shares of SATA stock traded down $0.20 on Thursday, hitting $97.96. The company had a trading volume of 469,901 shares, compared to its average volume of 331,146. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35. The company’s 50-day moving average price is $99.58.

Insider Buying and Selling

In related news, Director Jonathan R. Macey sold 6,700 shares of the company’s 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 sale, the director directly owned 8,115 shares in the company, valued at $246,046.80. This represents a 45.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Pierre Rochard bought 15,900 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were purchased at an average cost of $12.54 per share, with a total value of $199,386.00. Following the transaction, the director directly owned 15,900 shares in the company, valued at approximately $199,386. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 42,620 shares of company stock valued at $1,325,038 over the last 90 days.

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.