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

by · The Markets Daily

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Monday, October 19th. 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 of this dividend is Friday, November 27th.

SATA Technology Stock Up 1.0%

Shares of SATA traded up $0.94 on Tuesday, hitting $98.75. 581,701 shares of the stock traded hands, compared to its average volume of 329,468. The firm has a 50 day simple moving average of $99.64. SATA Technology has a one year low of $79.01 and a one year high of $101.35.

Insiders Place Their Bets

In related news, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value 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. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard bought 15,900 shares of the business’s stock in a transaction on Friday, August 14th. The shares were acquired at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the completion of the purchase, the director owned 15,900 shares in the company, valued at approximately $199,386. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 42,620 shares of company stock worth $1,325,038 in the last three months.

About SATA Technology

(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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