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

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

SATA Technology Stock Performance

Shares of SATA stock traded up $0.06 during trading hours 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. The company’s 50 day moving average is $99.55. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.

Insider Activity at SATA Technology

In other SATA Technology news, Director Pierre Rochard acquired 15,900 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average cost of $12.54 per share, for a total transaction of $199,386.00. Following the transaction, the director directly owned 15,900 shares in the company, valued at $199,386. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $629,012.41. Following the sale, the insider owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 42,620 shares of company stock worth $1,325,038 in the last three months.

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.