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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Tuesday, October 20th. Stockholders 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 Trading Up 0.1%

Shares of NASDAQ SATA traded up $0.11 during mid-day trading on Wednesday, reaching $98.86. The company had a trading volume of 309,988 shares, compared to its average volume of 329,356. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35. The stock has a 50 day simple moving average of $99.64.

Insider Activity

In other SATA Technology news, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $629,012.41. Following the transaction, the insider directly owned 41,425 shares of the company’s stock, valued at $1,297,845.25. This represents a 32.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Arshia Sarkhani sold 5,634 shares of the firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at $369,537.35. This trade represents a 32.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, 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.