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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 17th. Stockholders 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 during midday trading on Friday, reaching $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 firm has a 50 day simple moving average of $99.71.

Insider Activity at SATA Technology

In related news, CMO Arshia Sarkhani sold 5,634 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $176,513.22. Following the transaction, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. This represents a 32.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 stock in a transaction that occurred 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 completion of the transaction, the director owned 8,115 shares in the company, valued at approximately $246,046.80. The trade was a 45.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,620 shares of company stock worth $1,325,038 over the last quarter.

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.