SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Sunday, October 18th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.0571 per share on Friday, November 27th. The ex-dividend date is Wednesday, November 25th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.
SATA Technology Trading Up 0.9%
Shares of SATA Technology stock opened at $97.81 on Tuesday. The stock has a 50-day moving average price of $99.66. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.
Insiders Place Their Bets
In other news, Director James Lavish sold 6,000 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the transaction, the director owned 8,815 shares in the company, valued at $271,061.25. The trade was a 40.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Benjamin Pham sold 4,209 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 $131,867.97. Following the transaction, the chief financial officer directly owned 17,365 shares in the company, valued at approximately $544,045.45. The trade was a 19.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 42,620 shares of company stock worth $1,325,038.
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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