SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Receive $0.05 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Tuesday, September 15th. Stockholders of record on Wednesday, October 21st will be paid a dividend of $0.0516 per share on Thursday, October 22nd. The ex-dividend date is Wednesday, October 21st.

SATA Technology Stock Performance

Shares of NASDAQ SATA opened at $96.89 on Monday. SATA Technology has a one year low of $79.01 and a one year high of $101.35. The company’s fifty day moving average price is $99.71.

Insiders Place Their Bets

In other SATA Technology news, CMO Arshia Sarkhani sold 5,634 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of the transaction, the chief marketing officer owned 11,795 shares in the company, valued at $369,537.35. This trade represents a 32.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Benjamin Pham sold 4,209 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $131,867.97. Following the transaction, the chief financial officer owned 17,365 shares of the company’s stock, valued at $544,045.45. This represents a 19.51% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 42,620 shares of company stock worth $1,325,038 in the last ninety days.

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.