SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, October 22nd. 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 is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.
SATA Technology Stock Up 0.1%
Shares of SATA opened at $98.02 on Friday. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35. The stock has a fifty day moving average of $99.55.
Insider Buying and Selling
In related news, insider Brian Logan Beirne sold 20,077 shares of SATA Technology 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 completion of the sale, the insider owned 41,425 shares in the company, valued at $1,297,845.25. This trade represents a 32.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the sale, the director owned 8,115 shares of the company’s stock, valued at $246,046.80. The trade was a 45.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 over 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.
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