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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Thursday, October 15th. 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 is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Price Performance

SATA stock traded down $0.96 during trading hours on Friday, hitting $96.89. 588,706 shares of the stock were exchanged, compared to its average volume of 328,228. The firm has a 50-day moving average price of $99.71. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35.

Insider Buying and Selling

In related news, Director James Lavish sold 6,000 shares of the company’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 in the company, valued at approximately $271,061.25. This represents a 40.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CMO Arshia Sarkhani sold 5,634 shares of the firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $176,513.22. Following the transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at approximately $369,537.35. This represents a 32.33% decrease in their ownership of the stock. 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. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 in the last 90 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.