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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Friday, October 23rd. Investors of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.

SATA Technology Price Performance

NASDAQ SATA traded up $0.06 on Friday, reaching $98.02. The stock had a trading volume of 365,292 shares, compared to its average volume of 331,332. The stock’s fifty day moving average is $99.55. 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 news, CMO Arshia Sarkhani sold 5,634 shares of the business’s 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 completion of the sale, the chief marketing officer owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 business’s stock in a transaction dated 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 directly owned 17,365 shares of the company’s stock, valued at approximately $544,045.45. The trade was a 19.51% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety 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.