SATA Technology Co., Ltd. (NASDAQ:SATA) Raises Dividend to $0.06 Per Share

by · The Cerbat Gem

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 Stock Down 1.0%

SATA stock traded down $0.96 during trading on Friday, reaching $96.89. 588,706 shares of the stock were exchanged, compared to its average volume of 328,228. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35. The business’s 50 day simple moving average is $99.71.

Insider Transactions at SATA Technology

In other news, Director Pierre Rochard acquired 15,900 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were bought at an average price of $12.54 per share, with a total value of $199,386.00. Following the acquisition, the director owned 15,900 shares of the company’s stock, valued at $199,386. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jonathan R. Macey sold 6,700 shares of SATA Technology 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. The trade was a 45.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 42,620 shares of company stock worth $1,325,038.

SATA Technology Company Profile

(Get Free Report)

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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