SATA Technology Co., Ltd. (NASDAQ:SATA) Stock to Pay Dividend of $0.06

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

SATA Technology stock traded down $0.96 during trading hours on Friday, reaching $96.89. The stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. The stock has a 50 day moving average of $99.71. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insiders Place Their Bets

In other news, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology stock in a transaction that occurred on Monday, October 5th. The shares were 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. The trade was a 32.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 SATA Technology stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. In the last ninety days, insiders sold 42,620 shares of company stock worth $1,325,038.

SATA Technology Company Profile

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.