SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Receive $0.05 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, September 15th. Stockholders of record on Monday, October 19th will be given a dividend of $0.0516 per share on Tuesday, October 20th. The ex-dividend date of this dividend is Monday, October 19th.

SATA Technology Stock Down 1.0%

Shares of NASDAQ:SATA traded down $0.96 during midday trading on Friday, reaching $96.89. The company’s stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The company’s 50 day moving average is $99.71.

Insider Activity

In other SATA Technology 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 owned 41,425 shares in the company, valued at $1,297,845.25. The trade was a 32.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the sale, the director owned 8,115 shares of the company’s stock, valued at $246,046.80. This trade represents a 45.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 42,620 shares of company stock valued at $1,325,038 in the last three months.

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.