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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Monday, October 19th. Shareholders of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.

SATA Technology Price Performance

SATA traded up $0.94 during trading on Tuesday, hitting $98.75. The stock had a trading volume of 581,701 shares, compared to its average volume of 329,468. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35. The company has a 50 day simple moving average of $99.64.

Insider Activity at SATA Technology

In other news, Director James Lavish sold 6,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the sale, the director directly owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This represents a 40.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian Logan Beirne sold 20,077 shares of the stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $629,012.41. Following the completion of the sale, the insider directly owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This trade represents a 32.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 42,620 shares of company stock valued at $1,325,038.

SATA Technology Company Profile

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.