SATA Technology Co., Ltd. (SATA) to Issue Dividend of $0.05 on October 21st

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, September 15th. Shareholders of record on Tuesday, October 20th will be paid a dividend of $0.0516 per share on Wednesday, October 21st. The ex-dividend date is Tuesday, October 20th.

SATA Technology Stock Performance

Shares of SATA opened at $96.89 on Friday. The business’s 50 day simple moving average is $99.71. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35.

Insider Activity

In other SATA Technology news, Director James Lavish sold 6,000 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the transaction, the director directly owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This trade represents a 40.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Benjamin Pham sold 4,209 shares of SATA Technology stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $131,867.97. Following the completion of the transaction, the chief financial officer owned 17,365 shares in the company, valued at approximately $544,045.45. This represents a 19.51% decrease in their ownership of the stock. 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 have sold 42,620 shares of company stock worth $1,325,038 over the last 90 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.