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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Tuesday, October 20th. 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 is Friday, November 27th.

SATA Technology Price Performance

SATA Technology stock traded down $0.59 during mid-day trading on Wednesday, reaching $98.16. The company’s stock had a trading volume of 503,636 shares, compared to its average volume of 330,442. The firm’s 50 day moving average is $99.61. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Transactions at SATA Technology

In related news, CMO Arshia Sarkhani sold 5,634 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 $176,513.22. Following the sale, the chief marketing officer owned 11,795 shares of the company’s stock, valued at $369,537.35. This trade represents a 32.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Benjamin Pham sold 4,209 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction 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. The trade was a 19.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 42,620 shares of company stock valued at $1,325,038 over the last three months.

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.