SATA Technology Co., Ltd. (SATA) To Go Ex-Dividend on November 27th

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Thursday, October 15th. 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. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Price Performance

Shares of SATA traded down $0.96 during midday trading on Friday, reaching $96.89. 588,706 shares of the stock were exchanged, compared to its average volume of 328,228. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The business has a 50 day simple moving average of $99.71.

Insider Transactions at SATA Technology

In other news, Director Jonathan R. Macey sold 6,700 shares of the stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the transaction, the director owned 8,115 shares in the company, valued at $246,046.80. This represents a 45.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $176,513.22. Following the transaction, the chief marketing officer owned 11,795 shares in the company, valued at $369,537.35. This represents a 32.33% 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 have sold a total of 42,620 shares of company stock valued at $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.