SATA Technology Co., Ltd. (NASDAQ:SATA) Shares Will Pay Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 17th. Investors of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th.

SATA Technology Trading Down 1.0%

Shares of NASDAQ SATA traded down $0.96 during midday trading on Friday, hitting $96.89. 588,706 shares of the company’s stock were exchanged, compared to its average volume of 328,228. 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 price of $99.71.

Insider Buying and Selling

In related news, CMO Arshia Sarkhani sold 5,634 shares of the 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 transaction, the chief marketing officer owned 11,795 shares of the company’s stock, valued at $369,537.35. This represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the transaction, the director owned 8,815 shares in the company, valued at $271,061.25. This trade represents a 40.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 42,620 shares of company stock valued at $1,325,038 in the last three months.

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.