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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 17th. 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 Trading Down 1.0%

Shares of SATA Technology stock traded down $0.96 on Friday, reaching $96.89. The stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. The business has a 50-day moving average price of $99.71. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.

Insiders Place Their Bets

In related news, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the transaction, the director owned 8,815 shares in the company, valued at $271,061.25. This trade represents a 40.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brian Logan Beirne sold 20,077 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the transaction, the insider directly owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 42,620 shares of company stock worth $1,325,038 in 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.