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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 23rd. Stockholders of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.

SATA Technology Price Performance

Shares of SATA traded up $0.06 during mid-day trading on Friday, reaching $98.02. 365,292 shares of the stock traded hands, compared to its average volume of 331,332. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The business has a fifty day simple moving average of $99.55.

Insider Activity at SATA Technology

In other SATA Technology news, CMO Arshia Sarkhani sold 5,634 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 value of $176,513.22. Following the transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at $369,537.35. This represents a 32.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jonathan R. Macey sold 6,700 shares of the firm’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 completion of the sale, the director directly owned 8,115 shares in the company, valued at approximately $246,046.80. The trade was a 45.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 42,620 shares of company stock valued at $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.