SATA Technology Co., Ltd. (SATA) to Distribute Dividend of $0.05 on October 22nd

SATA Technology Co., Ltd. (NASDAQ:SATA) announced 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 $97.25 on Monday. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The firm has a fifty day moving average of $99.71.

Insider Activity at SATA Technology

In other news, CMO Arshia Sarkhani sold 5,634 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the completion of the sale, the chief marketing officer owned 11,795 shares in the company, valued at approximately $369,537.35. This trade represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the sale, the director owned 8,115 shares in the company, valued at approximately $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 over 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.