SATA Technology Co., Ltd. (NASDAQ:SATA) Announces Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Monday, October 19th. 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 of this dividend is Friday, November 27th.

SATA Technology Stock Performance

Shares of NASDAQ SATA traded up $0.96 during midday trading on Tuesday, hitting $98.77. The company’s stock had a trading volume of 327,281 shares, compared to its average volume of 327,995. The company’s fifty day moving average price is $99.66. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.

Insider Activity at SATA Technology

In other SATA Technology news, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction 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 completion of the transaction, the chief marketing officer owned 11,795 shares in the company, valued at $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 business’s stock in a transaction 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 owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. This trade represents a 45.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 42,620 shares of company stock worth $1,325,038 over the last 90 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.