SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Receive $0.06 Dividend

by · The Markets Daily

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Monday, October 19th. 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 is Friday, November 27th.

SATA Technology Stock Up 0.9%

NASDAQ SATA opened at $97.81 on Tuesday. The company’s 50-day simple moving average is $99.66. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35.

Insider Transactions at SATA Technology

In related news, Director Pierre Rochard bought 15,900 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average cost of $12.54 per share, for a total transaction of $199,386.00. Following the acquisition, the director directly owned 15,900 shares of the company’s stock, valued at $199,386. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan R. Macey sold 6,700 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the sale, the director owned 8,115 shares of the company’s stock, valued at $246,046.80. This represents a 45.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 42,620 shares of company stock valued at $1,325,038.

About SATA Technology

(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.

Further Reading