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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced 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 Stock Performance

Shares of NASDAQ SATA traded down $0.59 during midday trading on Wednesday, hitting $98.16. The stock had a trading volume of 503,636 shares, compared to its average volume of 330,442. The stock has a 50-day simple moving average of $99.61. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.

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 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 completion of the sale, the insider directly owned 41,425 shares in the company, valued at $1,297,845.25. This trade represents a 32.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard acquired 15,900 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the transaction, the director owned 15,900 shares of the company’s stock, valued at approximately $199,386. This trade represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 over the last ninety days.

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.