SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Sunday, October 18th. 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
Shares of SATA traded up $0.92 during mid-day trading on Monday, hitting $97.81. The stock had a trading volume of 321,514 shares, compared to its average volume of 328,207. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35. The stock’s fifty day moving average price is $99.66.
Insider Buying and Selling
In other SATA Technology news, CFO Benjamin Pham sold 4,209 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $131,867.97. Following the sale, the chief financial officer directly owned 17,365 shares of the company’s stock, valued at $544,045.45. This represents a 19.51% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.75, for a total transaction of $184,500.00. Following the transaction, the director owned 8,815 shares of the company’s stock, valued at $271,061.25. This represents a 40.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 in the last quarter.
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.
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