SATA Technology Co., Ltd. (NASDAQ:SATA) Shares Will Pay Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) declared 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 of this dividend is Wednesday, October 21st.

SATA Technology Price Performance

Shares of NASDAQ SATA opened at $96.89 on Monday. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35. The firm’s 50 day moving average price is $99.71.

Insider Buying and Selling

In related news, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value 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 represents a 32.64% decrease in their position. The transaction was disclosed in a filing 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, CMO Arshia Sarkhani sold 5,634 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of 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. Insiders have sold 42,620 shares of company stock worth $1,325,038 over 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.