SATA Technology Co., Ltd. (NASDAQ:SATA) Plans Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Wednesday, October 21st. Stockholders 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

Shares of SATA Technology stock traded down $0.20 on Thursday, hitting $97.96. The stock had a trading volume of 469,901 shares, compared to its average volume of 331,146. The company has a 50 day moving average of $99.58. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Buying and Selling at SATA Technology

In other SATA Technology news, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $629,012.41. Following the completion of the transaction, the insider directly owned 41,425 shares in the company, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 42,620 shares of company stock worth $1,325,038 over the last quarter.

About SATA Technology

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.