SATA Technology Co., Ltd. (NASDAQ:SATA) to Issue Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, September 15th. Investors of record on Wednesday, October 21st will be paid a dividend of $0.0516 per share on Thursday, October 22nd. The ex-dividend date is Wednesday, October 21st.

SATA Technology Price Performance

SATA Technology stock opened at $96.89 on Monday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The firm has a 50-day moving average of $99.71.

Insider Activity

In other SATA Technology news, Director Pierre Rochard acquired 15,900 shares of SATA Technology stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the purchase, the director directly owned 15,900 shares of the company’s stock, valued at approximately $199,386. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the sale, the chief marketing officer owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. This represents a 32.33% decrease in their position. 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. In the last 90 days, insiders have sold 42,620 shares of company stock valued at $1,325,038.

About SATA Technology

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.