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

by · The Cerbat Gem

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Monday, October 19th. Shareholders of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.

SATA Technology Stock Performance

SATA traded up $0.94 during trading on Tuesday, hitting $98.75. The company’s stock had a trading volume of 581,701 shares, compared to its average volume of 329,468. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35. The business’s fifty day simple moving average is $99.64.

Insider Buying and Selling

In related news, Director James Lavish sold 6,000 shares of the business’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 owned 8,815 shares in the company, valued at $271,061.25. The trade was a 40.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian Logan Beirne sold 20,077 shares of the 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 in the company, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 over the last ninety days.

SATA Technology Company Profile

(Get Free Report)

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.

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