SATA Technology Co., Ltd. (NASDAQ:SATA) Stock to Pay Dividend of $0.05

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

SATA Technology Stock Performance

NASDAQ SATA opened at $96.89 on Monday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The firm has a fifty day moving average of $99.71.

Insider Buying and Selling at SATA Technology

In related news, insider Brian Logan Beirne sold 20,077 shares of SATA Technology stock in a transaction on 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 in the company, valued at $1,297,845.25. The trade was a 32.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the transaction, the director directly owned 8,815 shares of the company’s stock, valued at $271,061.25. This represents a 40.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 42,620 shares of company stock worth $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.