SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Friday, October 16th. 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 of this dividend is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.
SATA Technology Price Performance
SATA traded down $0.96 during trading on Friday, hitting $96.89. The company had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35. The stock has a 50-day moving average of $99.71.
Insider Buying and Selling
In other news, Director James Lavish sold 6,000 shares of the business’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the sale, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. The trade was a 40.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan R. Macey sold 6,700 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the sale, the director owned 8,115 shares in the company, valued at approximately $246,046.80. This trade represents a 45.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 42,620 shares of company stock worth $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.
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