SATA Technology Co., Ltd. (SATA) To Go Ex-Dividend on November 27th

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

SATA Technology Stock Performance

SATA stock opened at $97.81 on Tuesday. The business’s 50 day moving average price is $99.66. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.

Insider Activity

In related news, CFO Benjamin Pham sold 4,209 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 value of $131,867.97. Following the transaction, the chief financial officer directly owned 17,365 shares in the company, valued at $544,045.45. This trade represents a 19.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the transaction, the director owned 8,115 shares in the company, valued at approximately $246,046.80. This represents a 45.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 42,620 shares of company stock valued at $1,325,038.

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.