SATA Technology Co., Ltd. (NASDAQ:SATA) Announces Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, October 29th. Investors of record on Tuesday, November 17th will be paid a dividend of $0.0571 per share on Wednesday, November 18th. The ex-dividend date of this dividend is Tuesday, November 17th.

SATA Technology Stock Performance

Shares of SATA Technology stock traded down $1.86 on Friday, reaching $96.12. 299,852 shares of the company’s stock were exchanged, compared to its average volume of 330,384. The business 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 Buying and Selling at SATA Technology

In other news, Director Pierre Rochard purchased 15,900 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were purchased at an average price of $12.54 per share, with a total value of $199,386.00. Following the transaction, the director directly owned 15,900 shares of the company’s stock, valued at approximately $199,386. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Arshia Sarkhani sold 5,634 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 value of $176,513.22. Following the sale, the chief marketing officer owned 11,795 shares in the company, valued at approximately $369,537.35. This represents a 32.33% decrease in their ownership of the stock. 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. In the last quarter, insiders sold 42,620 shares of company stock worth $1,325,038.

SATA Technology Company Profile

(Get Free Report)

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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Dividend History for SATA Technology (NASDAQ:SATA)

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