SATA Technology Co., Ltd. (NASDAQ:SATA) Announces Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Saturday, October 10th. Investors of record on Thursday, October 22nd will be given a dividend of $0.0516 per share on Friday, October 23rd. The ex-dividend date is Thursday, October 22nd.

SATA Technology Trading Up 0.1%

Shares of SATA Technology stock opened at $97.93 on Tuesday. The firm’s fifty day moving average is $99.66. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35.

Insider Activity

In other news, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the sale, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. The trade was a 40.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brian Logan Beirne sold 20,077 shares of the business’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $629,012.41. Following the transaction, the insider owned 41,425 shares in the company, valued at $1,297,845.25. This represents a 32.64% 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. In the last three months, insiders have sold 42,620 shares of company stock worth $1,325,038.

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.