SATA Technology Co., Ltd. (SATA) to Distribute Dividend of $0.06 on November 30th

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Friday, October 16th. Investors of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Performance

Shares of SATA Technology stock opened at $96.89 on Friday. SATA Technology has a one year low of $79.01 and a one year high of $101.35. The company’s 50-day simple moving average is $99.71.

Insider Activity

In other news, CFO Benjamin Pham sold 4,209 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $131,867.97. Following the completion of the sale, the chief financial officer owned 17,365 shares in the company, valued at $544,045.45. This represents a 19.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 SATA Technology stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the sale, the director owned 8,115 shares in the company, valued at $246,046.80. This trade represents a 45.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 42,620 shares of company stock valued at $1,325,038.

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.