SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Get $0.06 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 17th. 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.

SATA Technology Stock Performance

Shares of NASDAQ:SATA traded down $0.96 on Friday, hitting $96.89. The stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35. The company has a 50 day moving average of $99.71.

Insider Buying and Selling at SATA Technology

In other SATA Technology news, Director Jonathan R. Macey sold 6,700 shares of the business’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 transaction, the director directly owned 8,115 shares in the company, valued at $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the sale, the insider directly owned 41,425 shares in the company, valued at $1,297,845.25. This represents a 32.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 over 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.