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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Sunday, October 18th. 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 is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Performance

Shares of NASDAQ SATA traded up $0.72 during trading on Monday, hitting $97.61. The company had a trading volume of 222,112 shares, compared to its average volume of 327,657. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35. The firm has a 50-day moving average of $99.71.

Insider Activity at SATA Technology

In related news, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.75, for a total value of $184,500.00. Following the transaction, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This trade represents a 40.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan R. Macey sold 6,700 shares of the firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the transaction, the director owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 42,620 shares of company stock valued at $1,325,038 over the last ninety 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.