SATA Technology Co., Ltd. (NASDAQ:SATA) Declares Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Sunday, October 18th. 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. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Trading Up 0.2%

Shares of NASDAQ:SATA traded up $0.23 during trading on Monday, hitting $97.12. 49,807 shares of the company traded hands, compared to its average volume of 326,656. The stock has a fifty day simple moving average of $99.71. SATA Technology has a one year low of $79.01 and a one year high of $101.35.

Insider Activity at SATA Technology

In other SATA Technology news, insider Brian Logan Beirne sold 20,077 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $629,012.41. Following the transaction, the insider owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This trade represents a 32.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard purchased 15,900 shares of the company’s stock in a transaction on Friday, August 14th. The shares were bought at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the completion of the transaction, the director directly owned 15,900 shares in the company, valued at $199,386. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 in the last ninety 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.