SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, October 29th. Shareholders of record on Monday, November 23rd will be paid a dividend of $0.0571 per share on Tuesday, November 24th. The ex-dividend date of this dividend is Monday, November 23rd.
SATA Technology Stock Performance
SATA stock traded down $1.86 during midday trading on Friday, hitting $96.12. The company had a trading volume of 299,852 shares, compared to its average volume of 330,384. The firm has a 50 day moving average price of $99.42. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.
Insider Activity at SATA Technology
In related news, Director James Lavish sold 6,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This represents a 40.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology stock in a transaction on 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 directly owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. The trade was 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 sold a total of 42,620 shares of company stock worth $1,325,038 in 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.
Featured Stories
- Five stocks we like better than SATA Technology
- Microsoft Earnings Expose a Growing Divide in the Magnificent 7 AI Trade
- Silicon Shock: Intel’s 25% Valuation Reset
- Advanced Micro Devices’ Meta Platforms Partnership Goes Beyond a $1 Billion Investment
- Chipotle’s $32 Floor: Is a Major Stock Rebound Coming?
Receive News & Ratings for SATA Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SATA Technology and related companies with MarketBeat.com's FREE daily email newsletter.
