SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared 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 Stock Up 0.9%
Shares of SATA Technology stock opened at $97.81 on Tuesday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The company’s fifty day simple moving average is $99.66.
Insider Buying and Selling
In related news, Director James Lavish sold 6,000 shares of the business’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the transaction, the director directly owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. The trade was a 40.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan R. Macey sold 6,700 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the transaction, the director owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. The trade was a 45.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 42,620 shares of company stock worth $1,325,038 in the last ninety days.
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.
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