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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 24th. 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 Stock Up 0.1%

NASDAQ:SATA opened at $98.02 on Friday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The stock has a fifty day simple moving average of $99.55.

Insiders Place Their Bets

In other SATA Technology news, Director James Lavish sold 6,000 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the transaction, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This trade represents a 40.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $176,513.22. Following the sale, 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. 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 ninety days, insiders have 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.