SATA Technology Co., Ltd. (NASDAQ:SATA) Shares Set to Pay Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Tuesday, October 20th. Investors 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

NASDAQ SATA traded up $0.07 during mid-day trading on Wednesday, reaching $98.82. 249,905 shares of the stock were exchanged, compared to its average volume of 329,068. The business has a 50 day simple moving average of $99.64. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.

Insider Buying and Selling

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 transaction, the insider 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard purchased 15,900 shares of SATA Technology stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average cost of $12.54 per share, with a total value of $199,386.00. Following the acquisition, the director directly owned 15,900 shares in the company, valued at $199,386. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold 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.